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Apr 20, 2020

Digital wallet use soars in SA amid COVID-19

MTN, FNB and Absa see an uptick in use of their mobile money services, as more South Africans turn to digital wallets during the pandemic.


FNB Connect awaits stability at Cell C to scale

The bank wants stability at the financially-constrained telco in order to fully grow its mobile virtual network business.


Battle for quantum supremacy intensifies across the globe

Investment in quantum computing is expected to intensify in 2020, as more countries and tech giants hop onto the quantum physics bandwagon.


FNB takes a quantum leap in computing

As global financial services companies race to achieve quantum supremacy, SA’s First National Bank ramps up its research into quantum finance.

Feb 21, 2020

FNB customers splash R500m on streaming services

The bank’s clients paid close to R500 million in subscription and gift card purchases from Netflix, Showmax and Spotify in the last 12 months.


FNB ‘aggressively’ repositions for platform-based future

The bank takes a page out of Spotify, as it aims to give each customer an experience tailored to their specific individual financial needs.

Jan 24, 2020

Nedbank may follow FNB in closing crypto-currency accounts

The big four bank says it is in the process of assessing its position in respect of virtual currency dealers or traders.

Jan 13, 2020

Local outlets back SA-made smartphone

Mara Phones can be purchased from more local outlets, including two of the big-four banks.


FNB expands ‘scan to pay’ capability

The bank is in the process of adding more QR code payment channels, after introducing the function earlier this year.


FNB adds Limpopo to roll out smart IDs, passports

The bank expands the service for smart IDs and passports to its customers in Limpopo.

Dec 6, 2019

Local banks unite in crackdown on fraudulent debit orders

After implementing the DebiCheck electronic authentication system, local banks are witnessing positive results.


Disappointment as FNB locks out crypto-currency accounts

Local exchanges react to the bank’s decision to close crypto-currency-linked accounts due to the risks the digital currencies present.

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