Momentum reports R2.5 billion retirement fund outflows amid strong earnings
Momentum Group has reportedly experienced R2.5 billion in outflows from retirement funds since implementing South Africa's two-pot retirement system in September 2024. The company...
Surge in contactless payments in SA driven by digital wallet adoption
Standard Bank has reported a significant increase in contactless payments which now account for the majority of its customer transactions. The bank’s contactless payments...
FNB named best digital bank in South Africa’s 2024 SITEisfaction Survey
Human8 has released its 13th annual SITEisfaction survey evaluating customer satisfaction in South Africa's digital banking sector. FNB has been named the best digital...
Standard Bank expands UCount Rewards with Double Fuel Rewards
Standard Bank has enhanced its UCount Rewards programme, offering more ways for members to earn tiering points as of July 2024. According to the...
Car guards embrace cashless payments with Street Wallet
Car guards in South Africa are increasingly adopting digital payment solutions like Street Wallet, enabling customers to tip car guards using various methods, including...
Sanlam and Sanparks expand SMME support to Garden Route and Addo Parks
Sanlam and South African National Parks (SanParks) are expanding their SMME Support Programme to include the Garden Route and Addo Elephant National Parks, following...
OUTsurance reports 20.3% earnings growth, driven by strong performance in SA
OUTsurance Group has reported that its normalised earnings for the year ended June 2024 increased by 20.3% to R3.5 billion, driven by strong operational...
Discovery Health announces medical aid increases and new Gen Z plan
Discovery Health has announced that it will be raising medical aid prices by an average of 9.3% in 2025, citing rising healthcare costs, medical...
Happy Pay raises R32 million in funding and reaches 150 000 users in South...
South African fintech company Happy Pay has secured R32 million in pre-seed funding to expand its buy-now-pay-later (BNPL) services in the country. Key investors...
Huawei and Standard Bank partner to accelerate digital finance
Huawei and Standard Bank have signed a strategic cooperation agreement aimed at accelerating digital transformation in the local financial sector. The partnership will see...