Tag: mobile banking
AI and the unbanked
Africa's financial sector is undergoing a digital transformation. This transformation is driven by advancements in Artificial Intelligence (AI) and mobile technology. Despite the notable progress in mobile banking and fintech, the continent faces a significant financial inclusion gap.
SURVEY | Signifying opportunities & challenges for the banking sector
While the African banking market has seen withdrawal of global banks over the last 5 years, the opportunity for localised banking has seen the opposite, driven by the expansion of African banking groups into the continent, led mostly by South African, West African, and Northern African banks.
REPORT | Partnerships can enable the growth of super-apps
The digital transformation of business and society has found fertile ground with early promise for the super-app model, specifically in the Middle East and Africa, even as mobile digital platforms continue to offer proprietary and third-party functions under a single brand.
Standard Bank EasyScan for Pick n Pay – enables fast, easy...
Standard Bank and Pick n Pay customers’ shopping experience has just become even more convenient, easy, and safe, through the Standard Bank’s EasyScan – a service that enables customers to pay for their shopping using the Standard Bank Mobile Banking app.
Remain extra vigilant during these trying times
South Africa is in the middle of one of the most trying times in the country’s history. Unemployment was on the rise which will only worsen in the aftermath of the current situation. In addition, tensions are boiling over turning into violent acts and destruction which are currently disrupting society. This includes bank ATM’s and branches.
Fraud management during a pandemic
Being nimble and awake to the rapid changes occurring to bank fraud will be essential. History tells us that things like natural disasters, times of economic instability, and fears of recession or unemployment provide the perfect environment for increased fraud and financial crime.
Cloud and clear – how ready is the banking industry for...
Digital disruption has clearly hit the banking industry hard across the globe. The first decade of the 21st century initiated enormous change in the way financial institutions operate and this has only accelerated over the years leading up to the current 4th Industrial Revolution (4IR).
Understanding the evolving payments landscape
Digital and mobile technology is continually evolving and advancing, creating new ways to pay; from mobile wallets to peer-to-peer to digital currency, the modern payments landscape has evolved past simply cards and cash. Consumers, eager to adopt these new ways to pay, are changing their purchasing habits to meet these emerging methods.
2018 annual crime stats
SABRIC, on behalf of the banking industry has released its annual crime stats for 2018. We are concerned about some of the increases, which clearly reflect that criminals will take every opportunity to get their hands on bank customers’ money.