As newcomers invade SA's staid banking world, the incumbents are reinventing themselves in ways that would have been inconceivable just a few years ago. Rather than erect barriers against the invaders and close themselves off from the innovation that drives the new banks, they are revealing an appetite for co-operation and collaboration.

"Banks are faced with a number of challenges, from changes in technology to changing consumer needs and demands," says Chipo Mushwana, Nedbank's head of emerging payments...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now