SA banks feel the regulatory pressure

The heat has been turned up on capital and liquidity requirements, systemic risk, conduct and supervision over the last five years in the EMA region and this is reflective of the similar pressures in South Africa and many of the countries in the rest of Africa. These...

Enterprise tech key to banks’ survival

The next era of banking will involve heightened complexity, uncertainty and competition, as banks face threats from new players – including companies in areas like software, social media and telecoms. To combat these challenges and remain relevant, and to make the...

MasterCard offers remittance services in Zim

MasterCard has announced a partnership with the Zimbabwean Steward Bank which will make remittance services available to the bank’s more than 1,5-million account holders. For the first time, the bank’s customers will be able to receive funds sent by family and friends...

Banking will become increasingly mobile

This year will see an increased demand for digital banking products as customers choose to interact with their banks through mainly digital channels. This is according to Tjaart van der Walt, MD of GSM mobile technology company, TruTeq Wireless. TruTeq Wireless is the...

Big data filters into banking

In the era of information, the bank with the most actionable insights is the winner. The age of “big data” has begun to slowly filter through into the banking environment, with banks being able to design customer-centric solutions using statistical models and...