Samsung Pay, its contactless digital payment solution, will soon add Investec, and the upcoming Discovery bank to its lineup of banking options.
FNB has launched its new ‘Easy Smart Option’ bank account for consumers who earn between R1,000 to R7,000 per month. With a bunch of new banking options coming this year — like Bank Zero, Discovery Bank and the already launched TymeBank — are the Easy Smart benefits enough? The Easy Smart path Easy Smart gives account holders 24-hour telephonic medical advice, basic financial advice, d...[Read More]
The real paranoid types can relate to that slight worry you feel when inserting your bank card into an ATM. Is it being skimmed? Will it come out? Who is watching me? To aid with (most of) these questions, FNB is implementing a contactless ‘tap’ system to their ATMs. Many have kicked against the growing rollout of tap-to-pay systems, claiming that the systems are fairly insecure but happily FNB...[Read More]
Anyone who’s been watching the local tech news in recent weeks will know there’s been a rapid uptick in the number of mobile payment solutions available to South Africans. The latest is Garmin Pay, a contactless or tap-and-go payment solution that lets owners of specific Garmin wearable devices who bank with FNB make payments with a tap of the wrist at any retailers with the right poin...[Read More]
FNB are rolling out a few updates for their banking app, some of which are first for banking apps in South Africa. FNB’s long been known as the most innovative bank in the country and the best to harness new tech, and its proved itself adept at using new features to win new customers. Switching banks, like switching mobile operators, is perceived as painful. FNB’s long tried to counter...[Read More]
Former FNB CEO and angel investor Michael Jordaan and former FNB executive Yatin Narsai have announced plans to launch an “app-driven bank” called Bank Zero before the end of 2018. Bank Zero won’t have any physical branches, though customers will be able to get physical cards for transacting at stores and at ATMs, and all communication and interaction with the bank will be done ...[Read More]
FNB has added a new feature to its mobile banking app called Nav Car (or nav» Car, to use its nomenclature) that lets consumers manage and monitor the vehicles they own. If the vehicles are financed through WesBank users can also view details about vehicle values, repayments and get valuations. Perhaps the most basic, and most helpful, feature is the option to add your car licence, get reminders w...[Read More]
First National Bank (FNB) has unveiled version 5.0 of its mobile banking app. It’s actually about the 50th iteration of the service, but it’s the five-year anniversary of the mobile app, so FNB figured it made for a snappy name. The new app includes support for a new service called FNB Pay, the ability to use fingerprint sensors on select smartphones as an identity verification mechani...[Read More]