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TruID said to close seed funding round to support growth of...

South Africa-based TruID has reportedly closed a funding round which will help it to expand it customer base and product.

FSB tells South Africa’s authorities to do more to secure financial...

South Africa’s new bank resolution and deposit insurance measures are welcome, but more needs to be done to ensure financial stability in the country, according to a new report from the Financial Stability Board (FSB).

South African Reserve Bank fines HSBC for AML, CTF failures

The Prudential Authority of the South African Reserve Bank has fined HSBC Bank R 15m ($1m) for failures in AML and CTF.

Standard Banks takes over mobile payments player Firepay

South African financial services giant Standard Bank has taken a majority stake in regional mobile payments player Firepay.
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