Good news for Capitec customers getting Smart IDs and passports
Capitec will continue to increase its branch network, as it joins the nation’s other banks in offering Home Affairs services.
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Bad news for FNB eBucks users
FNB is altering its eBucks Reward Level criteria for Premier and Private customers for the second time in 2025, with changes including reducing levelling points by 2,500 on free and simple criteria.
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Capitec is opening the taps
Capitec has increased the size of its credit book, as the bank looks to capitalise on South Africa’s informal economy.
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South Africans saying goodbye to cash
Even in sectors like South Africa’s informal economy, where cash remains the dominant form of payment, most spaza shops have adopted card payments.
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South Africans saying goodbye to bank cards
The recent financial results of three major banks suggest that South Africans are increasingly adopting digital wallets and virtual cards, reducing reliance on physical cards for payments.
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Adumo | Bank Zero | Banking | Bradley Wattrus | Capitec | Carl Wazen
Big change at R12.2-billion South African fintech company
Katlego Maphai has stepped aside as CEO of financial technology company Yoco.
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FirstRand takes selective approach as Africa expansion heats up
International banks pulling back from Africa leave space for local groups like FirstRand to expand.
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South Africa’s biggest bank mulling its future in the UK
FirstRand, Africa’s biggest lender by value, says the fate of its UK unit could rest on a regulator’s ruling over compensation banks have to pay to consumers who believe they were missold car loans.
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FNB’s R22-billion secret weapon
FNB’s mobile virtual network operator, FNB Connect, generated revenue amounting to R22 billion in the 2024/25 financial year.