Mukuru and Travelex expands cash payout options in SA
Mukuru has partnered with Travelex to expand cash payout options for remittance customers across South Africa. The partnership introduces Travelex as an additional payout channel within the Mukuru network. Customers can now access funds at any of Travelex's 46...
Tsedey Bank transforms from microfinance to modern commercial banking
Tsedey Bank has selected the Nutanix Cloud Platform to modernise its banking infrastructure as part of its transformation from a microfinance institution to a fully licensed commercial bank. After 25 years operating as the Amhara Credit and Savings Institute (ACSI),...
Cloud maturity will define if insurers can compete in the AI era
South Africa’s insurance sector is entering a critical inflexion point, with Deloitte’s view being that that AI ambition across the industry will stall unless insurers accelerate cloud modernisation at the same time as their AI strategies are being implemented. The...
Will AI disrupt the payments industry in 2026?
By 2026, nearly every payment in South Africa will touch artificial intelligence in some way, but not every provider will keep up. Izak van Heerden, senior manager: development at Altron FinTech In reality, AI isn’t coming for payments, it’s already running them. The...
Kazang, TymeBank expand access to working capital for tavern owners
Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has partnered with South Africa’s leading digital bank, TymeBank, to provide flexible working capital advances to licensed taverns and liquor...
Super Money SA launches bank-backed rand stablecoin
Super Money SA has launched ZAR Supercoin, a new stablecoin for South Africa and the wider African market. Licensed by the Financial Sector Conduct Authority (FSCA) and backed by rand reserves held in segregated accounts at Absa Group, ZAR Supercoin allows users to...
Mastercard and FNB launch Globba for cross-border payments
Mastercard, in collaboration with FNB, today announced the launch of Globba™, a next-generation cross-border payments solution powered by Mastercard Move that simplifies and secures how South Africans send money abroad. Available through the FNB and RMB Private...
Tokenisation of securities a strategic evolution
The convergence of blockchain technology with traditional financial markets is no longer speculative - it is a structural shift redefining how investors access, trade, and interact with listed securities. By Dr Wiehann Olivier, partner and fintech and digital asset...
Smart regulation could unlock SA’s payment revolution
While the South African Reserve Bank's (SARB's) decision to embark on an inclusive robust review of the National Payment System (NPS) to allow non-banks and fintech’s into the ecosystem is a game changer, we must be cautious not to overregulate as this may...
FNB and Visa renew partnership
FNB and Visa have renewed its partnership, reinforcing a relationship that has helped South Africans and customers across Africa pay and get paid more easily, for more than 55 years. The partnership has played a key role in shaping payments in South Africa. The...
The future of cards in the digital-first era
From swipes to digital wallets, virtual cards, contactless taps, and wearables - cards have maintained their dominance through constant reinvention. But as global technology and market forces accelerate change, the future of cards is one to look forward to, writes...
Mukuru and Jumo partner on AI powered credit solution
Mukuru has partnered with AI-powered banking technology provider Jumo to launch ‘Fast Loan’, a scalable, mobile-first credit solution designed to address a critical gap in South Africa’s financial ecosystem. According to TransUnion, 16,8-million people in South Africa...