The big four banks have managed to grow earnings impressively, but enormous challenges remain as SA's economic outlook continues to deteriorate.
The formal banking systems are still not serving, or are underserving, all South Africans.
South African women are more money-savvy than they used to be with more bank accounts than men, but they still earn less than their male counterparts.
The Basel III global reforms to strengthen bank supervision and regulation are kicking in, affecting how finance can operate elsewhere in Africa.
Online retail giant Alibaba is launching MYbank, an online lender, and Chinese banks are pushing back with online malls.
No longer is schmoozing over long lunches and fine wines enough; Swiss private bankers are turning to video games to see off digital rivals.
Cuba has found a Florida bank to handle its business in Washington, removing the last impediment to conducting financial transactions in the US.
Banks issued bail-in bonds hoping pension funds would buy them, but hedge funds, private banks and retail investors have snapped them up.
Unconventional monetary policy is often assumed to benefit banks, say IMF economists, however, there is evidence for heightened medium-term risks.
Despite causing the crash, the high priests of economics have never faced retribution and the same flawed theories are still taught in universities.
South Africa's banking and cellphone giants are in a battle to reach the 11-million people in the country with no bank accounts.
The battle by SA banks for the hearts and wallets of the consumer remains a priority, as financial institutions work to increase their reach.
Absa and Investec have both finally launched banking apps in the last two weeks – and both have taken a narrow view of the market.
The South Dakota School of Mines & Technology and Nexus USA have partnered on a biometrics programme, which may one day lead to a cashless society.
The average value of cash withdrawals across more than 1 500 ATMs throughout South Africa grew 6.77% year on year for June.
South African banks say that a bid to bolster basic human rights by reinterpreting the National Credit Act could endanger the entire credit industry.
Restructuring at Absa by the bank's global parent Barclays has seen the loss of senior managers and rattled the market.
Cross-border transactions and cellphone-enabled cash transfers are set to simplify banking in South Africa.
The main obstacle to moving accounts is the inconvenience, writes Teigue Payne.