Ethiopian bank glitch leaves costomers drowning in money
The Commercial Bank of Ethiopia faces a daunting task as it grapples with a substantial financial setback caused by a “systems glitch.” This glitch allowed customers to withdraw sums of money exceeding their account balances, resulting in a staggering total of over $40 million or £31 million, as reported by local media outlets. The incident […]
TymeBank and Foschini join forces to shake up The South African Retail Industry
South African digital bank TymeBank has partnered with The Foschini Group (TFG) to offer customers three new financial products for shopping and banking. Through installing over 600 kiosks across TFG stores, including Foschini, Markham and Sportsscene, customers can now open a TymeBank TFG Money account in less than 5 minutes with no monthly fees or […]
