WRAP: #StateCapture inquiry: Mosebenzi Zwane made 'threat' about Nedbank's licence

2018-09-19 19:02

Former Mineral Resources Minister Mosebenzi Zwane tried to pressure Nedbank to take on Gupta-linked accounts in an effort to save jobs, the state capture commission has heard.

7 ways banking as we know it could be changing forever

2018-09-14 05:45

Banking as consumers know it, is on the way out – to be replaced by a bold new world of seamless, cardless, cashless financial systems that will change the way people live and transact forever.

Big SA banks stay resilient despite economic headwinds - PwC report

2018-09-10 19:34

PwC's analysis has found that the major banks have continued to spend considerable time and cost on their digital strategies, while enhancing loyalty programmes to attract a greater share of the "customer wallet".

Standard Bank shares fall as MTN Nigeria faces illegal transfer claims

2018-08-30 15:39

The Central Bank of Nigeria alleges that the mobile phone company was involved in illegally transferring funds out of the country, which MTN has denied.

Standard Bank lifts earnings, declares dividend

2018-08-16 12:05

Standard Bank has increased its headline earnings by 4.6% to R12.7bn in the six months ended June 30 and has declared a dividend of R4.30 cents per ordinary share.

REMOVE THE FUSS OF BANKING - WITH APP

2018-08-08 12:00

CONTROL your money by managing finances with your smartphone.

Some SA bank clients can now make payments with their Fitbit and Garmin watches

2018-08-04 08:20

Private banking clients at FNB and RMB can now use their Fitbit and Garmin watches to pay at stores.

You can turn your teller into a pirate, and other cool hacks on Absa’s new WhatsApp banking

2018-08-01 18:41

Here is how you can do your banking on WhatsApp with Absa.

Ex-VBS boss temporarily 'saved' bank to conceal fraud, advocate alleges

2018-08-01 12:05

The former COO of VBS Mutual Bank ensured R18m was paid to the institution to try to solve a liquidation problem, it has been claimed in the Gauteng High Court.

REVEALED: The plans to expand VBS if ‘looting’ wasn’t exposed

2018-07-18 10:31

VBS Mutual Bank was set to further expand to become a commercial bank if those running the organisation had successfully managed to conceal allegations of intense looting.

 

Investec spins off asset-management unit as founders depart

2018-09-14 11:44

Investec is spinning off its asset-management unit after a strategic review found there is little synergy with its banking and wealth and investment divisions.

Absa opens UK office, hopes to profit from post-Brexit trade in Africa

2018-09-13 13:55

The bank says the move will make it easier for UK companies to do business in Africa after the UK leaves the EU.

Absa tried to hit back at Nando’s – and now it is taking pain from competitors about its fees

2018-09-06 17:22

It's now basically a war between banks, triggered by a chicken restaurant.

Five apps to use if you prefer to leave your wallet at home

2018-08-23 15:33

Cardless? Cashless? Just make sure your phone is charged!

How banks can cash in on hidden charges

2018-08-09 21:45

Increased competition may be driving down banking fees overall – but a lack of transparency means businesses may end up paying in other ways.

Absa revenue slightly up, CEO optimistic after Barclays exit

2018-08-06 10:55

Absa raised revenue by 3% to R37bn in the first half of the year, with CEO Maria Ramos saying the banking group was now free to set its own risk appetite following its separation from Barclays.

South Africans may soon be able to pay bills, buy clothes and get flight tickets through WhatsApp - here’s how it’ll work

2018-08-02 13:09

Absa was the first South African bank to launch a WhatsApp banking service.

Join the self-service banking age

2018-08-01 14:30

Skip the queues and make use of the ultra-convenient banking perks

We tried a new FNB kiosk that uses fingerprint technology. Here's how it works

2018-07-21 09:27

The machine can do everything except give out cash.

Hundreds of VBS clients already have new bank accounts, but no 'stampede' - Nedbank

2018-07-16 19:00

There has been no "stampede" of VBS customers trying to withdraw money, the divisional executive for retail and business banking at Nedbank tells Fin24.

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