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Retail Banking

 

Retail Banking / 10-04-25 / Shelly Nxumalo

Discovery Bank SpendTrend25: South Africans still feeling the pressure

"Our latest comprehensive report identifies shifts in financial behaviour for practical insights into how much people spent, what they spent on, and how they spent it. We've also supplemented the quantitative analyses with detailed consumer…

Retail Banking / 09-04-25 / Daniel Nkosi

More South Africans are using credit cards frequently

"We’re seeing more customers using their credit cards as their primary transactional accounts rather than just as a credit facility. Instead of reserving them for big-ticket purchases, they are using their credit cards to earn rewards and build…

Retail Banking / 09-04-25 / Duty Editor

PalmPay unveils new debit card in Nigeria with Verve

"With the PalmPay Debit Card, we are expanding our ecosystem and enabling our users to pay and earn rewards at even more touch points, including across offline and online commerce." says Sofia Zab, Chief Marketing Officer at PalmPay.

Retail Banking / 02-04-25 / Shelly Nxumalo

Bank Zero partners with Green Riders to power job creation

"The company is committed to contributing to the local economy and environment while creating thousands of jobs. However, high banking costs and complexity present significant challenges, diverting valuable resources," explains Bank Zero CEO…

Retail Banking / 27-03-25 / Kwanele Sibanda

Discovery Bank making banking more intelligent, personalised, and secure

"We see a future where banks connect seamlessly with every aspect of a client's life – their health, finances, lifestyle, and aspirations. In this product release, we're enhancing our offering in five key areas to achieve this vision: financial…

Retail Banking / 27-03-25 / Shelly Nxumalo

Standard Bank offers new green financing initiative for new home loans

Clive Spitz, Head Climate Solutions at Standard Bank Personal and Private Banking, emphasizes the Bank’s responsibility in helping drive a change toward a greener Home Loan Book by unlocking opportunities for a broader segment of SA home buyers…

Retail Banking / 26-03-25 / Chris Smit

SA lenders adopted prudent risk strategies to drive growth in Q4 2024

"Lenders who are sustaining growth and profitability are drawing on enhanced risk attributes to stimulate a greater share of spend and wallet by identifying consumers who are likely to use credit lines judiciously," said Lee Naik, CEO of TransUnion…

Retail Banking / 13-03-25 / Shelly Nxumalo

African Bank marks historic milestone in its 50th Year

"Brand  Finance has been producing rankings globally for over thirty years and in South Africa since 2013. Arguably the main drivers of growth of a country are its top brands. Brands that are sought after create jobs, make a profit, pay taxes,…

Retail Banking / 25-02-25 / Jane Khumalo

Jewelers, luxury goods, florists win big this February

“While customers spent more overall, many opted for lower-ticket value items. But there were some eye-popping transactions which show that some people take gifting very seriously during this time,” says Tumelo Ramugondo, Head of Credit at Standard…

Retail Banking / 12-02-25 / Oscar Siziba

Oscar Siziba | 2025, a defining year for South African businesses

"Beyond macroeconomic indicators, South Africa's role as host of the 2025 G20 Summit and its associated B20 Summit, presents a significant opportunity for business. As the world's major economies gather to discuss trade, investment, and sustainable…

Retail Banking / 12-02-25 / Lytania Johnson

Lytania Johnson | FNB's eWallet continues to drive financial inclusion; volumes grow to 68m

"The sustained sturdy growth of eWallet affirms our continuous commitment as a bank towards broadening financial inclusion by creating products that meet consumers’ expectations for seamless, convenient, and secure ways of sending and receiving…