Online home loan applications enhanced

Nedbank announced significant enhancements to its online home loans channel, South Africa’s first fully automated online application process aimed at simplifying and improving the experience of our clients. ‘These enhancements mean that our clients can now...

Practical tech solutions key to SMME growth

Mercantile Bank has taken its eBureau online portal, which is custom designed for bulk payment and collection processing, and packaged it in a way that business owners can simply plug their own financial systems into the system.The eBureau systems can help simplify...

Accessible banking is key in Africa

Nedbank launches Send-iMali, a cost-effective way to send money to anyone, even if they do not have a bank account. In its continuing commitment to making banking more accessible to all, Nedbank has launched Send-iMali, a cost-effective way to send money. Send-iMali...

MasterCard launches MasterPass in SA

South Africans will now benefit from a more seamless, speedy and secure online shopping checkout with the launch of the innovative MasterCard digital service, MasterPass. MasterPass enables consumers to make convenient, simple, fast and secure digital payments....

Multi-currency facilities on Cash Passport

MasterCard’s Multi-currency Cash Passport, a prepaid chip and PIN-protected travel card, is now available from 54 American Express Foreign Exchange bureaux countrywide. As the only product of its kind in South Africa that can be preloaded with up to four...

PCI compliance combats credit fraud

The latest statistics from the South African Banking Risk Information Centre (Sabric) revealed that South Africa’s banking industry lost R366,8-million in 2013 due to South African-issued credit card fraud – a 22% increase from the previous year. This alarming...