Latest Standard Bank News: Finextra Research

Standard Bank picks Volante for Africa-wide payments overhaul

African giant Standard Bank is moving its payments infrastructure to Volante's cloud Payments-as-a-Service (PaaS), accelerating ISO 20022 adoption on the continent.

29 October 2024

/payments

South Africa readies for real-time low value payments

South Africa's top four banks are to begin the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to the underbanked segement.

01 November 2022

/retail

Standard Bank launches free virtual internships for students

South Africa's Standard Bank is launching a free virtual internships initiative, enabling students from across the country to gain financial industry skills and experience.

08 July 2022

/retail

Standard Bank launches platform to get working capital to African MSMEs

Standard Bank is working with fintech Nomanini and food giant Nestlé on a digital platform that gets working capital to underbanked informal retailers in sub-Saharan Africa.

18 January 2022

/crypto

Standard Bank and Shinhan Bank to test cross-border stablecoins

Shinhan Bank in Korea and Standard Bank in South Africa are to test the use of stablecoins for cross-border remittances using the decentralised public ledger Hedera Hashgraph.

30 November 2021

/retail

Standard Bank mobile app crashes again

Months after recovering from a technical breakdown that disrupted its banking systems for over a week, South Africa's Standard Bank is back in the trenches as it scrambles to dicover the root cause behind intermittent outages on its mobile banking app.

01 September 2021

/wholesale

Standard Bank opens digital shopping mall for corporate clients

Johannesburg-based Standard bank has launched an online shopping mall and developer network through which corporate clints can discover and procure digital tools and services developed by the bank and its network of partners.

02 June 2021

/payments

Standard Bank acquires 35% stake in TradeSafe

Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow, providing a means for buyers and sellers to mitigate transaction fraud.

25 August 2020

/regulation

Standard Bank calls for rule changes to enable trade digitisation

Standard Bank says it is talking to regulators in multiple markets about amending regulations during the Covid19 crisis to make digital trade easier.

21 May 2020

/cloud

Standard Bank SA makes SAP and Microsoft Azure cloud move

Standard Bank South Africa is moving its core SAP Cloud Platform services to Microsoft Azure in a move the bank says will have a significant effect on customer experience.

05 March 2020

/wholesale

Banks join forces on digital platform to help firms trade globally

A group of 14 banks - including Santander, RBC and MUFG - has launched a digital platform designed to tackle international trade barriers.

01 October 2019

/Sibos

HSBC launches trade finance API

HSBC has launched a trade finance API that lets partner financial institutions and their clients see the status of their bank guarantees in real time from their own platforms.

27 September 2019

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