Digitisation, COVID-19 prompt reduced headcount at Absa
The bank reduces its total number of employees by 1 200 and institutes a hiring freeze, citing COVID-19 ramifications, combined with its digital strategy implementation.
Standard Bank Instant Money can now be collected in spaza shops
The bank expands its retail partner footprint for its Instant Money offering, so that it can bring this service to more South Africans, safely and securely.
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.
Standard Bank propels contactless payments across Africa
The bank is driving the mass adoption of contactless payments in Africa, as consumers look for safer ways to pay in the wake of COVID-19.
Standard Bank sets benchmark for online customer security
iiDENTIFii provides facial recognition services to Standard Bank client base with DigiME platform.
SA banks see surge in e-commerce, contactless payments
South Africa’s big-four banks witness a drastic shift to e-commerce and digital transactions, as consumers opt for safe and convenient payment methods.
Banking, Google alliance promises digital world to SMEs
Standard Bank, Mastercard and Google want to help SMEs accelerate digital transformation, in response to operational challenges posed by COVID-19.
Chillisoft wins at Standard Bank 2020 Top Women Awards
The company walked away with the Fast-Growth Women-Owned SMME Award at the Standard Bank 2020 Top Women Awards.
DPO SA helps small business tap into e-commerce space
The payments enabler empowers SMEs and start-ups to explore the online retail space through its “e-commerce-in-a-box” offering.
Standard Bank looks to blockchain tech for insurance claims
The big four bank is aggressively pursuing the digital insurance space, which has been shaken up by the emerging insurtech start-up companies.