South Africa’s banks have a structural advantage telecoms operators cannot cross. They may not have long to use it.
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Banking group Absa won’t confirm a launch date, a network partner or whether the MVNO is even still happening.
Identity, credit scoring and liability all assume a human customer – an assumption agentic AI is breaking.
Absa Group CITO Johnson Idesoh on AI, cybersecurity, software write-downs and the future of banking.
Retail group Pepkor has announced a launch date for its new bank and set a target customer base for its first five years.
GoTyme’s CEO is candid about churn risk as the bank completes its rebrand from TymeBank and moves clients onto a new app.
South Africa’s banks are taking divergent paths on AI, with Investec insisting people, not machines, define the institution.
Group CITO Johnson Idesoh says the bank will deploy “super agents” to scan its systems and shorten patch cycles.
Ray Naicker left Nedbank in January and is expected to commence his new role in the third quarter of this year.
Fenergo explains why AI governance is now central to growth and trust in South African financial services.