South Africa’s Standard Bank is currently experiencing a major outage in its online and mobile banking channels. The…South Africa’s Standard Bank is currently experiencing a major outage in its online and mobile banking channels. The…

Standard Bank online and mobile banking platforms are down for South African users

2025/12/15 22:27

South Africa’s Standard Bank is currently experiencing a major outage in its online and mobile banking channels. The disruption stems from an issue affecting Sage, the banks’ software provider. The glitch has reportedly resulted in delayed transactions and prevented new customers from opening bank accounts.

Sage disclosed this on its communication platforms, tagging the glitch as a ‘partial outage’.

“We have identified an issue in South Africa with the bank feeds we receive from Standard Bank. As a result, all customers using the Standard Bank will experience delays getting their transactions, and new customers would be unable to onboard Standard Bank,” it said. 

Sage

It also clarified that the outage is primarily affecting Standard Bank customers, noting that the service is performing as expected for all other customers using different banks.

“The issue with Standard Bank is only on our Yodlee connection. Our Standard Bank (Powered by Sage) connection is still working as expected and therefore those with eligible account types can utilise this connection,” it said at 11:35 am (Nigerian time).

Initially, customers were unable to sign into the bank’s mobile app. However, the app became accessible later on with limited functionality. In addition, the app displays a mismatch in account balance, transaction histories, airtime and top-ups. 

Trends on downdetector, a website that tracks real-time problem & outage monitoring, also revealed a spike in complaints for users. Checks show that users started complaining around 11:00 am (Nigerian Time).

Further breakdown of the life report revealed that Sage users indicated issues with the provider’s website and login, while those for the Bank reports disruption with the mobile banking app and online banking services.

Standard Bank - DowndetectorStatus on Downdetector

As of reporting time, the Sage status page has yet to confirm normalcy.

Also Read: South Africa’s StandardBank shuts down 1,942 ATMs as cash withdrawals decline.

Standard Bank’s effort towards digital banking

Known as South Africa’s largest Bank, Standard Bank has significant investments in digital platforms and innovations. Its parent company, Standard Bank Group, serves over 19 million clients across 20 African countries. 

In its digital reforms, the Bank reduced its ATM network in South Africa by 1,942 between 2020 and mid-2025, a significant decrease from 5,390 to 3,448. The reduction reflects the banks’ adaptation to the increasing shift toward mobile and digital transactions, as well as the corresponding decline in cash withdrawals.

Aside from Standard Bank, other South African banks such as Absa, Nedbank, and First National Bank have also reduced their branch and ATM networks.

Also, online banks such as TymeBank and Bank Zero have expanded without investing in physical infrastructure, signalling the evolution of South African financial service consumers.

Market Opportunity
Lorenzo Protocol Logo
Lorenzo Protocol Price(BANK)
$0.03757
$0.03757$0.03757
+1.04%
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Volante Technologies Customers Successfully Navigate Critical Regulatory Deadlines for EU SEPA Instant and Global SWIFT Cross-Border Payments

Volante Technologies Customers Successfully Navigate Critical Regulatory Deadlines for EU SEPA Instant and Global SWIFT Cross-Border Payments

PaaS leader ensures seamless migrations and uninterrupted payment operations LONDON–(BUSINESS WIRE)–Volante Technologies, the global leader in Payments as a Service
Share
AI Journal2025/12/16 17:16
Fed Acts on Economic Signals with Rate Cut

Fed Acts on Economic Signals with Rate Cut

In a significant pivot, the Federal Reserve reduced its benchmark interest rate following a prolonged ten-month hiatus. This decision, reflecting a strategic response to the current economic climate, has captured attention across financial sectors, with both market participants and policymakers keenly evaluating its potential impact.Continue Reading:Fed Acts on Economic Signals with Rate Cut
Share
Coinstats2025/09/18 02:28
Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Google's AP2 protocol has been released. Does encrypted AI still have a chance?

