Absa Group on Monday said CEO Arrie Rautenbach will take early retirement from the company.
Browsing: Banking
Many financial institutions are held hostage by legacy systems that consume the lion’s share of their IT budgets.
The banking industry has seen a spike in clients being “duped” by fraudsters posing as bank or tax officials.
Cloud migration projects are making way in South African banks’ IT budgets for AI and cybersecurity.
Digital bank TymeBank will have a new CEO from October. Karl Westvig will take the reins from Coenraad Jonker.
Standard Bank has denied reports that it has suffered a security breach after some clients complained of “dodgy” transactions on their accounts.
FNB has warned that cybercriminals are exploiting new and sophisticated attacks involving digital wallets.
TymeBank is raising $150-million to build scale as it prepares for an initial public offering, its CEO said.
Many point-of-sale terminals in circulation in South Africa support only 2G and 3G networks and must be replaced.
Marshall brings extensive expertise in helping businesses navigate the complex challenges of financial crime.