Standard Bank South Africa Launches Customer Rewards Programme

Standard Bank South Africa has launched a rewards programme. From 10 June 2013, Standard Bank South Africa customers can join UCount Rewards, a programme offering rewards for using their Standard Bank personal debit, cheque or credit card. “Our customers are our greatest asset and through this programme, Standard Bank will reward customers in a way

ABSA Unveils ‘Futuristic Branch’

Imagine a branch where long queues are a thing of the past, even during traditionally busy periods, where innovation not only drives convenience, but also has tremendous environmental benefits; and technological advances support a safe and convenient 24-hour banking experience. Such features are set to become the new standard in South African banking halls with

FNB Zambia to open three new branches across Zambia in 2013

First National Bank will open five new branches this year including in Chipata, Solwezi and Chingola as it continues to extend its services in to the unbanked population. And FNB Zambia chief executive officer Sarel van Zyl has noted that the bank has achieved significant growth during its four years of business in Zambia. Speaking

FNB Lesotho Appoints New CEO

The FNB Lesotho Board of Directors announced the appointment of Emil Heppell to the position of Chief Executive Officer of FNB Lesotho. Heppell succeeds Trevor Holtman who left the bank at the end of a four year secondment to pursue other opportunities within the group. Heppell’s qualifications and capabilities are highly regarded by the Board

South Africa Selects Gemalto for its National Electronic Identity Card Program

Gemalto will supply the Government Printing Works (GPW) of South Africa with Sealys eID cards for their national identity card program. GPW will harness Gemalto’s secure embedded software to protect the holder’s image and biometric data within the secure identity e-document, delivering outstanding levels of integrity and privacy. Moreover, GPW selected the high-end Sealys document

Absa Pilots Mobile Point-of-Sale Innovation

Barclays subsidiary, Absa has announced that its Payment Pebble, a mobile point-of-sale (MPOS) innovation, which aims to fundamentally transform the payment acceptance industry, is gearing up to enter its pilot phase. The Payment Pebble is a small portable device which plugs into smartphones or tablets and enables small and medium scale enterprises to accept payments

ABSA Launches Mobile Rewards Programme

Financial services Group Absa announced that South Africans on its Rewards programme can now instantly redeem their cash rewards on the mobile banking platform, Absa.mobi. Through the Absa.mobi site, Absa Rewards members will not only be the first in South Africa to instantly redeem their cash rewards on cellphone banking, they can also view their

SIM Swap Fraud Growing in South Africa

SIM Swap Fraud is a term that has been doing the rounds in the South African media lately. It is a new style of cell phone banking fraud which uses a combination of your bank details and phone number to withdraw money from your bank account without your permission or knowledge. SIM Swap Fraud generally

Capitec Bank Responds to Business Times Article and Credit Market Concerns

Capitec Bank has issued a statement to say that they do not agree with the comments in the Business Times article by Thekiso Lefifi titled ‘Capitec bubble about to burst?’.  They claim it created an incorrect perception of the way the bank does business. They say there are factual errors in the comments which are misleading

South African E-banking Survey Reveals Surge in Mobile Banking

Online research specialists Columinate have released the results of the second annual Internet Banking SITEisfaction survey, a report on customers’ usage and perceptions of e-banking in South Africa. The survey quizzed over 1400 South African e-bankers on their online banking habits and attitudes, and revealed several interesting trends. The survey revealed that the South African