TCS | Discovery Bank CEO Hylton Kallner on tech, AI and the future of banking

Loading player...
Discovery Bank CEO Hylton Kallner believes technology is fundamental to the company’s success.
Kallner, an actuary who joined Discovery in its early days as a medical insurance company and who has held various senior leadership roles over the years, tells TechCentral editor Duncan McLeod about the group’s decision to launch a bank when it did. He shares how the business is doing – spoiler: it’s trending well ahead of schedule – and what comes next.
He tells the TechCentral Show about:
• How Discovery Bank is doing financially and how it’s tracking against its business plan;
• Its client base – who they are and who the bank is targeting as its clientele (the answer may surprise you);
• Why Discovery launched a bank into what was already a competitive market and what it’s doing differently to its rivals to attract people to switch;
• The learnings from Discovery Health and Discovery Vitality, and how Discovery Bank has leveraged these in its products and services;
• Discovery Bank’s technology stack, why it chose the IT solutions it did, and why it built much of its banking solution in-house;
• What’s next from Discovery Bank in terms of solutions; and
• The bank’s plans with AI – and why it believes AI could be a gamechanger.
Lastly, Kallner, a prolific reader, shares two of his favourite non-fiction books with the TechCentral audience.
Don’t miss a great discussion!
23 Mar 2025 English South Africa Technology · Business

Other recent episodes

Meet the CIO | Chris Shortt on what a supermarket becomes

Chris Shortt, chief technology officer at Shoprite Group, says the work of the next five years is meeting the customer at their point of need, wherever that is – and that this does not mean the end of the store. Speaking on TechCentral’s Meet the CIO podcast series, brought to…
9 Sep 43 min

Watts & Wheels | Why electric trucks are beating electric cars to South Africa

South Africa has still not crossed 1% of new vehicle sales going to electric vehicles, well short of the 5% mark at which adoption typically accelerates, The Electric Mission executive director Hiten Parmar told TechCentral’s Watts & Wheels with Wills. Parmar, who heads the non-profit advocacy body and co-founded the…
3 Sep 31 min

Winstone Jordaan on building a national EV charging network

Winstone Jordaan was building charging infrastructure before South Africa had electric cars to plug into it. GridCars began developing its backend platform in 2010. The first EVs arrived in 2013. In this episode of Watts & Wheels with Wills, the GridCars founder tells William Kelly why the hardware was never…
2 Sep 22 min

Watts & Wheels S1E8: ‘Tesla lands in Africa, just not here’

Episode 8 of Watts & Wheels – TechCentral’s electric motoring show – opens with William Kelly on his soapbox, clipboard in hand, and a simple demand: keep left, pass right. Too many South African drivers, he argues, treat the left indicator as an invitation to be overtaken rather than a…
24 Aug 1 hr 11 min