Capitec-backed Imvelo Ventures invests in bancX expansion
The bancX start-up will use the funding to accelerate the expansion of its experiential cloud-based banking platform globally.
Capitec Bank now also offers virtual card payments
Clients can use the virtual card online like a physical card, but it’s safer as no-one can steal or duplicate it, says Capitec Bank.
South African banks snub social media conversations
In the new Banking Sentiment Index, Nedbank and African Bank emerge as the most responsive, while Discovery Bank is the worst at responding to customer queries.
Capitec clients can buy SA, US stocks from banking app
The EasyEquities feature allows rands to be converted to dollars within the platform and then used for the purchase of US shares.
University of WCape gets R11m data science boost
The varsity enters a multimillion-rand partnership with Imvelo Ventures to empower a new generation of leaders who will transform the business world.
Capitec launches free online financial education platform
The bank wants to empower people to learn helpful money strategies and key financial principles in a simple and engaging way.
Capitec, Nedbank blame tech glitch for debit order debacle
The banks have owned up to the incident that resulted in clients having double deductions from their accounts.
Guardian Health app does it again
Capitec held its Hackathon Life 2.0 tournament to help find solutions that will see South Africans live better in a post-COVID world.
Motsepe’s TymeBank gets Forbes recognition
The 18-month-old South African digital bank is rated second best in the country on the Forbes list of the world’s best banks.
TymeBank signs up 4 000 new customers per day
The digital bank now has 1.4 million customers, of which 700 000 are active bank accounts
Banks urged to balance digital convenience, human engagement
A survey shows customers are placing far more emphasis on perceived value and the need for banks to retain a human touch.