Gemalto, the world leader in digital security, reinforces its Ezio range of online banking protection with the newly integrated transaction monitoring software – the Ezio Dynamic Fraud Manager. Gemalto is working with NCR, the global leader in consumer transactions technologies, to offer the Fractals intelligent fraud detection solution as part of the Ezio solution. It
Steward Bank has launched the first MasterCard World Rewards Credit and Debit cards, giving cosmopolitan customers access to unique privileges and rewards not seen before in Zimbabwe. This affirms Steward Bank’s position as a leading innovator in the country’s growing financial services sector. The premium card programme was launched at an exclusive golf day at
Efforts to curb increased incidences of Cyber crime within Africa’s financial institutions, Government Agencies and private sector have received a boost with the planned Southern Africa Banking and ICT Summit set for April, 30th , 2015 at Intercontinental Hotel Lusaka Zambia. The one-day meeting, organized by Cyber Security Africa and industry stakeholders, is designed to
Simon Denny has been appointed Head of Investment Banking for Deutsche Bank South Africa. He will be based in Johannesburg and report locally to Peter Wharton-Hood, Chief Country Officer. Simon takes over as Head of Investment Banking succeeding Kevin Latter. Since joining Deutsche Bank in 2008, Simon has advised many South African blue chip corporate
Standard Bank Group signed a US$250 million loan agreement with the Japan Bank for International Cooperation (JBIC). The credit line is co-financed by Mizuho Bank, Ltd, with JBIC providing a partial guarantee for the co-financed portion. The funding will be used by Standard Bank Group to on-lend to green energy projects in sub-Saharan Africa. The
Multi-banking is becoming a common trend in South Africa as various businesses, public sector institutions as well as individuals prefer to bank with more than one banking partner. According to an annual business tracking survey done by TMS, 14% of small businesses do not have a ‘main bank’ and this is also prevalent in 26%
In line with Sub-Saharan Africa’s (SSA) projected economic growth of 4.9%(1) this year, which is double the projection for advanced economies (2.4%), DHL SSA expects 2015 to be a year of growth for the logistics industry on the African continent, largely driven by increased consumer demand and the rapidly developing e-commerce industry. This is according
Verifone Mobile Money and MTN Group, announced an agreement to deliver retail payment devices to merchants across 16 of MTN’s operating countries. The solution will enable customers to pay for goods and services using their mobile phone and MTN Mobile Money wallet, while merchants will be provided with payment terminal solutions from Verifone. “We are
Research shows that South Africans have a big appetite for ecommerce and find lower costs, fast and flexible delivery and more significantly, safer ways to pay to be driving influences for conducting more e-commerce purchases. A recent study conducted in South Africa by Ipsos, a global market research company, on behalf of PayPal and FNB,
FNB announced that the cardless cash withdrawal feature is available on the latest version* of the FNB Banking App. The feature allows customers to withdraw money at an ATM without using their bank cards. This launch to the 1.2million active devices that currently make use of the FNB Banking App comes shortly after FNB announced
