Digital Payment Today - South Africa Embraces Fintech Innovations Amidst Tech Advancements
The "Tech Trends in South Africa 2025" report reveals significant advancements in digital payment systems and fintech across South Africa, underscored by the country's position as one of the world's top 20 crypto markets. The report details the rapid adoption of AI, blockchain, and cybersecurity solutions, noting both growth and challenges such as cybersecurity threats and regulatory hurdles. With digital transformation impacting sectors like ecommerce and digital banking, the report serves as a critical resource for understanding how technology is reshaping financial transactions and payment methods in the region.
Elsewhere in the market, was a standout up 4.5% and closing at $46.10, close to the 52-week high. At the same time, softened, down 7.4% to end the day at IDR3,360.00, at its 52-week low.
Bank Rakyat Indonesia (Persero) expects enhanced profitability from strategic advantages and economic growth. Click to explore the detailed narrative on the bank's investment potential.
settled at $14.47 up 2.8%.
closed at $71.05 up 0.5%.
settled at $10.75 down 4.4%.
Jump into our full catalog of 188 Digital Payment Stocks, which includes ABN AMRO Bank, Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna and Bank of Baroda, here.
Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Simply Wall St
"South Africa's AI & Fintech Boom: Key Insights from 2025 Tech Trends Report" from Research and Markets on GlobeNewswire (published 27 February 2025)
Companies discussed in this article include NYSE:BAC NasdaqGS:SOFI NasdaqGS:PYPL NYSE:NU and IDX:BBRI.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
7 minutes ago
- Business Wire
Lazard Welcomes Klaus H. Hessberger as Managing Director and Global Co-Head of Financial Sponsors Group
LONDON--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) today announced that Klaus H. Hessberger has been appointed to the firm as Managing Director, Global Co-Head, and Head of Europe for Lazard's Financial Sponsors Group, based in London. Adam Cady, previously Lazard's Head of Large-Cap Financial Sponsor Coverage North America in New York, has also been named Global Co-Head of the Global Financial Sponsors Group, running the team together with Klaus. These appointments reflect Lazard's expanding connectivity and partnership with alternative asset managers, which continues to be a principal area of focus and a major source of future growth for the firm globally. Lazard's recruiting efforts are also a key contributor to the firm's long-term growth goals, with ongoing success in attracting top tier talent globally. 'Klaus is a recognised leader in the global financial sponsor community with an impressive track record of advising global alternative asset managers and leading teams of highly experienced industry professionals,' said Peter R. Orszag, CEO and Chairman. 'Together with Adam, who has played a pivotal role in managing Lazard's relationships with the world's largest alternative asset managers, we are well-positioned to further advance our market-leading offering to financial sponsor clients in Europe and globally.' 'I'm thrilled to join Lazard, a firm with a rich history and an unparalleled reputation for excellence in advising financial sponsor and corporate clients around the world. Lazard's leading global industry, sector and product platform and innovative approach ensure the firm's clients succeed in an increasingly complex investment landscape. Working alongside Adam and the talented team, I'm excited to build on Lazard's strong foundations and deliver meaningful results for our clients,' said Klaus H. Hessberger. Before joining Lazard, Klaus held various prominent roles over 25 years with J.P. Morgan, helping to build and co-running their market-leading European and later Global Financial Sponsors franchise, initially as European and later Global Co-Head. Klaus has most recently served as Vice Chair of the Global Financial Sponsors and Strategic Investors Coverage Group at J.P. Morgan. In these roles, Klaus covered top-tier global financial sponsor and strategic investor clients, including private equity and infrastructure funds, family offices, sovereign wealth and pension funds. In addition to his Financial Sponsor track record, Klaus brings a broad range of global industry sector and capital markets expertise, having previously co-run J.P. Morgan's Equity Capital Markets origination business in EMEA for nine years. Adam Cady has nearly three decades of experience in investment banking and capital markets. Prior to joining Lazard's New York office in February 2024, Adam held various senior positions at Bank of America, departing as Managing Director and Head of Americas Financial Sponsors Group. He started his career as a leveraged finance professional at Merrill Lynch and NationsBank. About Lazard Founded in 1848, Lazard is the preeminent financial advisory and asset management firm, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit and follow Lazard on LinkedIn.
