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Southern Africa

Findings from the Cyber Intelligence Research Group Cause Doubt

The South African banking industry is aware that the findings of research conducted by the Cyber Intelligence Research Group and specifically the Cyber Exposure Index may cause unnecessary fear, Read More →

Identity Verification Platform ThisIsMe Wins African Fintech Awards

ThisIsMe won top spot at the African Fintech Awards hosted at the Finance Indaba last week. The business tied with Easy Equities after two days of intense pitching battles and Read More →

Smartphones are the New Hub From Which Consumers Run their Financial Lives

Smartphones are the new hub from which tech-savvy consumers run their financial lives. In the developed world, bank branches are closing at an accelerated rate due to a decline in the Read More →

SASSA Says Expiry of Cards Will Not Affect Beneficiaries

The issues of the South African Social Security Agency (SASSA) expiry card has brought a lot of uncertainty among social grant beneficiaries who are now living in fear of what Read More →

Spark ATM Systems Achieves Record Growth as Banks Outsource ATM Networks

South Africa’s premier independent ATM deployer, Spark ATM Systems, has announced record installations for their third quarter, with 73% growth compared to their previous best quarter. This significant growth follows the Read More →

FNB Business Voted Best Business Bank in SA

FNB Business has again been voted “Top Corporate Bank” in the 18th installment of the annual Sunday Times Top Brands survey, this makes it the fifth year in a row Read More →

TymeDigital Receives Banking Licence from South African Reserve Bank

The South African Reserve Bank (SARB) has issued an operating licence to TymeDigital by Commonwealth Bank SA. This is the first licence issued to a new bank by the SARB since Read More →

Visa Deepens Collaboration with Merchants at Visa 2017 Merchant Forum

Visa held the 2017 Merchant Forum in Cape Town recently, bringing their global experts to share insights with local merchants and showcase their new merchant focused offerings that enable greater Read More →

Latest BankservAfrica Data Shows Six Months of Sustained Improvement

South African salaries and pensions have increased above the rate of inflation for the sixth consecutive month, with salaries improving by an average of 1.1%, after inflation, compared with August Read More →

AlphaCode Invests in Luno, an International Bitcoin Platform

Luno announced its expansion into 35 new markets across Europe, and R120 million Series B funding round, led by London-based Balderton Capital, one of Europe’s leading venture capital firms. Rand Read More →
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