FNB geo payments: all the details
First National Bank has outlined in detail its new geo-payment service Geopay after news of the feature in its smartphone app leaked on Monday. It allows consumers to make payment to anyone nearby them who has a compatible mobile device, even to customers of other banks. Though the initial focus is on person-to-person
FNB’s smart banking call
First National Bank this week lifted the lid on a new payment mechanism that uses the GPS feature in modern smartphones. It won’t result in the much-hyped cashless society, but it could greatly reduce South Africans’ reliance on cash over time. The new payment feature, which is included in an update to
FNB launches geo-based mobile payments
First National Bank is launching a new payment service that allows users of its mobile app to make payments to one another without needing to exchange banking details, provided they are near to one another. The service uses the GPS chips built into modern mobile devices, with authentication provided by the
Banks train their guns on start-up 22seven
Financial management website 22seven has been live for just a day and already it’s facing its first serious challenge. Some of SA’s big banks have begun warning their customers not to provide their banking login details to the service, which aggregates users’ financial information to give them a graphics-rich picture of their income and spending
SA Newsmakers of the Year – the top five
And here they are. TechCentral’s top five newsmakers of 2011. Our “Newsmakers of the Year” award is presented to individuals we believe had the biggest impact on SA’s technology sector in the past 12 months. For the most part, they’re also the the people who made the headlines during the
Michael Jordaan and his First National Brand
Banks are all scoundrels, right? So, how is it that one SA bank has managed to reinvent itself as not just a cool bank, but as a cool brand? And why have the other big banks fallen so far behind, at least in terms of customer perception? Surely it can’t just
Conservatively cool on Twitter
Thanks to Twitter, the short-message social network that has infiltrated my personal and business life, I now know what FNB stands for. It stands for Friday Night Boys, a pop-punk band from Virginia in the United States, or Food Not Bombs, an activist
FNB: free phones, tablets next?
First National Bank, which this week began offering discounted tablets and smartphones to its clients, says ultimately it would like to hand out free phones and tablets to “certain” of its customers. CEO Michael Jordaan says the bank is on a big drive to encourage
FNB debuts new form of mobile payments
First National Bank has launched a new service called Pay2Cell that allows its accountholders to make payments to other FNB accountholders using only the recipient’s cellphone number. To make a payment, customers must be registered for cellphone banking. To receive
FNB launches transactional banking app
First National Bank has launched a transactional banking application for smartphones and tablet computers that allows its clients to view balances and transaction history, make payments and conduct transfers. The software, which FNB
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