The clock is ticking on South African banks’ biggest advantage

The clock is ticking on South African banks’ biggest advantage

South Africa’s convergence war has been fought on two fronts simultaneously: Mobile operators have pushed into financial services – payments platforms, digital wallets, money transfers and insurance. Banks have pushed into connectivity – mobile virtual network operators (MVNOs), airtime, data the phone number as an anchor for the customer relationship. The previous two pieces in…

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