- 15 August 2024
- EFT Reporter
South Africa’s Standard Bank posts 4% rise in half-year profit
JOHANNESBURG, Aug 15 (Reuters) – Africa’s biggest lender by assets Standard Bank said on Thursday its half-year profit rose by 4%, with performance supported by franchise growth in its banking businesses…
Read More
- 26 March 2024
- EFT Reporter
SWIFT planning launch of new central bank digital currency platform in 12-24 months
The Swift logo is seen in this illustration taken, in Bosnia and Herzegovina. REUTERS/Dado Ruvic/IllustrationBy Marc Jones LONDON – Global bank messaging network SWIFT is planning a new platform in…
Read More
- 24 March 2024
- EFT Reporter
World Bank to share more data to attract private investors to developing countries
World Bank Group President Ajay BangaBy Andrea ShalalThe World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to…
Read More
- 14 March 2024
- EFT Reporter
South Africa’s Standard Bank posts 27% jump in annual profit
Standard Bank JOHANNESBURG, (Reuters) – Africa’s biggest lender by assets Standard Bank said on Thursday its annual profit jumped by 27% as high interest rates helped offset rising bad loans.The…
Read More
- 30 November 2022
- EFT Reporter
Fraudsters exploiting bank’s technological advancements
A customer uses their card to make a payment. By Khulile ThwalaTechnological advances in the banking sector have eased how we can use services but they have also come with…
Read More