For the first time in the loyalty programme’s history, FNB customers spent more rewards than they earned.
Discovery Bank expands its AI-driven banking tools, and introduces new services as it reports fraud reduction wins.
Challenger companies are increasing ICT competition, even as satellite and wireless telecoms are dominated by a handful of firms.
South Africans increasingly adopt ride-hailing, as convenience and costs reshape mobility choices in major cities.
AI is becoming central to how South Africans shop, reinforcing a shift toward strategic spending, says SpendTrend26.
It will evolve into a super app by integrating banking, insurance, health, travel and investments into a unified digital platform.
The digital bank accelerates client acquisition, as it deepens its footprint in an increasingly competitive retail banking market.
The adoption of stablecoin services by banks and mobile operators could accelerate the usage of the emerging crypto across the continent.
The move follows a series of policy developments, including the classification of crypto assets as financial products and the rollout of the licensing regime.
Driver data shows rising platform usage, with Joburg, Cape Town and Durban accounting for the highest volume of rides in 2025.
Under the deal, Discovery Bank clients will be able to link their Luno accounts to buy, hold and sell crypto assets through the bank’s app.
The Prudential Authority imposes administrative sanctions on Discovery Bank, as a result of its non-compliance with the FIC Act.
The top news headlines for 17 - 22 January 2022
A summary of the top business technology stories shared by ITWeb between 17 - 22 January 2022. Visit www.itweb.co.za for more news. #Microsoft #Oracle #Blockchain