ARTICLES RELATING TO BANKING

MONEY CLINIC: How much can your credit score improve in 3 months?

2019-01-23 10:39

Have a money problem that needs solving? Fin24 can help! This month our focus is on debt. Send your question to editor@fin24.com or find the Money Clinic box on the right of our homepage.

MONEY CLINIC: Bank refuses to unfreeze account

2019-01-21 06:25

Have a money problem that needs solving? Fin24 can help! This month our focus is on debt. Send your question to editor@fin24.com or find the Money Clinic box on the right of our homepage.

Absa strikes alliance for pan-African banking service

2019-01-18 19:51

Absa has formed a partnership with Société Générale for a pan-African wholesale banking service.

FNB clients can save up to R1,500 by getting a 2-for-1 food and entertainment app for free. Here’s how.

2019-01-07 16:28

The Entertainer - a popular app that offers two-for-one specials in South Africa - is now available for free to FNB clients.

China targets smaller lenders in latest shadow banking crackdown

2018-12-31 21:00

China announced plans to regulate financial institutions that have unlicensed operations outside their home base.

Banks just got a crucial deadline extension – which means 'R99 scam' debit orders could be around until November 2020

2018-12-21 06:19

After South Africa moves to the DebiCheck system, unauthorised debit orders should become all but impossible. But the system isn’t quite ready yet, the Reserve Bank says, so rogue debits will remain possible for two more years.

This massively successful South African start-up may list in the US next year

2018-12-04 18:37

Clickatell was started in Cape Town by an optometrist and his twin brother.

Cybersecurity key challenge for actuaries - industry body

2018-12-03 06:00

Actuarial skills are now also sought after in industries like banking, healthcare and mining, which rely heavily on data and systems integrity.

FNB says 'tap and pin' technology at ATMs can reduce transaction time by 20 seconds

2018-11-28 06:15

FNB is rolling out 'tap and pin' technology across 100 of its ATMs, with others to be upgraded in 2019. The bank says the innovation will see transaction time reduced by 20 seconds.

Mozambique banking outage wreaks revenue havoc for business

2018-11-20 10:34

Mozambican companies are facing a collapse in revenue because of an interbank-payments system outage that began last week, according to the country’s biggest business association.

 

MONEY CLINIC: We can't pay our debt

2019-01-22 06:00

Have a money problem that needs solving? Fin24 can help! This month our focus is on debt. Send your question to editor@fin24.com or find the Money Clinic box on the right of our homepage.

Debit order fraud: Banks get more time to fully rollout system to oust scamsters

2019-01-20 12:22

Banks have been given a 12-month extension to fully implement the DebiCheck system which is meant to stem out rogue debit orders.

We tried to join Patrice Motsepe’s new TymeBank – and it didn't go well

2019-01-10 15:13

After an hour of tech failures, we gave up trying to join the low-cost – and supposedly high-tech – new bank. Here's how it went wrong, and why the process is annoying even when the technology works as advertised.

Investors battle to swallow Absa's road to recovery tale

2019-01-02 07:41

By its own admission, Absa is lagging FirstRand, Nedbank and Standard Bank in the average number of products per customer and the loyalty of its clients.

MTN settles with Nigerian central bank on $8.1bn dispute

2018-12-27 11:59

MTN has reached a settlement with the Central Bank of Nigeria on an $8.1bn dispute relating to funds repatriated between 2007 and 2015.

FirstRand takes a leaf from Amazon's book to capture consumers

2018-12-10 08:54

FirstRand is emulating Amazon.com with a digital offering that will span everything from insurance, car license renewals to locating plumbing services as the South African bank chases new revenue sources.

Beware these fiendish credit card tricks hidden in the small print

2018-12-03 15:28

Credit card skimmers are a risk, but the fine print in your credit card contract hides all kinds of traps for the unwary user.

7 things to consider before opening a joint bank account

2018-11-30 06:15

Financial Advisor Lizl Budhram shares seven tips to couples that are considering setting up a joint banking account.

Capitec gets nod to buy Mercantile Bank

2018-11-22 16:41

The Portuguese Council of Ministers has approved the sale by Caixa Geral de Depósitos of its entire stake in Mercantile Bank to Capitec Bank.

Retired Mediclinic CEO appointed to Capitec board

2018-11-16 14:35

Capitec announces that Danie Meintjes has been nominated for appointment to the boards of Capitec and Capitec Bank.

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