MWC cancelled over Covid-19 fears

MWC cancelled over Covid-19 fears

In an unprecedented move, Mobile World Congress 2020 has been cancelled as concerns over the Covid-19 epidemic rise. The GSMA has issued the following statement: “Since the first edition of Mobile World Congress in Barcelona in 2006, the GSMA has convened the...

Nedbank warns of data breach

Nedbank has issued a warning to its customers about a data breach at one of its service providers that may have compromised personal details of about 1,7-million clients. In a statement today, the bank says it has investigated a data security issue that occurred at...
SA lovers splash out for Valentine’s Day

SA lovers splash out for Valentine’s Day

A new study of card transactions has revealed that South Africa’s ‘love economy’ continues to grow, with Valentine’s Day spend up 11% and the overall number of transactions increasing by 36% over the past three years. This is according to the...

2020 gets off to an eventful start …

It’s fair to say this year has already gotten off to an eventful start, with the South African Reserve Bank (SARB) unexpectedly cutting the repo rate by 25 basis points to 6,25%, while lowering 2020 economic growth projections down from 1,4% to 1,2%. Of the...

Innovation drives SA banking inclusion

Innovation in banking is driving up transaction activity, according to the BankservAfrica Economic Transaction Index (BETI) for January 2020. “Rapid transformations in banking in South Africa are benefitting customers who are at the receiving end of improved...

Valentine’s and chocolate don’t always equal love …

With Valentine’s Day approaching, lovers around the world are working on finding the best way to celebrate with their loved ones. Meanwhile, cyber criminals around the world also seem to be caught up in the spirit of this unique day. Over the past two years,...