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South African Revenue Service to discontinue use of cheques from 2021

News | Online Payments | 13 Nov 2020

The South African Revenue Service (SARS) has announced it will discontinue the use of cheques from 2021.

SARS, The South African Revenue Service, cheque, contactless payments, South Africa, payments , EFT, Absa, Capitec, FNB, Nedbank, Standard Bank

Standard Bank, Mastercard, Google to help SMEs open their digital doors in South Africa

News | Online Payments | 22 Oct 2020

Standard Bank, Mastercard, and Google have teamed up to help SMEs in South Africa move their businesses online, accept digital payments, and attract more customers.

Standard Bank, MasterCard, Google, South Africa, SMEs, payment digitalisation, ecommerce, Google ads, online sales

Uganda-based police hunt for mobile money hackers

News | Digital Identity, Security & Online Fraud | 12 Oct 2020

The Uganda-based police force has begun searching for hackers who accessed the systems of a third party that processes phone-based transactions.

Uganda, mobile money, hackers, fraudsters, third party, phone-based transactions, MTN Group, Standard Bank, mobile-money systems, Criminal Investigation Department, Bloomberg, utility bills, payments , cell phone

Standard Bank, iiDENTIFii join forces for digital banking solution

News | Online & Mobile Banking | 02 Oct 2019

Standard Bank has partnered with iiDENTIFii to deploy the iiDENTIFii solution across the bank’s existing product and service offerings.

Standard Bank, iiDENTIFii, partnership, digital banking, security, onboarding, banking, authentication, iD, identity, facial biometrics, identification

HSBC launches trade finance API for bank guarantees

News | E-invoicing, SCF & E-procurement | 30 Sep 2019

UK-based bank HSBC has launched a new trade finance API aimed to offer financial institutions the ability to build apps with full visibility of their bank guarantees.

HSBC, Open Banking API, bank guarantee, banking, UK, Europe, PSD2, Open API, trade finance, ING, Standard Bank

Fintech Nomanini raises USD 4 mln in funding round led by Standard Bank

News | Payments General | 27 Aug 2019

Nomanini, the fintech platform for the informal retail ecosystem, has announced a USD 4 million funding round.

fintech, Nomanini, Standard Bank, financial inclusion, funding, Africa

South African Standard Bank joins trade finance blockchain Marco Polo

News | E-invoicing, SCF & E-procurement | 23 Aug 2019

Blockchain trade finance network Marco Polo has announced that the South Africa-based Standard Bank Group will be a new member.

South Africa, Standard Bank, Marco Polo, trade finance, blockchain, DLT, Trade Finance Network, Microsoft Dynamics 365, Xero, Oracle Netsuite, R3, Corda, Alfa Bank, Anglo Gulf Trade Bank, Bangkok Bank, Bayern LB, BNP Paribas, Bradesco, Commerzbank

5 new banks join Trade Finance Distribution Initiative

News | E-invoicing, SCF & E-procurement | 15 Jul 2019

Five new banks have joined Trade Finance Distribution Initiative, directed at boosting trade finance in Africa.

Trade Finance Distribution Initiative, ABN AMRO, Commonwealth Bank of Australia, Crown Agents Bank, London Forfaiting Company, Natixis, ANZ, Crédit Agricole, Deutsche Bank, HSBC, ING, Lloyds Bank, Rabobank, Standard Bank, Africa, trade fiance