Bank on the Global SME bank of the year! FNB’s market-leading approach to providing helpful and contextual financial solutions to support business customers has been recognised through the accolade of Global SME Bank of The Year at the Global SME Finance Awards Ceremony late in 2020. Managed by the IFC, the SME Finance Forum was
The global payments industry is undergoing major change and transformation. With the rate of change accelerating, the financial industry must continue to evolve and innovate in order to stay ahead of customer expectations and deliver instant, frictionless, transactions. SWIFT’s 2020 Community Update – Focus on South Africa, brought together market leaders and industry experts to
COVID-19 has accelerated digital banking with a significant move by customers towards online and mobile banking. With travel restrictions and working from home policies firmly in place, it is important that banks choose to work with software vendors who have the experience to successfully deliver their digital transformation projects in an offsite context. Since the
By Dr Tijsbert Creemers-Chaturvedi, Managing Director and Partner at BCG, Johannesburg Daily banking has always been the glue that cements a customer’s relationship with their bank. But regulatory changes, rising customer expectations, new competition, and technological advancements are weakening that glue and threatening banks’ profitability We estimate that a retail bank puts 15% to 25%
Standard Bank South Africa has become the first bank in the country to go live on the Traydstream platform. The move to Traydstream, which was completed on November 5, will create efficiencies in Standard Bank’s trade process and will continue to set it apart in the trade environment. Traydstream digitises documents such as the Letter
The judging panels were impressed by Ecobank’s sound management, business model and strategic initiatives as well as its pioneering technology Ecobank (www.Ecobank.com) wins “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance Awards in London. Ecobank Cameroon, Gambia and Rwanda won Bank of the Year at The Banker Awards on 28th November.
Standard Bank Group has been recognised once again for its accomplishments over the past year. This time round, the bank has secured prestigious country awards in South Africa, Lesotho, Zambia, Zimbabwe and Angola in the Bank of the Year awards for 2019. Regarded as the industry standard for banking excellence, The Banker’s (part of the
Absa Corporate and Investment Banking (CIB) claimed top honours in the 12th EMEA Finance African Banking Awards for 2019 when it was awarded Best Investment Bank in Africa; it also won Best Investment Bank in Botswana, South Africa, Tanzania, and Zambia as well the Best Equity House in Mozambique and the Best Loan House in
Zambia Industrial Commercial Bank Limited (ZICB) has announced a partnership with global payments technology company Mastercard to issue Mastercard prepaid and debit business cards, providing its business customers with a safer and more convenient alternative to transacting with cash. This is the first time a Zambian bank will issue Mastercard business cards, which enable companies
A year since launching, uKheshe, South Africa’s cheapest and most convenient QR cash card and micro transaction platform, has left an indelible imprint on South Africa’s unbanked and underbanked. The start-up, with over 300 000 users to date, has forged ahead with its financial inclusion strategy, receiving high praise and global recognition. Clayton Hayward, co-founder and
