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Competition Commission prosecutes banks for collusion

The Competition Commission has referred a collusion case to the tribunal for prosecution against 17 banks, including three of South Africa's big banks...

16 Feb 2017

Rapid growth seen in consumers using Automated Deposit Tellers

Due the convenience of Automated Deposit Tellers, there is rapid growth in the number of consumers doing their banking outside the normal banking hours according to FNB...

16 Feb 2017

CashlessAfrica 2017 awards to honor innovation in Africa's digital financial services ecosystem

The CashlessAfrica 2017 awards honor the best across all sectors and segments covering financial technology providers, mobile network operators, financial institutions, mobile money providers...

14 Feb 2017

Investec Private Banking launches #MoreThanData campaign

Can data tell your whole story? To find out, Investec Private Banking presented three 'out of the ordinary' individuals with how data sees them...

14 Feb 2017

Outsurance in new push with digital experts

In its latest push to diversify beyond insurance, Outsurance has hired a team of digital financial services experts from Take Your Money Everywhere (Tyme), the mobile payment provider...

By Hanna Ziady 13 Feb 2017

India uses fintech to increase access to banking

The Indian government is banking its unbanked population by limiting the amount of cash that can be drawn at one time, identifying populations with high potential to ‘go cashless', and by subsidising smart phones...

By Michael Bowren 7 Feb 2017

Cardtronics acquires Spark ATM Systems to enter African market

Cardtronics, which provides services to approximately 225,000 ATMs in North America, Europe and Asia-Pacific, has acquired Spark ATM Systems...

6 Feb 2017

Five key shifts expected in the banking sector

Innovative fintech is forcing the banking industry to adapt their approach...

3 Feb 2017

Research indicates Capitec is South Africa's preferred bank

Nielsen's most recent annual banking survey data shows that Capitec Bank, established in 2001, has significantly increased its lead as South Africa's most popular bank...

2 Feb 2017

Absa ruckus distracts from real problems

One can't help but feel a level of deflection by certain political forces in South Africa over the behaviour of the leading banks during apartheid...

By Ron Derby 31 Jan 2017

China and shadow financing: Part 1

In the first of a two-part series, Mark Mobius of Franklin Templeton Investments looks at the phenomenon of shadow financing in China...

26 Jan 2017

JSE opens marginally higher on retailers ahead of rate decision

The JSE opened marginally higher on Tuesday in lacklustre trade ahead of the Reserve Bank's interest rate decision later in the day...

By Maarten Mittner 24 Jan 2017

JSE firmer on banks as retailers find support from Shoprite

The JSE opened firmer on Wednesday on stronger banks and mixed retailers, led by Shoprite, after both sectors were softer on Tuesday due to a stronger pound...

By Maarten Mittner 18 Jan 2017

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