Banking & Finance

Bringing global e-Commerce to South Africa

First National Bank (FNB) and PayPal customers in South Africa can now sell to PayPal’s global customer base of more than 81 million active accounts in 190 markets around the world and move the proceeds to their FNB accounts.

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Funding for scientific research in Africa

The European Union decided recently to allocate 15mn euros to African countries to set up joint funds to finance scientific research in the continent.

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Bill payment network expanded

Responding to the needs of current customers and moving proactively to meet their future demands, du recently partnered with several leading Banks and Money Exchanges to extend the convenience of additional locations to pay their du bills.

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Financiers can gain their own Treasury-in-a-Box

Infosys Technologies Ltd. has launched Finacle Treasury-in-a-Box, a rapid implementation framework for an integrated front, middle and back office treasury system.

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Mauritian bank launches SA expansion drive

Mauritius-registered AfrAsia Bank has announced the start of an African regional expansion drive, with initial focus on South Africa.

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