Technology entrepreneur Stafford Masie spent two-and-a-half years working on the Payment Pebble smartphone payment device before it was unveiled last week by retail banking giant Absa. The device was engineered and built by Masie’s Centurion-based company Thumbzup, which he wants
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Your hosts Duncan McLeod and Craig Wilson are back with the second episode of the fresh-look TalkCentral podcast. In this week’s show, we look at the top three news stories of the last seven days and pick our winner and loser of the week – this week it’s Absa and Samro. We also
Absa is launching a new piece of hardware called the Pebble that can be used to accept payments from chip-and-pin or magnetic credit and debit cards using a mobile phone, tablet computer or PC. The retail-banking group has introduced the product, which is similar
Banking group Absa has launched a product aimed at tech-savvy young professionals. Called Potentiate, it includes a new bank card with a digital display for showing one-time Pin numbers. The product promises various loyalty benefits and those taking it up can opt to purchase an
Absa has lost another of its top executives. Its managing executive for digital channels, Christo Vrey, has resigned and his deputy, Adrian Vermooten, will fill the vacant position. Vrey left Absa at the end of September. Vrey, who has been with Absa
SA’s largest retail bank, Absa, will release its banking application to its staff next month and to consumers in the first quarter of next year, a spokesman for the company says. The app will be available first to users of Apple iOS and Google Android phones, with other platforms to follow later
Consumers at all of SA’s big banks, with the exception of Nedbank, are paying lower fees than they were last year. This is according to the third annual bank fees report by the Solidarity Research Institute, the research arm of the Solidarity trade union. The report, which was released on
The rand nose-dived against major foreign currencies on Monday hitting a new three-and-a-half year low of R8,97/US$, before recovering slightly. The slide means gadgets and computers are about to get a lot more expensive, though not necessary
Jonas Bogoshi, CEO of JSE-listed technology group Gijima, will step down at the end of the year after five years in the job. In a statement to shareholders, the group’s board says there will be a formal handover period of three months to a new CEO. It has
Net1 UEPS Technologies, the Nasdaq- and JSE-listed technology company that recently won a R10bn tender for the payment of social grants in SA, has won the right to appeal a high court decision that found the tender process was illegal and invalid