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...
What G20 payment reforms could mean for SA’s international money transfer industry
South Africa took on the presidency of the G20 in 2025 with six headline priorities. By Harry Scherzer, CEO of Future Forex Alongside debt sustainability for low-income countries, mobilising finance for a just energy transition, food security, disaster resilience, and...
Absa partners with Ripple to expand digital asset custody
Absa Bank has announced a strategic partnership with Ripple to provide digital asset custody to its customers in South Africa. Through the partnership, Absa will leverage Ripple’s institutional-grade digital asset custody technology to deliver scalable and secure...
Financial services need to balance agility with compliance in the cloud
For financial institutions, the cloud has moved beyond experimentation. It is now a strategic imperative, underpinning everything from digital banking to real-time analytics. Yet in today’s regulatory and risk-conscious environment, the question is no longer whether...
Digital payment solutions fuel spaza shop success
The township economy is one of South Africa’s strongest economic lifelines. At its centre are spaza shops - small, often family-run businesses that keep millions of households stocked with daily essentials. Yet many of these shops still rely on cash-only systems. The...
AI agents are shaking up financial trading
For years in financial services the application of natural language processing (NLP), and more recently with large language models (LLMs), has largely centered on quick insights derived from sentiment analysis or trend following. By Richard Harmon, vice-president:...