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South Africa

Eight Digital Banking Scams To Lookout For

As access to banking services through digital channels continues to grow, so does the need to protect consumers against the prevalence of online banking fraud. Yolande Steyn, Head of Innovation at Read More →

SA Reserve Bank Notes Competition Commission Decision

The South African Reserve Bank (SARB) has noted the announcement by the Competition Commission South Africa (Competition Commission) that it has completed its investigation initiated in April 2015 and has Read More →

MyGate and Callpay Collaborate to Offer Telephonic Payment Solution for Contact Centres

MyGate, one of Africa’s largest and fastest growing gateways, and Callpay, an innovative provider of secure payment solutions have collaborated to provide a payment solution that offers secure, telephonic payments Read More →

The South African Reserve Bank Considering a Digital Currency

Recent reports have stated that the South African Reserve Bank (SARB) is contemplating the introduction of a national digital currency based on blockchain technology. A blockchain is a digital public ledger Read More →

SABRIC Alerts Customers About ATM Card Swopping

Due to the high incidence of ATM Card Fraud, the South African Banking Risk Information Centre (SABRIC) would like to alert bank customers to an existing modus operandi, which has Read More →

Proxama Picks Up Another South African Payment Card Deal

Proxama PLC has won a five-year contract with a South African financial group for its payment card issuing, PIN and management technology. Revenue earned from software licences, services and support will Read More →

A Cashless Economy Helps Bridge Inequality – Lessons For SA

South Africa can learn from the Indian government’s moves to bank its unbanked population by limiting the amount of cash that can be drawn at one time, identifying populations with Read More →

Cardtronics Expands into South Africa By Acquiring Spark ATM Systems

Cardtronics plc announced that it has closed on the acquisition of Spark ATM Systems Proprietary Limited — a move that marks Cardtronics' entry into the South African market. Privately held Read More →

Major Developments Expected for Fintech in 2017

From digital banks to mobile-payment solutions, technology is set to change the South African financial services landscape at a pace that will continue to surprise even the most hard-core non-believer. Digital Read More →

Visa Signs Strategic Partnership Deal with Atlas Mara

Visa, a global payments technology company, signed a commercial partnership with Atlas Mara Limited, the sub-Saharan Africa financial services group, as part of a wider strategic partnership to introduce a Read More →
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