Capitec launches money-themed mobile game

Capitec Bank has launched an immersive new mobile game called Livin’ it Up. The game allows users to test their money skills in a virtual world, while picking up tips for real life. Users play as different characters, all trying to achieve typical financial goals...

Traction for Standard Bank’s 3-minute loan

Standard Bank has seen significant uptake of its new three-minute loan, with R260-million worth of loans issued to small and medium-sized enterprises (SMEs). The loan capability, which is purely online, allows business owners to apply for and receive funds of up to...

Nedbank payment systems cope with Black Friday traffic

The Black Friday phenomenon has well and truly taken hold in South Africa, as demonstrated by the increase in payment transactions processed by the country’s banks in 2019, compared to the same Black Friday period in 2018. Mpho Sadiki, executive: card, payments...

New Open Banking APIs tested

Breaking new ground in the way banks and third parties collaborate, Digiata put the new Nedbank Open Banking APIs to the test. By Johan Kühn, Director at Digiata At Digiata, we pride ourselves on our curiosity and love of problem-solving, and our ability to embrace...

Financial inclusion is on Africa’s agenda

A year since launching, South Africa’s inexpensive and convenient QR cash card and micro transaction platform uKheshe has reached more than 300 000 users. Clayton Hayward, co-founder and CEO of uKheshe, says that the first year has exceeded all expectations....

uKheshe, Mastercard enable mobile payments for the unbanked

uKheshe, a locally developed financial inclusion platform, is collaborating with Mastercard to enable informal traders, street vendors and casual labourers to accept digital payments through Masterpass, Mastercard’s digital payment service. By combining their...