Menu

Banking

COMESA Banks’ Governors Push for Regional Payment and Settlement System

Common Market for Eastern and Southern Africa (COMESA) Committee of Governors of Central Banks wants all COMESA member countries to fully utilize the Regional Payment and Settlement System. In their 22nd Read More →

Capitec Bank Invests €21M in European Fintech Creamfinance

Creamfinance, a leading consumer finance provider and the fastest-growing European fintech, announced the closure of a €21 million deal in Series B financing with Capitec Bank Holdings Limited (“Capitec”). Read More →

Carrefour Launches Online Self-Service Banking With Current Account Facility

The first self-service current account that anyone can open, activate online, and which is not subject to income conditions. Starting on 18 April 2017, consumers will have access to a completely Read More →

SARB Shares Available To The Public

The South African Reserve Bank (SARB) would like to invite all eligible South Africans to acquire 149 200 shares in the SARB. These became available for sale after the High Read More →

Major Global Transaction Banks Are Live With SWIFT Gpi

SWIFT announces that global transaction banks are actively using SWIFT’s new global payments innovation (gpi) service, which opened for live payments in January 2017. ABN Read More →

Central Bank of Nigeria – The Rate of Naira Counterfeiting is Less Than One Per Cent

The attention of the Central Bank of Nigeria (CBN) has been drawn to certain spurious and grossly uninformed claims suggesting that about 20 per cent of the Naira currency notes 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 →

Salem Five Focuses on Customer Experience with Move to Fiserv

Fiserv, Inc, a leading global provider of financial services technology solutions, announced that Salem Five, a $4.2 billion Massachusetts-based bank, has selected Fiserv as a new technology partner. 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 →

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 →
Email Subscription

Subscribe via email!

Receive Regular news of the latest in payments straight to your inbox.

news for payment professionals