But as digital payments become the norm, society is contemplating whether a cashless future may just be a reality. But is it achievable – or even desirable? By Nedbank’s Chipo Mushwana.
Browsing: Banking
As of 1 January 2021, Nedbank clients will no longer be able to use cheques as a payment option. In an announcement on Tuesday, the bank said this is because few clients make use of the service.
Podcast | TechCentral’s Duncan McLeod interviews Absa Group CIO Wilhelm Krige about the mammoth project, now mostly completed, of separating the banking giant’s IT systems from former parent Barclays.
Promoted | Nedbank has made big strides with Nedbank Money App Lite, a smaller, less resource-intensive version of its banking app that’s built as “progressive Web app”. The bank’s digital channels head, Tawana Chatikobo, explains.
First National Bank is launching Virtual Card, a digital card solution built into its smartphone app that it believes will make both online and physical payments significantly safer.
Banking group Absa is transferring 32 members of its enterprise resource planning software team to Dimension Data.
Adobe and IBM said on Tuesday they are teaming up to make marketing software easier to use for banks that face strict controls on how customer data must be handled.
TechCentral gets to know Nedbank CIO Fred Swanepoel, a private pilot who is helping lead the bank to build platforms and ecosystems that allow it to engage more deeply with its suppliers and customers
Pick n Pay now allows customers to deposit money directly into their own bank accounts at till points thanks to a partnership with Mastercard, Visa and Absa.
Nedbank now allows merchants to accept payments directly on their phones using tap-to-pay technology. It allows business owners to convert their mobile phones into payment acceptance devices.