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Old Mutual

10x Banking’s African Expansion: Unlocking Financial Inclusion

10x Banking, founded by former Barclays CEO Antony Jenkins, partners with Old Mutual to expand into Africa, meeting growing demand. Starting in South Africa to drive financial inclusion by developing new products for unbanked populations. This move closely follows its...

Standard Bank Turns Tail on Vaccine Mandate Firings

One of South Africa's largest banking groups, Standard Bank, has done away with its mandatory COVID-19 vaccination policy for its employees. This is after the bank has reportedly already dismissed 40 employees and placed others on "Special Leave" for refusing...

How Lockdown has Highlighted the Benefits of Remote Banking

The advantages of digital transacting over other modes of banking have been highlighted by the lockdown. Although banking remotely has been gaining ground in South Africa long before the lockdown, the limitations on physical movement imposed by the lockdown...

Old Mutual Offers $220 Million of Free Cover to South African Healthcare Workers

Old Mutual announced that it is making $220-million (R4-billion) worth of cover available to approximately 430,000 registered healthcare workers across South Africa. Unlike with traditional cover offered, this is neither a product nor a policy and no premiums will be...

Old Mutual embarks on modernisation project with AWS

On Wednesday, 16 October 2019, Amazon Web Services (AWS) announced that South African financial services provider, Old Mutual is using AWS as its preferred cloud provider - meaning more than 1,000 applications, including its digital customer platforms, core insurance...

Amazon web services to open data centers in South Africa

Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), today announced it will open an infrastructure region in South Africa in the first half of 2020. The new AWS Africa (Cape Town) Region will consist of three Availability Zones....

South African bank rolls out integrated financial planning software

In an effort to continually improve customer experience and enhance value for advisers, Old Mutual Personal Finance has rolled out integrated financial planning software, XPLAN, in South Africa. XPLAN from IRESS – an integrated financial planning solution for wealth...

Old Mutual, T-Systems ink R2.58-billion deal

Old Mutual and T-Systems in South Africa have agreed to an IT infrastructure management deal valued at R2.58bn, extending the existing relationship between the two partners until 2019. The new agreement represents an industry leading outsourcing approach, and is...
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Innovative AI Partnership Transforms Healthcare Technology

BroadReach Group and BAO Systems- a US-based health IT organization, have signed a collaboration agreement that will expand how...
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