Standard Bank

91 results about this entity

Period: 11 Oct 2004 - 20 Mar 2024

Standard Bank snaps up mobile payments outfit

South Africa's Standard Bank has bought a majority stake in Firepay, the local startup behind popular QR code-based mobile payments service SnapScan. Financial terms have not been disclosed.

Yakuza arrested over massive ATM heist

Japanese police have arrested 11 men, including a Yakuza, in connection with the theft of Yen1.8 billion ($17.3 million) from cash machines across the country in a co-ordinated two-hour raid in May.

South Africa sets standard for fingerprint banking

South Africa's payments body has released a standard to enable biometrics to be used on payment cards and to herald what it hopes will be an industry-wide roll-out of fingerprint banking.

Standard Bank releases banking app across four African markets

Standard Bank is on a committed journey of rapid digitization across the continent, offering its customers more convenient ways to interact with their personal banking services.

Thomson Reuters signs Barclays, Rand Merchant Bank and Standard Bank to SA KYC utility

Thomson Reuters today announced the launch of its Org ID managed service solution for Know Your Customer (KYC) due diligence in South Africa, together with design partner banks Barclays Africa, Rand Merchant Bank (a division of FirstRand Bank) and Standard Bank of South Africa who have all committed to use the Org ID service to perform KYC on their populations of corporate and institutional banking clients.

WeChat launches mobile wallet in South Africa

WeChat, the social messaging app developed by Chinese e-commerce outfit Tencent, has launched a mobile wallet service in South Africa in partnership with Standard Bank.

Meet the 50-year old millennials

Forget millennials, banks should be focusing their efforts on a new breed of 'digital natives' who transcend age boundaries and have fundamentally different expectations about their financial services needs, according to a study conducted by innovation agency Claro and Anthemis on behalf of six top banks.

EBS Direct adds Metallinvestbank and Standard Bank as liquidity providers

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today the addition of Metallinvestbank as the first Russian liquidity provider (LP) and Standard Bank as the first South African LP on the EBS Direct platform.

Standard Bank builds PlayRoom to push startup culture

South Africa's Standard Bank has opened an innovation centre in Johannesburg in an effort to foster a startup culture.

Standard Bank deploys IBM's Watson to crunch customer data

Standard Bank of South Africa has become the latest financial institution to enlist IBM's Watson cognitive computing platform to help it make the most of customer data.

Standard Bank selects Eagle as enterprise technology platform

Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced that Standard Bank South Africa, will implement Eagle's accounting and enterprise data management solutions across its Private Clients business. The technology solutions will be hosted on Eagle ACCESSSM, Eagle's secure private cloud.

Standard bank selects Fundtech for corporate payments

Fundtech, a market leader in global transaction banking solutions, today announces that Standard Bank has selected Fundtech’s cash management solution, Global CASHplus, to provide real-time liquidity management, cash flow forecasting, and balance reporting services to its corporate customers.

Matchi opens global fintech challenge

Innovation matchmaking platform Matchi has launched a global fintech innovation challenge, inviting aspiring startups to pitch working prototypes to a pool of global banks.

Standard Bank launches QR code-based mobile payment scheme

Standard Bank of South Africa has publicly launched SnapScan, a QR code-based mobile payment system that has been under development for almost a year.

Standard Bank tests current account-linked bitcoin wallet

Standard Bank has begun piloting a current-account linked bitcoin wallet developed by South African outfit Switchless.

Standard Bank issues dual-function transit-ticketing and debit card

South Africa's Standard Bank has issued a multifunction payments card, offering pre-paid transit ticketing alongside contactless debit card functionality.

Standard Bank draws fire for FNB tweets

Standard Bank's decision to tell the Twitterverse that it planned to take rival FNB to South Africa's Advertising Standards Authority (ASA) appears to have backfired, drawing scorn on the social networking site.

Absa to trial NFC mobile payments

South African bank Absa is to launch live user trials of NFC technology on mobile phones.

Durban buses go contactless

The South African city of Durban is preparing to pilot a contactless payments system for its bus network.

Pre-paid vouchers to kill off mobile wallet prospects in South Africa - Standard Bank

Explosive growth in pre-paid money vouchers in South Africa has killed the mobile wallet as a viable payment instrument says Herman Singh, CEO of Beyond Payments, the payment innovation arm of Standard Bank.