Bank Zero introduces pricing guide, promises financial freedom
The digital-only bank bills itself as the first bank in SA to charge zero fees for EFT payments and the first to offer free debit order services.
Digital newcomer Discovery Bank nears 500K customers
The digital bank says it has 489 000 clients as of 13 September, versus 370 000 accounts at the end of June.
TymeBank reaches new high, adds fast mode of transaction
The new kid on the banking block now has two million customers − a target reached five months ahead of the bank’s plans.
TymeBank, Discovery Bank see customer gains during lockdown
The digital banks report an upswing in on-boarding new customers, as more consumers look to branchless banking channels for their financial services.
Countdown begins for Michael Jordaan’s Bank Zero launch
The bank enters the final phase before launching next year and says it has already put safety nets on fraud and attacks.
Discovery puts digital bank at centre of strategy as profit drops
The new digital bank now has more than 22 000 clients, with over 50 000 accounts, after 1.5 million hours spent building 120 interconnected systems and infrastructure.
How SA's big banks plan to tackle digital newcomers
Although welcoming competition in the market, the incumbent banks are watching the new players closely.