South Africa’s already crowded digital banking sector is about to get a heavyweight challenger. Revolut, the London-based fintech giant with more than 65 million global customers,...
For years, it was the ambitious, high-stakes project watched by every player in the South African financial sector. Could Discovery, with its powerful Vitality model, truly...
Capitec Joins the Smart ID Game For years, Capitec stayed out of the Department of Home Affairs’ (DHA) Smart ID pilot, leaving competitors like FNB and...
Capitec, South Africa’s biggest bank by customer numbers, has confirmed it is in ongoing discussions with the Department of Home Affairs (DHA) about potentially offering Smart...
Capitec CEO and co-founder Gerrie Fourie will retire in July 2025 after 25 years at the bank, leaving behind a legacy of innovation and exponential growth....
Discovery Bank is making waves with a major overhaul of its digital banking services, introducing AI-powered tools, upgraded security features, and expanded rewards for its rapidly growing customer base. With 1.1 million customers and 1,500...
The South African Banking Risk Information Centre (SABRIC) has issued a stark warning about the surge in AI-powered scams targeting bank customers. Criminals are using advanced...
South Africa’s well-established banking sector, dominated by the “Big Four” (Standard Bank, Nedbank, Absa, and FNB), is about to experience a significant shake-up. Four new banks—OM...
Old Mutual is making waves in South Africa’s financial sector with the launch of its new R2.8 billion bank, set to roll out in the fourth...
Kenny Fihla has been appointed as the new CEO of Absa, leaving his roles as Deputy CEO of Standard Bank Group and CEO of Standard Bank...