Banking group Absa won’t confirm a launch date, a network partner or whether the MVNO is even still happening.
Browsing: Absa
South Africa’s banks have built thriving mobile businesses on phone numbers and network identities they don’t control.
Absa Group CITO Johnson Idesoh on AI, cybersecurity, software write-downs and the future of banking.
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.
Agentic AI is already reshaping South African banking, writes Absa Business Banking CIO Lindelani Ramukumba.
Absa CTIO Johnson Idesoh says the speed at which software is changing influenced its recent R2.4-billion write-down.
A PwC analysis shows technology investment is accelerating as incumbents face pressure from challenger banks.
Absa has taken a R2.4-billion hit after a strategy shift left software assets with zero recoverable value.
Standard Bank has confirmed the phased roll-out of smart ID application and renewal services at select branches.