Zimbabwe and regional technology news and updates



POSB Going Digital & Cutting Out Manual Processes

The banking sector has been on a drive to cut out a lot of the manual processes that were pretty tedious for both banks and their clients. POSB is joining a number of banks (CBZ, Steward Bank, ZB Bank & FBC among others) in removing a number of manual processes. In ad listed in The […]

No More Manual/Paper RTGS For CBZ Customers As The Bank Goes Paperless

CBZ has joined the bandwagon in stopping the processing of manual or paper RTGS transactions and Internal Transfer Fund requests. Zimbabwean banks are following each other in adopting paperless banking with CBZ, NMB, ZB and Steward Bank stopping manual RTGS transactions. However, CBZ customers will still be able to do RTGS transactions on CBZ’s mobile […]

FBC Introduces E-Statements As It Starts Migration To Paperless Banking

FBC Bank has started the process of going paperless by replacing its paper bank statements with e-statements (electronic statements). With e-statements, customers will be able to view account statements online anytime. Rather than having to wait for a queue to get paper bank statements when customers go to the bank, with e-statements customers can typically access […]

Nedbank To Stop Manual RTGS Payments, Joins Other Banks

Nedbank has just announced that as from the 11th of May they will no longer process manual RTGS payments. Nedbank’s drive to do paperless banking coincides with a number of banks that went paperless. Formerly named MBCA, Nedbank is urging its customers to shift manual RTGS processing to online banking through its Nedbank Access platform. […]