Southern Africa

Customers Can Now Pay Small Businesses Via WhatsApp

Nedbank, in collaboration with Mastercard and Ukheshe, has launched Money Message, a new payment platform that lets small and microbusinesses conveniently receive secure in-chat payments from their customers via WhatsApp. A Read More →

Netcash | How to Get Paid Faster By Making Bill Payments Easier for Customers

By Paul Adant, Solutions Architect at Netcash As South Africa’s payment system sunsets cheques and accelerates its move away from cash, consumers and businesses are looking for convenient and simple instruments Read More →

Standard Bank | After a Cautious Start, Africa’s Policymakers Should Accelerate the Implementation and Adoption of AfCFTA

By: Vinod Madhavan, Head of Trade at Standard Bank Group Africa’s policymakers need to ensure that the momentum behind the African Continental Free-trade Area (AfCFTA) is not lost following the trading Read More →

SA Fintech Startup Funded by Major International Buy Now Pay Later Player

With international investment in South Africa having drastically reduced, homegrown fintech startup Payflex has scored a significant vote of confidence from an Australian-listed multinational. Payflex is backed by Zip Co Limited Read More →

PASA | How Did South Africa Manage to End the Use of Cheques?

31 December 2020 marked the end of Cheques, one of the oldest recognized payment instruments in South Africa. For the Payments Association of South Africa (PASA), the legal and operational Read More →

Crossfin Ventures Invests in SA’s First Gold-backed Savings Account, Debit Card

Crossfin Ventures, the angel investment arm of Crossfin Technology Holdings, has announced its investment in Troygold, a South African fintech enabling gold owners to digitise physical gold and use it Read More →

Media Statement Re AYO Banking Facilities

JSE-listed technology investment group, AYO Technology Solutions Limited (AYO), has filed an urgent high court application to interdict First National Bank (FNB) from terminating its transactional banking facilities with effect Read More →

FNB Offers No Monthly Account Fees on Easy Zero and Added Benefits for its Customers

Practicing healthy money habits and adjusting how you do your everyday banking can go a long way in stretching your money further for your short and long-term goals. Over the years, Read More →

Absa Earnings Decline; 7% Pre-provision Profit Growth Indicates Positive Underlying Performance

Absa Group Ltd., one of Africa’s largest financial services provider, has reported a 51% decline in normalised headline earnings to R8 billion after impairments nearly trebled to R20.6 billion amid Read More →

Standard Bank | Digital Assets and the Evolving Role of Banks as Custodians

Masha Maharaj, Head of Custody, Investor Services, at Standard Bank South Africa As retail and institutional investors embrace digital assets, with cryptocurrencies fast becoming a mainstream asset class and blockchain technology Read More →

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