Standard Bank’s Jacko Maree Receives Lifetime Achievement Award

Jacko Maree was honoured recently, by The Banker magazine, with a lifetime achievement award for his contribution to banking. Jacko’s banking career spans more than 32 years. Of these, Jacko was Chief Executive of Standard Bank Group for 13. The Lifetime Achievement award is not made every year. The award is decided by an editorial committee to

iVeri Celebrates the First Year of Their mPress MPos Product

One year ago, in November 2012 iVeri announced the launch of mPress, a comprehensive MPos product for Financial Institutions. When MPress was deployed by a customer in February 2013 it was the first MPos deployement in Africa and one of the first worldwide. The team at iVeri are very proud that one year after the

MasterCard Launches Priceless Africa Campaign in SA

MasterCard has introduced the Priceless Africa campaign to South Africa, bringing the global Priceless Cities programme to Africa for the first time. Dedicated to bringing consumers closer to their passions while celebrating the spirit of Africa, the popular campaign offers a collection of special discounts and rare experiences, curated just for MasterCard cardholders. Travel, attractions,

SASSA MasterCard Debit Card Boosts Financial Inclusion

Following the 10 million South Africa Social Security Agency (SASSA) MasterCard Debit card milestone announcement, an independent consumer survey has attributed this program as being one of the largest contributors to increasing financial inclusion in South Africa. According to FinScope South Africa 2013, South Africa’s banked population has grown 8% since 2012, with 75% (27.4

Infobip Launches Enterprise USSD Platform in South Africa

Infobip, a global leader in cloud-based mobile messaging and payments solutions for enterprises and mobile operators, announced it has built a technical platform for enterprise USSD in the Republic of South Africa. Comprising push USSD as well as mobile initiated options, enterprise USSD allows banks and financial institutions to increase security of internet banking transactions

Spark ATM Cash Index for South Africa – October

The latest statistics released by the Spark Cash Index (SCI), which measures the average value of cash withdrawals across more than 2 200 Spark Automated Teller Machines (ATMs) throughout South Africa, showed a slight increase in ATM withdrawal levels for October 2013 and illustrates that consumers are bracing themselves for the upcoming festive season. The

TCI Announces Next Generation Payments Southern Africa Conference

Explore the latest developments, challenges and opportunities by attending South Africa’s foremost Next Generation Payments event and hear from highly distinguished speakers coming from the SADC region and internationally based expert speakers; a 3 day event running from 5,6 and 7 March 2014. The increasing use of mobile platforms, retail cash sending transfers, near field

SA Banking Industry Releases Crime Fraud Statistics

The banking industry is pleased to announce that debit card fraud losses have decreased by 42% for the period 1 January- 30 September 2013. This is according to the latest banking industry’s card crime statistics as released by SABRIC (The South African Banking Risk Information Centre). This figure is significantly lower when compared to the

Chek Africa Launches Cheklocums.co.za

Chek Africa Holdings, a South Africa privately owned eCommerce Company, announced the launch of cheklocums.co.za, a real-time e-recruitment platform focused solely to locum professionals and employers in the healthcare industry. The platform embraces the locum industry by encompassing its innate flexibility with functionally rich e-recruitment solutions, making it the ideal tool for healthcare employers to

Finscope South Africa 2013 – Banked Grow by 3.5m

FinMark Trust has released its annual FinScope South Africa 2013 survey results. This year’s study reveals a significant increase in financial inclusion compared to last year from 28.9 million people in 2012, to 30.7 million in 2013. Significant increase in financial inclusion This growth in financial inclusion is mainly due to an increase in borrowing,