Discovery Bank turns R145m loss into R230m profit

Discovery Bank turns R145m loss into R230m profit

Discovery Bank was launched in 2019 as SA’s first fully digital, wellness‑linked bank, part of the Discovery Limited ecosystem. Discovery Bank is accelerating client acquisition in South Africa, as it deepens its footprint in an increasingly competitive retail banking market. This emerged when parent company insurer Discovery yesterday published its operational update and trading statement…

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Transcript: Christine Lagarde, European Central Bank president, on “Face the Nation with Margaret Brennan,” Feb. 22, 2026

Transcript: Christine Lagarde, European Central Bank president, on “Face the Nation with Margaret Brennan,” Feb. 22, 2026

The following is the transcript of the interview with Christine Lagarde, European Central Bank president, that aired on “Face the Nation with Margaret Brennan” on Feb. 22, 2026. MARGARET BRENNAN: Welcome back to ‘Face The Nation.’ We’re joined now by the head of the European Central Bank, Christine Lagarde. The ECB sets interest rates for…

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The AI fraud crisis your bank is not ready for

The AI fraud crisis your bank is not ready for

The author, Entersekt’s Andries Maritz Rather than new types of fraud, what we’re seeing in the banking sector is a step change in how adaptable, realistic and efficient existing attack patterns have become. Bots can learn, adapt and personalise continuously once they’re interacting with live systems – and the implications for customer exposure are serious….

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Standard Bank joins smart ID push with fee-free launch

Standard Bank joins smart ID push with fee-free launch

Standard Bank has confirmed the phased roll-out of smart ID application and renewal services at select branches, with no convenience or logistics fees during the launch period. The service will initially be available at the bank’s Rosebank, Maponya Mall and Westgate branches before scaling further. During the launch phase, clients will pay only the standard…

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Africa: Speech Delivered by Dr. Akinwumi A. Adesina, Co-Founder and Executive Chairman, Global Africa Investment Summit and 8th President of the African Development Bank Group at the Launch of the Global Africa Investment Summit

Africa: Speech Delivered by Dr. Akinwumi A. Adesina, Co-Founder and Executive Chairman, Global Africa Investment Summit and 8th President of the African Development Bank Group at the Launch of the Global Africa Investment Summit

Text of the Speech Delivered by Dr. Akinwumi A. Adesina at the Launch of the Global Africa Investment Summit in dubai on February 3, 2026 Your Excellency, Joan Lourenco, President of the Republic of Angola and the Chairman of the African Union.Your Excellency, Samia Suluhu Hassan, President of the United Republic of Tanzania.Your Excellency, John Dramani…

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Big changes at Lesaka as Bank Zero deal nears completion

Big changes at Lesaka as Bank Zero deal nears completion

Lincoln Mali JSE- and Nasdaq-listed fintech Lesaka Technologies is involved in a corporate shake-up, including an internal rationalisation of its operating portfolio and an outward facelift of its brand identity. Lincoln Mali, MD for Southern Africa at Lesaka Technologies, said the incorporation of recently acquired Bank Zero into the Lesaka stable – which still requires…

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