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General Banking News

 

General Banking News / 02-09-24 / Tommy Jackson

BIS appoints Frank Smets as Deputy Head of the Monetary and Economic Unit

"Mr Frank Smets joins the BIS from the European Central Bank, where he is Adviser to the Executive Board. Previously he was Director General of Economics, Adviser to the President of the ECB and Director General of Research at the ECB. He started…

General Banking News / 02-09-24 / Shelly Nxumalo

Remain vigilant in the face of increased banking scams urges the SAFPS

"This is not uncommon. Scammers generally tend to be more active during periods of increased consumer activity. It is essential to know how to spot a scam and what measures you have available to prevent you from becoming a victim," warns Roy…

General Banking News / 21-08-24 / Daniel Nkosi

Standard Chartered and WomHub launch 2nd Women in Tech Incubator Programme

"Promoting gender diversity and female leadership in technology is essential for driving economic growth and sparking innovation. At Standard Chartered, our Women in Tech Incubator Programme is not just a commitment - it’s a real effort to empower…

General Banking News / 20-08-24 / Sisanda Ndlovu

FNB announces appointment of new Chief Information Officer

“La-Cell has been an integral part of our digital transformation. Over the past 23 years, he has helped deliver some of the most innovative products and services that have helped propel FNB beyond banking, while at the same time driving capability…

General Banking News / 02-08-24 / Tommy Jackson

Cyberattacks on third parties raise risks for SA Financial Services

"These forecasts highlight how cybercrime has rapidly become 'Big Business' across the world. Today's threat actors are not just scammers trying their luck but include highly organised cybercrime syndicates, well-funded state-sponsored cybergangs…

General Banking News / 02-08-24 / Staff Writer

Rising demand for cryptocurrency understanding and security in SA

"There is an obvious need for comprehensive educational campaigns to demystify cryptocurrencies. Industry stakeholders should collaborate to create accessible, easy-to-understand resources that can help bridge the knowledge gap. Educational…

General Banking News / 22-07-24 / Daniel Nkosi

Nedbank employees help address critical social issues through volunteerism

"Our commitment goes beyond simply taking employees out for a day of service,’ he explained. ‘We're fostering a culture of volunteerism that connects directly to critical issues affecting millions of South Africans, such as food insecurity,…

General Banking News / 19-07-24 / Daniel Nkosi

Africanbank wins big at Top Empowerment Awards

"At Africanbank, we believe that true empowerment goes beyond financial support; it encompasses the holistic development of individuals and communities. Our focus on education, skills development and inclusive practices ensures that we are not…

General Banking News / 18-07-24 / Daniel Nkosi

FSB consults on cross-border payment recommendations related to data flows

The FSB's recommendations aim to address identified frictions from data frameworks that pose significant challenges to improving the cost, speed, transparency and accessibility of cross-border payments, while maintaining their safety and security…

General Banking News / 17-07-24 / Daniel Nkosi

SA workers are embracing generative AI, but still fear for their futures

"The report also revealed that 96% of the roughly 25,000 workers surveyed believe generative AI can enhance their job performance, including a sizable percentage in South Africa.," says Prejlin Naidoo, Partner, CMT, Oliver Wyman.

General Banking News / 11-07-24 / Garry Khumalo

BIS announces Secretary General and Innovation Hub leadership appointments

In her new role, Ms Sani will head the General Secretariat, one of the Bank's four main departments. As a member of the Bank's Executive Committee, she will play a key role contributing to the general management of the BIS and will have responsibility…