Nedbank - Announcements, Interviews & News Stories

Nedbank taps Synthesis for mobile contactless payments

South African bank Nedbank is committed to prioritizing its product development to suit the needs of its personal and small business clients.

21 August 2023

/payments

Nedbank embarks on payments modernisation programme

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced a partnership with one of South Africa’s leading financial services providers, Nedbank, to drive its digital transformation journey including real-time payments.

22 February 2022

/cloud

IBM wins major cloud deals in Africa

IBM (NYSE: IBM) today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue their work to develop digital-first solutions, ultimately broadening access to financial services on the continent.

22 September 2021

/payments

Nedbank contracts with Fexco for dynamic currency conversion

In a move that is sure to have positive growth benefits for South Africa’s tourism industry, Nedbank and Fexco, a leading independent global provider of DCC and multi-currency (MCP) technologies, have announced an extension to their partnership that will see Fexco’s world class Dynamic Currency Conversion (DCC) solution provided to Nedbank merchants and their international customers throughout South Africa.

18 November 2019

/retail

Mastercard and Entersekt enable all-in-one, scan-to-pay feature in Nedbank app

Mastercard and Entersekt have collaborated to enable Nedbank’s customers to make QR payments to Masterpass, Pay@, SnapScan, and Zapper merchants and billers through the Nedbank Money app, whether they are paying online or at a physical point of presence.

02 August 2018

/Sibos

Nedbank goes live with China Systems for trade finance portal

Nedbank is one of South Africa’s major banking groups, offering the full range of wholesale and retail banking services through a growing footprint across Africa.

16 October 2017

/retail

Rand Merchant Investment Holdings and Nedbank acquire stakes in Entersekt

Rand Merchant Investment Holdings (JSE:RMI) through AlphaCode, RMI’s innovation hub for fintech entrepreneurs and Nedbank Private Equity (NPE) through its private equity investment vehicle, BoE Private Equity Investments, have each acquired minority shareholdings in Entersekt in a multi-million dollar transaction.

07 June 2017

/retail

Nedbank signs for NCR Interactive Teller

NCR Corporation (NCR), a global leader in omni-channel solutions, today announced that Nedbank (JSE:NBKP), one of the largest banks in the country, will be the first bank in South Africa to introduce NCR Interactive Teller.

06 December 2016

/payments

Nedbank to accelerate ISO20022 adoption with Bytes and Volante

Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages, data and payments, together with its South African partner Bytes Universal Systems, have been selected by Nedbank to facilitate the transformation of its financial payments message service layer across multiple Nedbank entities.

05 October 2015

/retail

Nedbank installs NCR cash machines

Bytes Managed Solutions (“Bytes MS”), the exclusive South African partner of NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced that Nedbank Group, one of the four largest banking groups in South Africa, has selected 250 units of NCR Cash Recycler 11 to significantly increases customer satisfaction by reducing wait times by up to 50 percent and allowing tellers to provide a more personal and efficient service.

03 August 2015

/security

Nedbank deploys Gemalto PKI for corporate transactions

Gemalto (Euronext NL 0000400653 GTO), the world leader in digital security, announces that Nedbank Ltd, a leading commercial bank in South Africa, is deploying its Ezio eBanking solution to provide their wholesale customers with unmatched online transaction security and superior convenience.

08 October 2014

/retail

Nedbank deploys Entersekt online card purchase authorisation tech

With EMV's continued expansion overseas and impending adoption in the U.S., fraudsters are turning away from scamming physical credit and debit cards and instead setting their sights on the card-not-present space online.

22 July 2014

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