B2B Central

Banking

26 Mar 2019

Discovery Bank charts a new path for consumer value in banking

By Janice Roberts

Following the successful completion of an intensive beta programme with staff, Discovery Bank has entered a new phase of a carefully managed and gradual process of on-boarding existing Discovery Card clients. This phased migration process will transition Discovery Bank card clients to the full-service banking platform, marking the start of Discovery Bank operations to the...
26 Feb 2019

Financial Services comes last in trust in latest global barometer

By Janice Roberts

The financial services industry was once again the least trusted sector in the annual Edelman Trust Barometer, which has been measuring trust in business, NGOs, government and the media for the last 19 years. The report is published by Edelman Intelligence, a global insight and analytics consultancy.
22 Feb 2019

FNB cracks down on rogue debit order fraud

By Janice Roberts

FNB has detected abnormally high volumes and disputes of suspicious debit orders with descriptors Procall and Mzansi in December 2018 and January 2019.
29 Jan 2019

PPS and Standard Bank partner on launching the PPS Platinum Credit Card

By Janice Roberts

Using credit now and gaining long-term financial benefits may seem like worlds apart. That’s about to change.
23 Jan 2019

Is South Africa ready for a state-owned bank?

By Janice Roberts

Author: Chantel van Zyl, Senior Associate and Rui Lopes, Associate, Banking & Finance Practice Group, Baker McKenzie Johannesburg.
16 Nov 2018

Optimism for return to growth for SA banking sector

By Janice Roberts

  By Qaqambile Dwayi,  Analyst – SA Banks, and  Larissa van Deventer, Analyst – SA Insurance, Mazi Macquarie Securities. We are modestly optimistic for a return in growth for the banking sector in SA but expect promising growth in Africa to be a differentiating factor for valuations in the next year. We forecast loan growth alongside...
13 Nov 2018

Investec wins again at 2018 Global Private Banking Awards

By Janice Roberts

For an unprecedented sixth year in a row, Investec was named the best Private Bank and Wealth Manager in South Africa at the prestigious 2018 Global Private Banking Awards hosted by the Financial Times of London.
12 Nov 2018

Short-term Bank Deposit Complaints – the FAIS Ombud can help!

By Janice Roberts

As a result of the introduction of the Financial Sector Regulation Act on April 1 of this year, the FSCA is now more than ever dedicated to regulating market conduct across all financial institutions in South Africa, the FAIS Ombud says in a statement published today.
09 Nov 2018

Standard Bank launches internet banking in Chinese

By Janice Roberts

Successfully pilots in Angola October 2018, rest of continent to follow in 2019. Standard Bank has successfully launched its first Chinese internet banking site in Angola.
30 Oct 2018

Bank Zero starts first trial runs

By Janice Roberts

Bank Zero Mutual Bank – which is more than 45% black-owned and 20% women-owned – was granted their licence, has integrated with the national payments systems of the South African Reserve Bank, and is currently Alpha testing their App-driven bank.
09 Oct 2018

Correctly declare expenses in a home loan application

By Janice Roberts

Consumers who fail to correctly declare expenses when completing a bond application may limit their chances of getting the best home loan deal possible. 
25 Sep 2018

Philanthropy: Wealthy people across Africa set their hearts on giving more to training and education

By Janice Roberts

Job creation, training and education rank as the leading causes wealthy Africans are striving to support, according to the 2018 Wealth Report published by Knight Frank, Standard Bank Wealth and Investment’s global property consulting partner.