Following the MCP and A2A protocols, the AI Agent market has seen another blockbuster arrival: the Agent Payments Protocol (AP2), developed by Google. This will clearly further enhance AI Agents' autonomous multi-tasking capabilities, but the unfortunate reality is that it has little to do with web3AI. Let's take a closer look: What problem does AP2 solve? Simply put, the MCP protocol is like a universal hook, enabling AI agents to connect to various external tools and data sources; A2A is a team collaboration communication protocol that allows multiple AI agents to cooperate with each other to complete complex tasks; AP2 completes the last piece of the puzzle - payment capability. In other words, MCP opens up connectivity, A2A promotes collaboration efficiency, and AP2 achieves value exchange. The arrival of AP2 truly injects "soul" into the autonomous collaboration and task execution of Multi-Agents. Imagine AI Agents connecting Qunar, Meituan, and Didi to complete the booking of flights, hotels, and car rentals, but then getting stuck at the point of "self-payment." What's the point of all that multitasking? So, remember this: AP2 is an extension of MCP+A2A, solving the last mile problem of AI Agent automated execution. What are the technical highlights of AP2? The core innovation of AP2 is the Mandates mechanism, which is divided into real-time authorization mode and delegated authorization mode. Real-time authorization is easy to understand. The AI Agent finds the product and shows it to you. The operation can only be performed after the user signs. Delegated authorization requires the user to set rules in advance, such as only buying the iPhone 17 when the price drops to 5,000. The AI Agent monitors the trigger conditions and executes automatically. The implementation logic is cryptographically signed using Verifiable Credentials (VCs). Users can set complex commission conditions, including price ranges, time limits, and payment method priorities, forming a tamper-proof digital contract. Once signed, the AI Agent executes according to the conditions, with VCs ensuring auditability and security at every step. Of particular note is the "A2A x402" extension, a technical component developed by Google specifically for crypto payments, developed in collaboration with Coinbase and the Ethereum Foundation. This extension enables AI Agents to seamlessly process stablecoins, ETH, and other blockchain assets, supporting native payment scenarios within the Web3 ecosystem. What kind of imagination space can AP2 bring? After analyzing the technical principles, do you think that's it? Yes, in fact, the AP2 is boring when it is disassembled alone. Its real charm lies in connecting and opening up the "MCP+A2A+AP2" technology stack, completely opening up the complete link of AI Agent's autonomous analysis+execution+payment. From now on, AI Agents can open up many application scenarios. For example, AI Agents for stock investment and financial management can help us monitor the market 24/7 and conduct independent transactions. Enterprise procurement AI Agents can automatically replenish and renew without human intervention. AP2's complementary payment capabilities will further expand the penetration of the Agent-to-Agent economy into more scenarios. Google obviously understands that after the technical framework is established, the ecological implementation must be relied upon, so it has brought in more than 60 partners to develop it, almost covering the entire payment and business ecosystem. Interestingly, it also involves major Crypto players such as Ethereum, Coinbase, MetaMask, and Sui. Combined with the current trend of currency and stock integration, the imagination space has been doubled. Is web3 AI really dead? Not entirely. Google's AP2 looks complete, but it only achieves technical compatibility with Crypto payments. It can only be regarded as an extension of the traditional authorization framework and belongs to the category of automated execution. There is a "paradigm" difference between it and the autonomous asset management pursued by pure Crypto native solutions. The Crypto-native solutions under exploration are taking the "decentralized custody + on-chain verification" route, including AI Agent autonomous asset management, AI Agent autonomous transactions (DeFAI), AI Agent digital identity and on-chain reputation system (ERC-8004...), AI Agent on-chain governance DAO framework, AI Agent NPC and digital avatars, and many other interesting and fun directions. Ultimately, once users get used to AI Agent payments in traditional fields, their acceptance of AI Agents autonomously owning digital assets will also increase. And for those scenarios that AP2 cannot reach, such as anonymous transactions, censorship-resistant payments, and decentralized asset management, there will always be a time for crypto-native solutions to show their strength? The two are more likely to be complementary rather than competitive, but to be honest, the key technological advancements behind AI Agents currently all come from web2AI, and web3AI still needs to keep up the good work!
Share
PANews2025/09/18 07:00