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All posts by Glen Jordan

Glen Jordan
Glen Jordan is a director at IMB, a financial services firm committed to reducing the debt situation . Jordan started life as a computer programmer, and was a business analyst at a number of financial institutions in South Africa and the UK. As a serial entrepreneur, Jordan recently joined IMB, which is fast becoming an industry leader by actively changing the way South Africans manage their money. Glen has been invited as a guest speaker to the Money expo held at the Pavilion convention centre in Sandton this July.
  • The importance of digital finance for financial inclusion in South Africa

    The Banking Association of South Africa defines Financial Inclusion as a development that improves the “range, quality and availability of financial services and products focusing on the unserved, under-served and financially excluded. Principles of financial inclusion include: access, affordability, appropriateness, usage, quality, consumer financial education, innovation and diversification, and simplicity.” According to Bank SETA, 53% of the country’s adult population is unbanked. The reasons vary, including the fear of exploitation, an inability to access physical bank buildings, strict FICA requirements and the steep fees. But factors like the lack of trust in the traditional banking sector, concerns about safety and...

  • Fintech has arrived and it’s changing the South African economy

    The unemployment rate in South Africa is at an 11-year high, with 5.7-million people finding themselves without a job. The technological boom in the financial sector is not only making waves in innovation, but it’s also creating jobs and redefining employment roles within existing, traditional businesses. Technology can create employment opportunities Confidence in South Africa from a financial and investor point of view, is the lowest it has been in 5 years, according to Rand Merchant Bank’s Bureau for Economic Research. Because of the somber outlook on the South African economy, investment from the private sector has been limited, hindering job...