A black man in the US received a settlement in a race discrimination lawsuit. When he tried to cash the cheque, the bank called the cops, prompting a second racial discrimination case.

2020-01-23 21:36

Sauntore Thomas, of Detroit, Michigan, sued TCF Bank after it refused to accept cheques he received from a racial discrimination lawsuit.

Couple blows R1,8 million rand accidentally deposited into account

2019-09-09 12:39

A couple was charged with theft after going on a shopping spree with money that was accidentally deposited in their account.

You may soon get credit from TymeBank - and 5 other things to know about Patrice Motsepe's bank

2019-02-28 05:54

It's South Africa’s first majority black-owned bank focused on retail and business banking.

Standard Bank announces secondary listing on JSE competitor

2018-11-08 11:32

Standard Bank will become one of the biggest groups to list on A2X, which provides a secondary listing venue for SA companies.

VBS: SA's biggest bank heist leaves trail of destruction

2018-07-30 14:17

The collapse of the seventh-smallest bank in South Africa has left a trail of destruction, with customers queuing up outside branches before dawn to access their funds.

Bank error makes customer an instant multi-millionaire

2018-03-09 15:25

"Images of a car and a house immediately came to my mind."

FirstRand’s acquisition of UK-bank to help free up funding

2017-11-16 07:00

FirstRand plans to integrate its UK business segment into its acquisition of UK bank Aldemore, which will help free up funding and liquidity capacity of the bank.

How Moody’s rated Discovery for the first time

2017-10-22 17:36

Ratings agency Moody’s has given a first time rating to financial services group Discovery Limited, just a few days after it received approval for a banking licence.

Lack of evidence scuppers credit regulator bid against Finbond

2017-09-04 14:36

The National Consumer Tribunal has dismissed an application by the National Credit Regulator against Finbond Mutual Bank over excessive credit life insurance premiums.


'I told myself it's not my money, yet': This woman saved R23 400 in small change in a year

2020-01-04 08:45

Student Sandisiwe Msomi saved R23 400 in small change over a year, which she will now use to pay for the registration fees of her second academic year.

Discovery Bank closed a gaping credit card security hole on Monday – but says it suffered no fraud

2019-10-14 21:27

We found the flaw in Discovery Bank's system still working on Monday morning.

How the new Discovery Bank’s prices compare to Absa, Standard Bank, Nedbank, and FNB

2019-08-05 08:35

Discovery Bank benefits include up to 75% off on flights, up to 100% off on gym fees, and up to 75% on your spending on 'healthy' groceries.

TymeBank has no monthly fees - here's how it compares to other big banks

2019-02-27 10:46

Newly launched TymeBank promises 50% cheaper banking fees with no physical branches.

Abu Dhabi said to be in talks to form 2 banks in three-way merger

2018-11-01 10:42

Abu Dhabi’s merger of three state-linked banks is set to create two new lenders, according to people with knowledge of the matter.

Nedbank and Capitec pounce as Absa refuses to delete 'black-tax' tweet

2018-06-13 14:21

The bank asked users to vote on what black tax is, with options like "a source of anxiety" and "a financial burden".

Finbond: Lending itself to growth

2018-02-02 09:41

Despite some setbacks, micro-lender Finbond has grown impressively in the 15 years since its founding. CEO Willem van Aardt talks about its journey and about its recent expansion into the US market.

Lending to households and corporates slowed in September - data

2017-10-31 08:46

Private sector credit extension slowed to 5.6% in September, compared to 6% reported in August.

Discovery gets bank licence approval

2017-10-16 09:02

The Registrar of Banks has granted Discovery a banking licence, the JSE-listed company has announced.

SA banks sued for R60bn in home repossession case

2017-08-16 12:22

More than 225 applicants, mostly from Gauteng townships, have launched a suit in the Constitutional Court, claiming damages from the big banks for home repossession abuse.

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