Category: <span>Banking</span>

As AI reshapes investing and advisory roles, WMI targets 21,000 enrolments in practical, role-specific AI training for wealth and asset management professionals over three years. Investors and advisers must learn to work effectively with artificial intelligence (AI) to remain competitive as the technology transforms decision-making and makes sophisticated capabilities broadly accessible, Mr Ray Dalio said...

Oracle Financial Services expanded its financial crime and compliance management portfolio with the availability of Oracle Nexus Case Flow and Oracle Nexus Reach for financial crime investigations. The solutions deliver new agentic AI capabilities that enable financial institutions to more easily manage the growing volume of alerts and cases while better controlling compliance costs and investigative capacity. With agentic capabilities built...

Companies avoid a lot of headaches when a trusted third-party manages their executive remuneration. Modern payroll platforms help organisations manage transparency and reduce complexity. Enterprises are now using these technology improvements to separate and derisk highly sensitive executive payroll management through outsourcing. The majority of enterprises have consolidated their payroll systems onto integrated, technology-enabled platforms...

GoTyme Bank chief executive officer Cheslyn Jacobs believes customers should not have to pay a premium to access their money immediately, challenging conventional approaches to banking fees and payment speeds. In an interview with BizCommunity recently, the publication asked: GoTyme Bank has experienced rapid growth since entering the market. What does this growth reveal about...

Stanchion Payments has announced the appointment of Carlin Wicomb as Regional Managing Director: Africa. Carlin brings over 15 years of experience in payments and fintech throughout Africa and emerging markets, combining deep technical expertise with a strong track record in commercial leadership. Given the company’s ambitious expansion plans, Carlin’s experience in building and scaling operations...

Africa’s largest telecoms operator MTN Group is exploring banking licences in select markets as the company looks to expand lending from its own balance sheet, CEO Ralph Mupita said on Tuesday, 25 August. MTN is stepping up its push into fintech services to drive growth beyond traditional telecommunications revenue, with lending emerging as one of...

JSE-listed fintech Lesaka Technologies is rebranding Kazang Insights as Lesaka Data & Insights as part of the consolidation of its merchant-based businesses under the name of Lesaka Merchant Division. Formed through Lesaka’s 2024 acquisition of Touchsides from Heineken International, Lesaka Data & Insights now operates as a neutral data and insights partner to FMCG brands,...

How to avoid vendors that want to sell software over helping you build customer relationships. Payroll and HR solutions are natural extensions of selling business and IT services. You might not be a payroll or HR specialist, but all your clients rely on those disciplines to keep their organisational wheels greased. Many of them are...

South Africa’s largest bank by customers has officially changed its name from Capitec Bank Holdings to Capitec Limited. The resolution for this name change was approved by shareholders at the bank’s Annual General Meeting (AGM) on Friday, 31 July 2026. It has been filed with the Companies and Intellectual Property Commission, and Capitec has received...

Flutterwave, Africa’s most valuable fintech company, is in the process of acquiring a bank in East Africa, Chief Executive and co-founder Olugbenga Agboola said, as the Nigerian payments company accelerates its expansion into banking services. “We are currently acquiring another bank, in another country,” Agboola said. He did not disclose the identity of the target institution...