Carry multiple currencies on Absa Cash Passport

Absa has launched a multi-currency Cash Passport that enables South Africans to carry multiple foreign currencies safely on just one card. Representing the future of travel prepaid cards; it allows cardholders to load multiple currencies on the same card with the global reach of MasterCard, accessing 35.9 million locations worldwide. 16 May 2013 10:08

Virtual pocket money management tool from Nedbank

Nedbank has launched the first allowance/pocket money management tool, MyMoneyMap, for families. Secure and easy to use, it empowers kids, with their parents' help, to build financial fitness from an early age. It enables parents to track the allowance given to their kids and the kids to track their funds. 10 May 2013 08:53

Columinate

E-banking survey reveals surge in mobile banking

[Issued by Columinate] Online research specialist Columinate has released the results of the second annual Internet Banking SITEisfaction survey, one of the most comprehensive reports on customers' usage and perceptions of e-banking in South Africa. 8 May 2013 14:06

Calls for yet another credit amnesty

[Helmo Preuss] Credit information services company Experian SA found that more than 2-million South Africans could be affected by a proposed credit information amnesty that seeks to provide relief to indebted consumers and improve their access to credit. 7 May 2013 09:55

All banks are green; logos are not

South African banks are all green, even if their logos are not. Standard Bank staff are getting ready to move into their new Rosebank, Johannesburg, offices - which have received a five-star rating for "green" design from the Green Building Council of SA - and Absa has its own green energy centre. 6 May 2013 08:46

The importance of strong passwords

[Jeremy Matthews] Social networking sites are often the first point of contact between users and companies, and special care should be taken to strengthen the security of social media accounts. 3 May 2013 05:04

ATMs are now 'virtual tellers'

South African banks have been installing more innovative cash-accepting automated teller machines (ATMs), a move that is changing both the role of the teller inside the branch and the way banks are accessed by clients. 2 May 2013 07:55

Debt fears mount as internet loans soar

With a R1.3trn consumer credit market boom in South Africa, online lending has provided a new way for consumers to dig themselves into debt. 22 Apr 2013 10:26

CPIC speeds up company registration

[Linda Ensor] The Companies and Intellectual Property Commission (CPIC) and First National Bank (FNB) will launch an initiative next month which will allow new companies to be registered within a day of opening a bank account. 22 Apr 2013 09:36

Banks that are "too big to fail" may also be too big to succeed - Gartner

Big banks may be considered too big to fail, but their size and operational complexity creates performance drags that could also make them too big to succeed, according to Gartner. Bank CIOs and COOs must innovate in IT and operations to negate a problem Gartner has identified as the "law of diminishing IT returns". 19 Apr 2013 12:05

Building confidence up by five points

[Mark Allix] The FNB/BER building confidence index rose for the second consecutive quarter to its highest level since 2010‚ gaining five points and climbing from 32 to 37 during the first quarter of this year. 17 Apr 2013 08:05

Just a few clicks can leave you cashless

It is very difficult to protect yourself against faceless, nameless criminals from around the world who can click, double-click and make off with your life-savings. 16 Apr 2013 07:00

TaxTalk diversifies into three publications, produced in-house

As the new requirements for the Tax Amendment Act have come into place, the South African Institute of Tax Practitioners (SAIT) will relaunch TaxTalk magazine and produce three separate titles from April onwards. 15 Apr 2013 10:39