Mar 14, 2023
Banking, like many other sectors, has responded to rapid change and evolving customer needs by developing a digital strategy. Banks in South Africa are increasingly using new technologies, digital solutions and data analytics to reimagine and enhance customer service...
Mar 14, 2023
The financial services sector is currently experiencing a period of significant change and uncertainty, as central banks continue to battle rising inflation and interest rate increases. By Morné Fischer, founder and MD of xSMTHS At the same time, the Covid pandemic...
Mar 7, 2023
According to a study by McKinsey & Company, digital financial services will potentially provide access to financial services for 1,6-billion people in emerging economies by 2025. By Andrew Weinberg, CEO of the Akelo Group The study found that these developments...
Mar 3, 2023
In the second half of 2022, the South African Reserve Bank (SARB) announced it has its sights set on stricter regulations for the South African payments ecosystem “to ensure financial stability in a world of increasingly innovative and disruptive...
Mar 1, 2023
In the 2023 Budget Report, it was revealed that there has been a marked increase in cyber-attacks against financial institutions, the implications of which include business disruption, lost productivity, legal repercussions, and lasting financial consequences....
Feb 17, 2023
South Africa could experience some turbulence in 2023 due to high levels of inflation and the Reserve Bank being unlikely to move away from its rate hike cycle – including the most recent increase of 25 basis points – overall leading to a rather bearish...