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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, 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, 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 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
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
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
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
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