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.

Banking made easy

2018-07-03 15:33

We can help you get the most out of your banking experience – and keep your money safe

Capitec, consumer watchdog to 'clean up' unsecured lending industry - CEO

2018-06-29 20:46

Consumer watchdog Summit has withdrawn all assisted and initiated court and National Credit Regulator cases it brought against Capitec.

FNB narrowly beats Capitec for top spot in digital banking survey

2018-06-25 19:00

FNB came out tops as SA's best digital bank, according to the latest annual SITEisfaction report by insights agency Columinate.

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".

Deutsche Bank cuts SA units as part of global review

2018-06-04 21:00

Frankfurt-based Deutsche Bank will terminate its advisory, corporate-broking and sponsor-services units in South Africa over the next six months, according to an emailed response to questions.

Two state-owned Chinese banks are neck-and-neck with Capitec as they race to catch up to SA's big 5

2018-05-29 17:09

A Reserve Bank report on banks' assets shows Capitec is creeping up on Investec, SA's 5th biggest bank, thanks to massive growth in 2017. But the Johannesburg branch of Bank of China grew faster still.

Capitec slams Viceroy over 'emotive' public campaign

2018-05-24 18:57

Capitec has issued a statement in response to Viceroy's latest jab, condemning the short-seller for starting with a "strongly-worded" and "emotive" public campaign that let misunderstandings fester.

Capitec broadens its horizons with funeral plan offering

2018-05-21 17:30

Capitec Bank is entering the insurance market with a funeral product positioned to offer affordable and flexible insurance for the South African market.

 

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.

This bank will give you a R1 million salary to work on your side-hustle full time for a year

2018-07-10 06:32

After a series of bootcamps over six weeks, the winner will be selected – and get a year to make a side-hustle into a business while Standard Bank pays the bills.

S&P raises Capitec, African Bank's national rating

2018-07-03 12:46

Standard and Poor’s has raised Capitec and African Bank's national scale credit rating after revising its mapping table for South Africa and financial institutions.

Digital banking fraud in SA at all-time high - report

2018-06-25 19:57

There’s been a steady increase in digital banking fraud in SA over the last four years, according to the SITEisfaction report by insights agency Columinate.

Women-owned SA bank joins entrants tackling the big five

2018-06-14 16:02

After more than a decade of South Africa’s biggest banks not having to face fresh competition, new rivals are stacking up.

Bruce Hemphill steps down from Nedbank board amid Nedbank-Old Mutual separation

2018-06-06 18:15

Old Mutual and Nedbank have made a new move in their managed separation strategy, with Bruce Hemphill stepping down from the Nedbank Group board.

African Bank's operating profits up 42%

2018-05-30 11:55

African Bank's operating profits have lifted by 42% in the six months ended March 31, thanks to lower credit impairment and better collection methods.

Reserve Bank fines two banks R77.5m

2018-05-29 09:09

The South African Reserve Bank fined China Construction Bank and VBS Mutual Bank a combined R77.5m for failure to comply with the Financial Intelligence Centre Act.

Barclays has reportedly 'kicked around' the idea of merging with Standard Chartered

2018-05-23 18:09

The possible deal is one plan being considered to ward off the activist investor Edward Bramson, who has built a 5.4% stake in Barclays. Neither side has issued statements to shareholders, suggesting no serious talks have taken place.

Banks in talks with Sassa over social grants payments

2018-05-18 16:18

Banks are talks with the South African Social Security Agency (Sassa) to find a solution for the distribution of grants.

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