Yahoo
5 hours ago
- Yahoo
Jim Cramer on Chevron: 'The Group is Just Not in Good Shape'
Chevron Corporation (NYSE:CVX) is one of the 11 stocks that Jim Cramer recently commented on. In response to a caller's inquiry about the company, Cramer commented: 'Okay, I'll tell you how I feel about the oil business. I don't like it, but I do like the dividends. Because of the dividends, I'm willing to bless them. But if they didn't have good dividends, believe me, I wouldn't go near the group because I think that the group is just not in good shape.' An aerial view of an oil rig at sea, the sun glinting off its structure. Chevron (NYSE:CVX) is involved in integrated energy and chemical operations, including the exploration, production, processing, and transportation of oil and gas, the development of liquefied natural gas, carbon capture initiatives, refining, and the manufacturing and marketing of fuels, petrochemicals, and related products. The company returned $6.9 billion in cash to shareholders during the first quarter, including $3.0 billion paid in dividends. Chevron (NYSE:CVX) declared a quarterly dividend of $1.71 per share, which was distributed on June 10. The stock has a yield of 4.76%. Additionally, on May 28, Cramer stated: 'Okay, I think that you have to have a view on oil when you think about this one…. And I think that first, I think oil's going lower. I think it goes to the 50s. I think it's part of the president's plan to be able to reduce the inflation rate. However, it does yield 5%. I don't want to reach for yield. I never want to just say, you know what, I'll take the 5% and not worry about the common stock. You are going to wait till this stock at 136 goes to 130 before you pull the trigger and not until then.' While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Business Wire
7 hours ago
- Business Wire
Juniper Networks Positioned Furthest in 'Completeness of Vision' and Highest for 'Ability to Execute' in 2025 Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure by Gartner® for Fourth Consecutive Time
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Juniper Networks, (NYSE: JNPR), a leader in secure, AI-native networks, has announced that in the 2025 Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, for the fourth consecutive time, Gartner Inc. has positioned it furthest in ' Completeness of Vision ' and highest for ' Ability to Execute '. In this latest Magic Quadrant, Gartner has also named Juniper a Leader for the fifth consecutive time. Completeness of Vision is evaluated on criteria such as market understanding, marketing and sales strategy, offering (product) strategy, innovation etc. Ability to Execute criteria includes product or service, market responsiveness/record, marketing execution, etc. As Gartner explains, 'A Gartner Magic Quadrant is a culmination of research in a specific market, giving you a wide-angle view of the relative positions of the market's competitors. By applying a graphical treatment and a uniform set of evaluation criteria, a Magic Quadrant helps you quickly ascertain how well technology providers are executing their stated visions and how well they are performing against Gartner's market view. A Magic Quadrant provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct.' 'AI for networking operations (AIOps) has become the strategic focus for enterprises to prepare their wired and wireless infrastructure for the future,' said Sudheer Matta, SVP, Campus & Branch, Juniper Networks. 'With over a decade of AI innovation under our belt, Juniper delivers holistic, self-driving networking solutions featuring digital experience twins with agentic AI and Large Experience Models (LEMs) that deliver exceptional user experiences and simplified IT operations. We believe that being named a Leader by Gartner for the fifth time in a row underscores the advantages of our true AI-native platform with self-driving operations and provides validation for any enterprise looking for a wired/wireless infrastructure that is purpose-built for the modern AI era.' The company believes continued customer traction for its Mist AI-native networking platform and the Marvis® AI engine has been the defining factor in accelerating sales momentum in the enterprise sector with orders for Mist and other products attached to the Mist cloud growing more than 40 percent year-over-year in Q1 2025. 'As one of the world's largest grocery retailers with over 7,000 stores worldwide, the ALDI SOUTH Group continuously explores new ways to streamline operations, enhance in-store experiences, and offer customers high-quality products at unbeatable prices. To support this objective, Juniper provides ALDI with a campus network which supports secure, reliable connectivity across supply chain operations, point-of-sale systems and digital in-store experiences. ALDI selected Juniper for their next-generation network transformation, AI-native, cloud-native architecture. The EX4000 access switch is tailor-made for distributed retail enterprise deployments, Mist's cloud-scale NAC simplifies secure access at massive scale, and Juniper's Wi-Fi 6E delivers seamless wireless performance focused on user experience — all driven by the Mist platform.' - Jens Radeck, IT Manager, ALDI International Services SE & Co. oHG We feel amplifying the impact of its strategy to extend Marvis AI across the Mist AI-native networking platform, Juniper was also recently recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Data Center Switching, published on March 31, 2025. Gartner Disclaimer Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure, Mike Leibovitz, Christian Canales, Nauman Raja, Tim Zimmerman, June 25, 2025 and Gartner® Magic Quadrant™ for Data Center Switching, Andrew Lerner, Simon Richard, et al, March 31, 2025 Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Juniper Networks is recognized as Juniper Networks in the 2025 Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure report. About Juniper Networks Juniper Networks is leading the convergence of AI and networking. Mist™, Juniper's AI-native networking platform is purpose-built to run AI workloads and simplify IT operations, assuring exceptional secure user and application experiences—from the edge, to the data center, to the cloud. Additional information can be found at X, LinkedIn and Facebook. Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.
