Prudential Authority imposes sanctions on HSBC Bank

The Prudential Authority (PA) has imposed administrative sanctions on the Johannesburg branch of HSBC Bank for non-compliance with aspects of the Financial Intelligence Centre Act...

2 days ago

IRBA reports to Parliament on VBS

The IRBA told Parliament that it has followed the VBS Mutual Bank developments from the time the South African Reserve Bank (Sarb) placed the bank under curatorship...

8 Nov 2018

VBS in the red by R372m

Reserve Bank Deputy Governor Kuben Naidoo says unaudited restated financial statements show that VBS Mutual Bank has a negative equity position of R372m.

7 Nov 2018

President: We must act against those who destroyed VBS

President Cyril Ramaphosa says the fraud and corruption that took place at VBS was a tragedy against the most vulnerable in society, and that action must be taken against those responsible for the crime.

6 Nov 2018

Explainer: lessons from the collapse of a small South African bank

The South African Reserve Bank placed VBS, a small mutual bank, under curatorship in March this year against a backdrop of a serious liquidity crisis...

By Jannie Rossouw 5 Nov 2018

These are SA's favourite loyalty programmes

Pharmacy and beauty retail is leading the charge when it comes to loyalty programmes in South Africa. Clicks Clubcard has remained at the top as the most used loyalty programme...

2 Nov 2018

Local banks shine at inaugural BrandZ Top 30 Awards

Standard Bank was crowned the country's most valuable brand at the inaugural BrandZ Top 30 Most Valuable South African Brands when it launched at the Johannesburg Stock Exchange on Wednesday morning...

By Danette Breitenbach 1 Nov 2018

Bank Zero has lift off

Bank Zero Mutual Bank was granted its licence, has integrated with the national payments systems of the South African Reserve Bank (Sarb), and is currently alpha testing their app-driven bank...

31 Oct 2018

Partnering up: The only way forward for banks and fintechs

Local fintech players are carving out a sizeable chunk of the financial space with mobile money, social lending, bitcoin wallets, mobile card acquiring...

By Felix Antonysamy 31 Oct 2018

Know your debit orders: The game is changing and so should your strategy!

Recently PASA was mandated to develop a new debit system to replace EDO. We discuss how the collections game is about to change and the impact on your collections strategy...

Issued by Principa 25 Oct 2018

New blockchain savings platform to launch in SA

Fintech company Stackr and blockchain-focused software developer NONA are set to release to market the first saving solution for the blockchain community in South Africa...

Issued by NONA Digital 25 Oct 2018

Corporate content should be part of your DNA

On the cusp of exciting and fruitful pan-African networking and trade, the time to make use of an unbiased B2B media showcase for all Africa's dynamic, entrepreneurial business communities is now...

Issued by Bizcommunity.com 24 Oct 2018

Bizcommunity Recruitment in Africa Focus

A comprehensive B2B Recruitment Focus from December 2018 to February 2019 will ensure that Bizcommunity is the go-to destination for all the B2B news you'll need to plan your HR and recruitment strategies in 2019...

Issued by Bizcommunity.com 23 Oct 2018

The evolution of payments

New open banking ecosystem could render card payments obsolete...

Issued by Luxury Brands 22 Oct 2018

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