New bank taking on Capitec with full public launch near
OM Bank has revealed that it attracted 150,000 customers in its soft launch period, and that a full public launch is imminent.
-
-
South African bank buys big stake in Dubai business
FirstRand has acquired a 20% stake in Optasia, with the hope that FNB will be able to use the platform to acquire new customers.
-
South African bank buys big stake in R17-billion company backed by Michael Jordaan
FirstRand has announced that it has agreed to acquire 20.1% of Optasia, a global financial technology company that is busy listing on the JSE.
-
Nedbank R1.65-billion fintech acquisition gets important approval
The Competition Commission has recommended that the Competition Tribunal approve Nedbank’s acquisition of financial technology company iKhokha, without conditions.
-
Banking | bitcoin | cryptocurrency | Luno | Luno Pay | Moneybadger
South Africans can use Bitcoin to pay nearly anywhere
MyBroadband tested Luno Pay, which allows users to pay using Bitcoin at nearly anywhere.
-
Banks shutting down ATMs in South Africa
Less reliance on cash for payments and points of presence partnerships with retailers are reducing the need for ATMs in South Africa.
-
Capitec fraud warning
Capitec has provided tips for spotting online job scams and fraudsters pretending to be police officers.
-
Business Talk – PayInc’s Israel Skosana on powering South Africa’s digital payment future
Israel Skosana is the Chief Product and Scheme Officer at PayInc and a two-decade veteran in the finance industry, having worked at companies such as UnionPay International, Mastercard, Standard Bank, and Absa.
-
FNB online trading platform outage
FNB’s online stockbroking and portfolio management website experienced an extended outage this week, with customers unable to view their accounts or trade.
-
How to get to eBucks Level 5 with new rules
From November 2025, it will be substantially more difficult for FNB Premier and Private account holders to reach the top level of the bank’s rewards programme without taking on additional products.