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Nedbank
2:10
26 Mar

Lottery goes digital during COVID-19 lockdown

Ithuba is encouraging all players to use its mobile app, which is downloadable on all smartphones.

4:30
20 Mar

COVID-19: SA consumers shun bank branches, go digital

Local banks say they are witnessing a marked increase in digital interactions on their platforms, as customers avoid branches.

4:20

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

2:00

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.

3:10
10 Mar

SA’s top financial players invest in data privacy start-up

Cape Town-based Omnisient lands pre-Series A funding from Nedbank, Investec and Compass Venture Capital, ahead of the POPI Act.

4:30

Nedbank buys into Ramaphosa’s smart city dream

The bank says it has the foundation to enhance public and private partnerships to make the president’s smart city a reality.

3:40
Mar 5, 2020

AI is all about the value, not the model

The success of any project depends less on the delivery of a working ML/AI model, and more on the value it delivers to the business.

4:40
Mar 4, 2020

Nedbank pumps R10bn into IT strategy

The bank says it is making good progress on its digital strategy as it aims to be Africa’s number one digital financial services player.

2:30
Feb 13, 2020

1.7m Nedbank clients exposed after service provider hack

The bank investigates a data security issue that occurred at the premises of a third-party service provider, Computer Facilities.

4:50
Feb 6, 2020

Debt-ridden Cell C admits to ‘misguided strategy’

Improving Cell C’s liquidity and debt profile requires a complicated and delicate restructuring, says CEO Douglas Craigie Stevenson.

4:50
Jan 29, 2020

Urgent cash injection needed as Cell C debt spirals out of control

Too many odds, including government policy and pricing structure, weigh against Cell C, placing its future in jeopardy, analysts say.

2:10
Jan 28, 2020

Cell C defaults on R2.7bn loan repayments

The debt-laden telco misses December interest payment on a $184 million loan, as well as capital plus interest payments on loan facilities

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