Shinhan Bank readies stablecoin remittance PoC on Hedera network
This is the latest in a number of distributed ledger innovations by the South Korean bank.
Standard Bank
Video: fintech news pick of the week – Mynt, Oracle, Standard Bank & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Standard Bank partners Flutterwave to boost digital financial services in Africa
Bank says the pandemic has caused a shift to digital payments across Africa.
Sibos 2021: Africa has world’s best demographics for financial services, says Standard Bank CEO
Investment and connectivity have created “vast opportunities”, says Sim Tshabalala.
Standard Bank extends Microsoft partnership to boost cloud migration
The South African bank renews a 30-year deal with the US tech giant.
Standard Bank shifts SAP core system to Microsoft Azure cloud
South African bank’s “Project Embrace” kicks off with a core switch.
Standard Bank and Nomanini sign 12-months in the making $4m deal
Nomanini will be looking to raise additional funding for growth.
Infosys Finacle digitises Standard Bank’s African branches
The Mobile Teller Solution has slashed waiting times.
Trade finance standardisation project backed by 14 giants
The project seeks technology use and standardisation for the wider distribution of trade finance assets.
Standard Bank moves over to AWS
All its workloads, including its customer facing and core banking applications.
South Africa’s Standard Bank to axe 1,200 jobs
It will also close 91 branches in the name of digitalisation.
South Africa’s Standard Bank to unleash payments blockchain platform
Plans a cloud-based platform for foreign exchange and settlement in H1 2019.
Standard Bank’s online escrow service Shepherd meets its end
No explanation as to how or why from the South African bank.
Standard Bank SA faces IT crash, again
ATMs and online platforms were affected, according to reports.
Standard Bank comes to Cote d’Ivoire
Wants to cement presence in Francophone West Africa region.
Fintech funding round-up: 21 March 2018
Features M-BIRR, Funding Xchange, MarketInvoice, Digital Reasoning and regtech bouncer Enforcd.
Standard Bank sells mobile paytech Oltio to Mastercard
Mastercard has acquired Oltio, a mobile paytech firm in South Africa.
Banking systems go down at South Africa’s Standard Bank
Bank reported problems with its self-service channels.
OfferZen and Standard Bank to launch bank account for developers, Root
2018 will see the launch of Root in South Africa, a bank account for developers.
Blockchain: a world of possibilities
Amid the hype around distributed ledger technology and blockchain it can seem they are technologies looking for solutions. In the heavily paper-based business of trade finance, such technology looks promising and progress is being made elsewhere.
Correspondent banking: it takes two to tango
The global correspondent banking network is under pressure in several countries as some financial institutions close relationships. While financial inclusion continues to climb the agenda of regulatory authorities and financial institutions pledge their support, the de-risking taking place in correspondent banking threatens to scupper inclusion.
Talking heads: real-time payments – instant gratification
With myriad domestic instant and real-time payments systems being deployed internationally, is the next logical step cross-border, real-time payments? We asked some Sibos delegates what they think.
Fintech funding round-up: 13 December 2016
Who is investing in what? Our latest fintech funding round-up, mercifully brief as usual. Featuring ApplePie Capital and Firepay.
South Africa’s big four banks spend IT big
The big four retail and commercial banks in South Africa – Standard Bank, Absa/Barclays Africa, FirstRand and Nedbank – have been upping their games in information technology (IT) expenditure.
Standard Bank launches banking app to four African markets
Standard Bank in South Africa has launched its existing banking app to four additional African markets. The app is now available in Uganda, Namibia, Ghana and Botswana; with plans to roll it out to Nigeria, Kenya, Zambia and Zimbabwe by the end of 2016. The latest development is part of its drive to “enhance its […]
Africa the next growth story
The rise of an emerging middle class in Africa is transforming the continent as a group of 11 African nations power past the $1 trillion GDP mark. With tens of millions expected to rise out of poverty in the next decade, it is also providing compelling new opportunities for banks, according to Standard Bank of South Africa.
Standard Bank launches West Africa expansion drive via Côte d’Ivoire
Standard Bank of South Africa has launched a major expansion drive in West Africa, starting with the opening of a new representative office in the Côte d’Ivoire. The bank plans to use the Abidjan office to become familiar with the region and identify further opportunities within it.
Standard Bank South Africa targets ‘unbanked’ customers via mobile
South Africa’s Standard Bank has introduced a new mobile banking tool called AccessBanking, which aims to reach unbanked customers in the country.
