Articles about Capitec

AI cuts cost of intelligence but reasoning stays premium

Capitec CDO Azhar Said explains how decision intelligence slashes AI costs to drive financial inclusion.

Capitec ramps up AI, smart ID rollout

The bank marks 25 years with strong earnings growth, AI investment, smart ID rollout and expanding digital services for 26 million clients.

Cross Switch, Absa expand secure checkout with Absa Pay

Merchants on Cross Switch can now offer Absa Pay, improving security for online customers during checkout.

AI deployment helps businesses make decisions that count

At the ITWeb AI Summit 2026, Capitec's Azhar Said will share why decision intelligence, not speed, is the real competitive advantage.

VIDEO: Banks step up as DHA expands smart ID services

The Department of Home Affairs extends smart ID services through partnerships with banks, with Capitec, Standard Bank and FNB deploying new services at selected branches.

Andrew Baker appointed as Capitec CIO

Andrew Baker, who previously served as chief technology officer, takes the helm from Wim de Bruyn.

AI reshapes South African banks’ investment priorities

FNB, Absa, Standard Bank, Nedbank and Capitec go beyond pilot projects and isolated AI experiments to large-scale deployment across core operations.

VIDEO: Jorge Mendes: It’s not Cell C’s ‘divine right to succeed’

Cell C is determined it will not make the same mistakes as Virgin Mobile and Red Bull Mobile did, says CEO Jorge Mendes.

Capitec to buy fintech start-up Walletdoc for R400m

The purchase consideration comprises a cash payment of R300 million and a deferred earn-out of R100 million.

Capitec Connect powers South Africa with real value and simplicity

Capitec Connect aims so make a meaningful difference by empowering every South African through connection.

Stitch collaborates with Capitec to roll out VRP payments

The payments company adds Capitec’s Variable Recurring Payments to its roster of payment methods, allowing merchants to debit recurring payments.

Local online spending surges on Black Friday

Black Friday retail sales in South Africa for 2025 saw a significant rise, with online spending surpassing 2024 and reflecting a larger average basket size.