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PASA will be Reducing the Maximum Value for Writing a Cheque

After careful consideration and consultation with key stakeholders, PASA will be reducing the maximum value for writing a cheque from the current value of R500 000 to R50 000, effective Read More →

RBR Research: Video Banking Helps Banks Extend Financial Services to New Locations

Video banking technology provides banks with the ability to extend their services to more customers at a lower cost than full-service branches.

Another banking touchpoint According to RBR’s Teller Automation Read More →

Sasfin’s Digital Advisory Council Provides SA with a Glimpse of Banking’s Future

Specialist financial services provider Sasfin Bank has established a Digital Advisory Council to provide the market with industry-leading expertise and insights on trends shaping the use of technology in financial Read More →

Tribunal Approves Merger Whereby Absa Bank Acquires Société Générale SA

The Tribunal has approved a large merger, without conditions, whereby Absa Bank Ltd (Absa) seeks to acquire Société Générale SA (SocGen) Johannesburg branch in respect of target assets. Absa is a Read More →

GCB Bank Makes Strong Showing Despite Industry Challenges

The MD of GCB Bank, Anselm Ray Sowah has stated that GCB’s strong performance has increased significantly despite the challenges in the banking industry. He explained that the Bank had Read More →

Standard Bank Introduces New Bank Account – MyMo

Standard Bank is leveraging its digital capabilities to create superior digital platforms that enhance customer experience and enable easy and affordable access to banking services. As part of this, the Read More →

EY Global FinTech Adoption Index Finds Over Half of Global Consumers use FinTech

  • US consumer adoption has grown 29.5% in the last four years
  • 96% of global consumers are aware of at least one money transfer and payment FinTech service
  • One-quarter of Read More →

Adyen Expands its Global Payment Offering to Africa

Partners with Cellulant, bringing new payment capabilities across Africa, starting with Nigeria, Kenya, Tanzania, Ghana and Uganda.

Adyen, the payments platform of choice for many of the world’s leading Read More →

FirstBank Demystifying Financial Inclusion with XploreFirst

Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent Read More →

SARB Report on Stakeholder Feedback on Reform of Interest Rate Benchmarks in South Africa

Following the release of the 'Consultation paper on selected interest rate benchmarks in South Africa' (Consultation Paper), the South African Reserve Bank (SARB) embarked on a public consultation process Read More →

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