Skip to content

News archive

Discovery Bank democratises the traditional banking model by segmenting and rewarding clients for managing their money well, not just for how much they earn.

Discovery features fourth on the 2022 Fortune Change the World list

Discovery ranks fourth on the Fortune Change the World list for the application of its shared-value model in the banking industry through Discovery Bank - a branchless, full-service bank which nudges and rewards clients towards better financial behaviours and outcomes.

Discovery Bank clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app

Share trading now available for Discovery Bank clients through EasyEquities

Johannesburg, October 6, 2022 – Coinciding appropriately with World Investor Week, Discovery Bank is excited to announce the launch of share trading through the Discovery Bank app, in partnership with EasyEquities. Clients can now open a new EasyEquities account, or link an existing one, seamlessly through the Discovery Bank app, making investing in their favourite local and global brands and othe

Financial relief provided to members of Discovery Health Medical Scheme as 2023 contribution increase deferred to 1 April, with the Scheme optimally priced for expected claims

Financial relief provided to members of Discovery Health Medical Scheme as 2023 contribution increase deferred to 1 April, with the Scheme optimally priced for expected claims

Discovery Health Medical Scheme members to save almost R1.9bn in the first three months of 2023, access exciting new health-enhancing benefits and an innovative new network-based plan. Judicious use of excess Scheme solvency provides both financial relief and new benefits to members.
21 September 2022 – Today, Discovery Health Medical Scheme (DHMS) announced that its members will only pay m

Discovery’s Group Chief Executive, Adrian Gore, today shared the Group’s full-year results for the period ended 30 June 2022 with the investor community

Discovery posts strong operating full-year results in challenging macro-economic environment

Discovery reported its’ full-year results for the period ended 30 June 2022 today.
Highlights:
The strong operational performance of all three main business areas, the SA composite, the UK composite and Vitality Global demonstrates the relevance of the Vitality Shared-value business model and the value it delivers to clients and broader society New business initiatives grew strongly, led b

Discovery Bank brings Google Pay to clients

Discovery Bank brings Google Pay to clients

Johannesburg, 23 August 2022 – Discovery Bank today announced the launch of Google Wallet, which gives clients fast, secure access to their Discovery Bank cards and uses the power of Google to protect every transaction. The collaboration also lets clients tap to pay everywhere Google Pay is accepted, use loyalty cards, board a flight, and more – all with just their Android phone or supported Wear

Cogence will bring asset allocation views from BlackRock, one of the world’s leading asset managers, together with personalised insights from Vitality

South Africa’s first global discretionary fund manager launched by Discovery

Johannesburg, 23 August 2022 — Discovery Group today announced the launch of Cogence, a discretionary fund manager (DFM) seeking to significantly enhance the business of wealth creation in South Africa. Cogence will bring asset allocation views from BlackRock, one of the world’s leading asset managers, together with personalised insights from Vitality to provide investment solutions including mode

Discovery Fund celebrates two decades of strengthening rural healthcare in SA

Discovery Fund celebrates two decades of strengthening rural healthcare in SA

Johannesburg– Leaders in healthcare met on 05 July 2022 to celebrate 20 years of Discovery’s corporate social investment (CSI) into health systems in rural South Africa. The Discovery Fund records a total of over 350 000 direct and 57 million indirect beneficiaries since the programme’s inception in 1997.
“For Discovery, CSI is not a peripheral function, but rather one which is embedded in the

How young is too young to start thinking about retirement?

How young is too young to start thinking about retirement?

Johannesburg, 11 May 2022 — According to National Treasury, South Africans generally need more awareness of investments and savings in general. Luckily, you’re never too young to start investing in your future, or too old to change the way you think about your retirement, as the 11-year-old star of a new Discovery Invest campaign helps us see.
“When people don’t save enough for retirement, and

The Science of Vitality – 25 years of driving positive behaviour change, and as relevant as ever

The Science of Vitality – 25 years of driving positive behaviour change, and as relevant as ever

Discovery Vitality releases The Science of Vitality journal, highlighting the data, science and insights behind the global wellness and behaviour change programme, born in South Africa, now making 20 million people healthier in 37 countries
Johannesburg |24 March 2022
What if there was a way to make people live longer, healthier, happier lives and reward them for taking steps towards their

Show more