IOL Logo
Saturday, June 7, 2025

Latest News & Developments

payment service

Digital Finance at the Core of Brazil’s Fintech Transformation

The Fintech Revolution in Brazil is reshaping its financial landscape, driven by the rapid adoption of digital payment systems like Pix, the rise of online lending platforms, and progressive regulatory frameworks. With over 80% of adults engaged in digital payments and a thriving startup ecosystem of over 1,500 fintechs, Brazil is emerging as a global fintech leader. However, regulatory and infrastructural challenges remain, even as innovations promise an inclusive financial future.

News BRICS
Cole Jackson and Dr Iqbal Survé|Published

Samwu demands overdue salary increases for Tshwane municipal workers

The South African Municipal Workers' Union has called for overdue salary increases for Tshwane municipal workers to be paid.

News
Rapula Moatshe|Published

Parliament committee urges Sassa to restore verification system after suspension of R370 grants

SASSA informed all Social Relief of Distress grant recipients that they are suspending their grant payments to verify and confirm their identity and prevent fraudulent applications.

News South Africa Gauteng
Sinenhlanhla Masilela|Published

How to apply for a smart ID in KZN from these three banks

To avoid long queues FNB, Standard Bank and Nedbank selected branches in KwaZulu-Natal has you covered for the issuing of smart card ID applications.

News South Africa Kwazulu Natal
Hope Ntanzi|Published

Is going cashless an exclusionary practice by retailers?

Tapping, scanning and swiping is the new currency that was once dominated by banknotes. But the reality for the majority who live in Cape Town is that cash is their only means of paying for goods and services.

News Opinion
Gasant Abarder|Published

Bridging the pay gap through transparency

South Africa, according to reports, has the widest income gap in the world.

Personal Finance Financial Planning
Opinion|Published

Zulu says Postbank has got its house in order over grants

Minister of Social Development Lindiwe Zulu said Postbank has been able to fix its infrastructure to allow for the payment of social grants.

News Politics
Siyabonga Mkhwanazi|Published

City Power meets with Naturena residents ahead of smart meter installations next week

City Power officials were on Friday meeting with Naturena residents ahead of a long-planned smart meter rollout, which is set to take place on Monday in the area.

News South Africa Gauteng
Sihle Mlambo|Published

Sassa, Postbank asked to give guarantees payment glitches won’t happen again

Members of the EFF, DA, IFP and ANC said they want the Postbank and Sassa to assure the nation that what happened will not be repeated again, because their IT infrastructure upgrade left tens of thousands of grant beneficiaries hungry.

News Politics
Siyabonga Mkhwanazi|Published

FMAS:23 - A game-changing experience for B2B and B2C players in Africa’s financial industry

FMAS:23 is an essential event for anyone looking to stay up to date with the latest developments in Africa’s financial industry.

Tech Partnered
Brandstories|Published

QNET announces expansion into South Africa as part of its 25th anniversary

QNET to offer unique products portfolio and e-commerce entrepreneurial opportunities.

Business Report Partnered
Brandstories|Published

Now any small business can sell online with zero starting costs through iKhokha

IKhokha has made the life of small business owners easy.

Business Report Partnered
Brandstories|Published

Ugandan court orders woman to pay ex for breakup

A Ugandan court has ordered a woman to pay her ex-fiance more than $2,800 for breaking off their engagement.

News Africa
Michael Andisile Mayalo|Published

Spring clean your finances

Financial management tips from motus. cars to help you get the best value for your money.

Motoring Partnered
Brandstories|Published

Partner with Nedbank’s franchising specialists to accelerate business growth in KwaZulu-Natal

Nedbank recognises the importance of the franchising sector for South Africa’s economic future, and is committed to supporting franchisees and franchisors.

Mercury Partnered
Brandstories|Published

LOOK: Sheriff attaches Maluti-A-Phofung municipality vehicles to recover debt owed to service providers

A sheriff from Harrismith went to the municipality’s offices in the town and attached municipal vehicles and other items, according to sources within the municipality.

News South Africa Free State
Sihle Mavuso|Published

SASSA grant payment dates for 2022 announced

Pensioners will be the first up to claim their SASSA grants on Tuesday, 4 January. Disability claimants then follow the day after, then child grant payments will be made last, and the rest of the month will be dedicated to other Sassa payments.

News
Sinenhlanhla Masilela|Published

The rise of Sandton City digital mall

With Nedbank’s Avo Super App, consumers can shop from a multitude of stores, pay for their goods and either have them delivered or collect them from the Avo Lounge lockers at Sandton City Mall

Tech Fintech
Masabata Mkwananzi|Published

Samsung to expand into contactless payment solutions

Samsung Electronics has announced they will be expanding the availability of Samsung Kiosk - an all-in-one solution offering contactless ordering and payment capabilities for businesses.

Tech
Farah Khalfe|Published

Digital payments in SA are taking off - Mastercard

South African consumers will consider payments such as cryptocurrency1, biometrics, contactless or QR code in the next year, according to Mastercard New Payments Index.

Business Report Economy
Philippa Larkin|Published