Banks should review PayShap fees – Standard Bank

Banks should review PayShap fees – Standard Bank

Standard Bank’s Nthabiseng Mohale Banks should review their pricing strategies for PayShap transactions to drive higher rates of financial inclusion and increase adoption of the rapid payments platform in South Africa. This is according to Nthabiseng Mohale, head of interbank and domestic payments at Standard Bank Group, who spoke to TechCentral at the launch of…

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Banks should review PayShap fees – Standard Bank

Banks should lower PayShap fees – Standard Bank

Standard Bank’s Nthabiseng Mohale Banks should consider lowering the fees they charge for PayShap transactions to drive higher rates of financial inclusion and increase adoption of the rapid payments platform in South Africa. This is according to Nthabiseng Mohale, head of interbank and domestic payments at Standard Bank Group, who spoke to TechCentral at the…

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Standard Chartered, WomHub unveil third Women in Tech cohort

Standard Chartered, WomHub unveil third Women in Tech cohort

The third cohort of the Women in Tech Programme kicks off. Standard Chartered, in partnership with WomHub, announced the launch of the third cohort of the Women in Tech (WiT) programme. Standard Chartered South Africa has invested $50 000 to empower women‑founded tech enterprises. The WiT incubator programme aims to improve gender equality and innovation in science,…

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Standard Bank raises alarm over AI-driven fraud

Standard Bank raises alarm over AI-driven fraud

Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult for customers to identify, as calls and e-mails appear to come from their banks’ legitimate contact details,” the bank said in a statement on…

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Standard Bank sounds alarm over AI-generated scams

Standard Bank sounds alarm over AI-generated scams

Current scams look and sound more real than ever before, says Standard Bank. Standard Bank is warning the public about fraudsters that are using artificial intelligence (AI)-generated voices and e-mails to impersonate bank officials. The big-four bank has witnessed a rise in these types of spoofing scams in recent months. Spoofing is a deceptive tactic…

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Standard Bank CEO Sim Tshabalala to step down in 2027

Standard Bank CEO Sim Tshabalala to step down in 2027

Standard Bank Group CEO Sim Tshabalala. Luc Gnago/Reuters Standard Bank Group said on Thursday that its CEO, Sim Tshabalala, would retire towards the end of 2027 in line with its leadership succession planning. The announcement comes after the bank reviewed its retirement age for executives and decided to increase the normal age from 60 to…

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Ethereum price set for further big gains: Standard Chartered

Ethereum price set for further big gains: Standard Chartered

Standard Chartered has raised its year-end target for ether to US$7 500 from $4 000, citing improvement in industry engagement and uptick in holdings of the cryptocurrency in recent months. The brokerage’s new year-end target represents a premium of near 60% from ether’s more than 3-1/2 year high of $4 700 on Wednesday. The world’s second largest cryptocurrency…

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