Tag Archivesbanking


Sasfin launches B\\YOND – the digital banking future for business

Sasfin recently launched B\\YOND, a digital banking platform built to enable entrepreneurs to grow their businesses. Having financed and supported small business for 50 years, Sasfin understands the pain-points and pressures that small business faces in South Africa. Failed small businesses so often tend to either neglect or become completely consumed by their finances and […]

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Growing pile of money

Banking customers’ expectations higher than ever before – SAcsi 2017 Survey

The latest South African Customer Satisfaction Index (SAcsi) for Banking, conducted by Consulta in Q4 2017, reveals that Capitec continues to lead with the most satisfied customers. (more…)

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How to get on top of dubious debit orders

As March is Consumer Awareness Month it’s a great time to turn information into knowledge. Start by checking your bank statement and make sure that you understand all the transactions. Make sure you authorised all the debit transactions that reflect as minus numbers. (more…)

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FirstRand: Interim dividend per ordinary share up 9%

FirstRand Limited (FirstRand) today reported results for the six months to December 2017. Key financial highlights: Normalised earnings grew 7% Dividend per ordinary share up 9% Normalised return on equity (ROE) of 5% Normalised net asset per share (NAV) up 9% (more…)

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Mark Lindhiem, Head of Strategy at Alexander Forbes Investments

Fintech disruption in asset management

Increasingly we are hearing about technology-led developments in the South African fund/asset management space with the publicity around robo-advisers, a class of financial adviser providing digital financial advice based on algorithms, with moderate to minimal human intervention. However, not much has been written about the actual management of money through AI and machine learning, certainly in the […]

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New bank to be launched in SA

Bank Zero has been granted a provisional licence after a rigorous in-depth evaluation process by the South African Reserve Bank. The 45% black-owned bank is set to launch in the fourth quarter of 2018. (more…)

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FNB on online banking misconceptions

Overcoming reluctance to digital banking channels

Despite a 33% increase in the number of customers using the FNB Banking App, who earn less than R300 000 per annum, some customers in this segment are still reluctant to take advantage of digital banking channels due to certain barriers and misconceptions. (more…)

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Pierre Swart1

Impact of surprise interest rate cut

In a move that surprised many economists, the South African Reserve Bank announced a cut in the repo rate from 7% to 6.75% last week. (more…)

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