bank zero

  1. Jan

    Bank Zero's top dogs

    Don't bet against Bank Zero Bank Zero launched to the public on 10 August, offering a bank account with no monthly subscription fee and low transaction costs. Bank Zero has a unique offering. It has no bank branches and relies entirely on its smartphone app for most transactions and engagements.
  2. Jan

    Bank Zero vs TymeBank fees and services compared

    Bank Zero vs TymeBank — Battle for the best affordable digital bank South Africa's newest digital bank, Bank Zero, offers few features and pricing benefits over TymeBank, another digital-focused which launched more than two years ago, a MyBroadband comparison has shown. Following Bank Zero's...
  3. Jan

    Bank Zero - how a bank that charges no fees makes money

    How Bank Zero makes money Bank Zero founder Michael Jordaan said while they have no fees on many transactions, they make money through interest rate margins and interchange fees. On Tuesday, Bank Zero officially launched to the public, offering a bank account with no monthly subscription fee...
  4. Jan

    Bank Zero tested

    We tested Bank Zero and it was impressive Bank Zero recently invited journalists to a closed beta test and the experience was impressive — from opening our accounts and receiving our debit cards, to the features the bank offers through its app. We signed up for an account and tested the bank's...
  5. Jan

    Bank Zero goes live with "throttled" launch

    Bank Zero is here Following multiple delays and years of controlled testing, South Africa's newest digital bank, Bank Zero, officially launched to the public on Tuesday. Access to the app will be "throttled" initially, the bank said, to ensure that staff responsible for verifying FICA...
  6. J

    What Bank Zero will offer South Africans

    What Bank Zero will offer South Africans Bank Zero is a latecomer to the South African digital banking market, but it is confident its value proposition will be good enough to convince new customers to sign up. Bank Zero was first unveiled in January 2018 by founders Michael Jordaan and Yatin...
  7. J

    The FNB dream team who built Bank Zero

    The FNB dream team who built Bank Zero Bank Zero is ready to shake up South Africa’s banking market with innovative and affordable digital banking products. It recently unveiled its pricing for individual and business customers and is preparing for a public launch later this year.
  8. J

    How Bank Zero's prices compare with Discovery Bank and TymeBank

    How Bank Zero's prices compare with Discovery Bank and TymeBank Bank Zero has published its pricing guide for its individual and business customers, revealing how much users will be charged for their banking activities. Bank Zero only offers one account type, stating it does not believe in the...
  9. J

    Bank Zero – The latest details

    Bank Zero – The latest details Bank Zero plans to launch a controlled public beta early in the second half of 2020. This is according to Bank Zero co-founder Michael Jordaan, who told MyBroadband those who join this public beta will be selected from interested parties who supplied their...
  10. J

    Bank Zero debit card goes live

    Bank Zero debit card goes live Bank Zero has officially gone live with its debit card, which it said is the last step in completing its core value proposition. Following this launch, the bank will conduct rigorous security and system by simulating card attacks and testing card fraud detection.
  11. J

    Bank Zero launch delayed until next year

    Bank Zero launch delayed until next year The public launch of Bank Zero has been delayed until next year, according to CEO Yatin Narsai. Bank Zero has been in beta testing since March, and its initial launch date was set for the second half of 2019.
  12. J

    Bank Zero's IT infrastructure - Photos

    Bank Zero's IT infrastructure - Photos Bank Zero has entered its alpha testing phase after announcing that it has been integrated with the national payments system of the SARB. The aim of the alpha testing is to see a small team validating the bank’s end-to-end live systems and processes.
  13. J

    Bank Zero starts trial run in South Africa

    Bank Zero starts trial run in South Africa Bank Zero announced it has been integrated with the national payments system of the South African Reserve Bank (SARB) and is set to begin trial runs in preparation for the launch of its banking platform. The bank's CFO, Liné Wiid, said that settling...
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