FNB's eWallet now works at Spar outlets

First National Bank's (FNB) eWallet may now be used to purchase goods and withdraw cash at participating owner-managed Spar stores across South Africa. The cardless functionality of the eWallet@till uses a cellphone to enable eWallet recipients to make over the counter purchases and withdrawals at...

3 Apr 2018

Capitec adds value to mobile banking app

“Ads annoying, right?” Capitec has created three ads, each with different personalities, to add value to their mobile banking app. Instead of having to endure long queues at banks and stores, now you can ‘skip' and use their mobile banking app instead. Hilarity comes in the form...

14 Mar 2017

Standard Bank's forex wallet app wins at Efma

Standard Banks' new foreign exchange mobile wallet, 'Shyft'-ing money was awarded a Bronze international award in the Most Disruptive Innovation category, at the 2016 Efma-Accenture Distribution & Marketing Innovation Awards held in Barcelona this week. Through the app, customers can buy a...

28 Oct 2016

Nedbank Private Wealth wins at 2016 Euromoney Awards

Nedbank Private Wealth was awarded for its wealth management services at the 13th annual Euromoney Private Banking and Wealth Management Survey 2016. The financial services provider won in the following categories: • Philanthropic Advice (Africa and South Africa). • SRI/Social Impact...

17 Feb 2016

Investec Bank wins Best Distributor in Africa award

Investec Bank's Structured Products division has won the Best Distributor in Africa award at the 2016 Europe Structured Products & Derivatives conference held in London recently. The accolade marks the rise of alternative investments as South African investors seek innovative means of gaining...

15 Feb 2016

Apple Pay to launch in Britain

SAN FRANCISCO: Apple has announced it will launch its tap-to-pay mobile payments system in Britain next month, allowing iPhones to be used to pay at 250,000 locations including London's transit system. "We are now excited to announce we are bringing Apple Pay to the UK, and it is coming next...

10 Jun 2015

Thulani Gcabashe replaces Fred Phaswana as Standard Bank chairman

Thulani Sikhulu Gcabashe has been appointed the new chairman of the board of the Standard Bank group (SBK) and of Standard Bank SA. The appointment is effective from end May. He will replace Fred Phaswana, 70, who will retire at end May. Source: BDpro

7 May 2015

Head of Nedbank Corporate Property Finance retires
Head of Nedbank Corporate Property Finance retires

Frank Berkeley, managing executive of Nedbank Corporate Property Finance, has his early retirement effective 31 August 2014. Berkeley has been at the helm since 2004. Says Mfundo Nkuhlu, managing executive of Nedbank Corporate, "I would like to express my gratitude to Frank for his outstanding...

10 Aug 2014

Finance Ministry warns of fake Twitter account

The Ministry of Finance on Monday warned the public that a Twitter account, set up in the name of newly appointed Finance Minister Nhlanhla Nene, is a counterfeit. "The Twitter account with the handle @NhlanhlaNeneZA is counterfeit," said the ministry. Minister of Finance Nene does not have an...

26 May 2014

2014 Sikuvile Journalism Awards entry deadline extended

The Print and Digital Media South Africa (PDMSA) has announced that the 2014 Standard Bank Sikuvile Journalism Awards entry submission deadline has been extended to Friday, 21 February 2014. For competition details and to access the press kit, visit www.pdmsa.org.za or contact Malesedi on...

18 Feb 2014

Absa the leading retail bank in survey
Absa the leading retail bank in survey

Absa has been voted the leading retail bank in the 2012 TGI Icon Brands survey, while Absa idirect was voted the leading short-term insurer. The TGI Icon Brands survey is a special measure of how consumers feel about brands in South Africa and looks for quintessential brands that fly the South...

25 Jul 2012

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