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.
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 <b>Teigue Payne</b>.
I want to consolidate my debt and apply for a home loan. How do I go about doing it?
When selecting your account you need to decide what you want from your bank.
Avoiding Saswitch fees will cut your banking costs.
A new banking experience is opening up for Capitec’s clients: read the Sunday papers, take in a movie and — go to the bank?
South African consumers are increasingly opting for longer vehicle loan monthly repayment periods in order to afford new cars.
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/ 22 February 2011
If you bank with Capitec, you’ll pay the same rates to transact as you did in 2010.
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/ 25 November 2010
Earlier this year we saw FNB challenge Capitec with a new bank offering that looked suspiciously similar to Capitec’s offering.
FNB emerges as the cheapest of the big four on the back of an aggressive marketing campaign.
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/ 12 November 2010
The banking fee battle continues as FNB brings out aggressive campaigns.
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/ 8 November 2010
As bank customers, we’re not as loyal as we used to be — we’re guided by price and we’re not afraid to shop around.
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/ 19 October 2010
Does it make financial sense to opt for a single account for your mortgage, credit card and day-to-day banking?
The fact that Ubank is owned by workers will go down well in a world tired of financial greed, but does its offering deliver value?
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/ 22 September 2010
According to ThinkMoney subscribers, banks that innovate are ayoba.
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/ 21 September 2010
Absa customers are about to join the global contactless-card revolution, allowing card holders to "tap and go", rather than swipe and sign.
Be careful when paying with your credit card over the internet as your bank is not liable if you deal with a non-reputable vendor.
With all the reports of fraud and criminal syndicates, we are becoming nervous about using our cards. But are we overreacting?