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Michael Jordaan to Step Down as CEO of South Africa’s First National Bank

The Board of FirstRand Limited announced that Jacques Celliers will succeed Michael Jordaan when he steps down as CEO of First National Bank at the end of this year to Read More →

Visa Mobile POS Boosts Travel and Tourism Businesses in South Africa

Visa’s new mobile point-of-sales (mPOS) device that makes it much easier and cheaper for smaller and medium enterprises (SMEs) to accept card payments, was showcased at the Visa stand at Read More →

ABSA Launches Multi-Currency Prepaid Travel Card

Absa Bank, a subsidiary of Barclays has launched Multi-Currency Cash Passport - South Africa’s first reloadable prepaid travel Multi-Currency Card. The card allows cardholders to load multiple currencies on the same Read More →

South Africa ATM Cash Withdrawal Trends

Consumer spending and ATM cash withdrawals decreased marginally in April, following a spike in withdrawal activity during the March holiday period, according to the latest statistics released by Spark ATM Read More →

South Africa’s FNB Has The Most Popular Banking Website In Africa

In its most recent survey of web users, Alexa (www.alexa.com) noted that FNB was the only banking website in the top 10 sites in Africa and was the most popular Read More →

FNB Launches Next Generation Banking App for Tablets

The next generation App is the first Banking App in South Africa that allows new and existing customers to open an account in real time, directly from the App. FNB has Read More →

Absa Launches App for Retail and Business Customers

Financial Services Group Absa Bank has launched its much-anticipated App as part of its strategic digital journey, which forms part of its ambition of becoming the Go-To bank Read More →

FNB Enables Money Transfer to Zimbabwe through Cellphone Banking

FNB has launched a service for FNB customers in SA to send money to residents in Zimbabwe using its Cellphone Banking channel. "FNB's Zimbabwe Money Transfer service is more convenient and Read More →

PASA Mandates 3D Secure for all Online Payments

The Payments Association of South Africa has mandated the implementation and usage of 3D Secure for all merchants that process Card not Present transactions.  The first implementation date was the Read More →
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