SA consumers have all but abandoned the chequebook as a means of payment, with corporate use declining severely in recent years, as technology takes over. Apart from the obvious security problems with cheques, the lower cost and added convenience of electronic channels mean chequebooks could soon join audio
Browsing: Absa
A fresh row may be brewing over banking clients sharing their Internet banking details with online personal financial management (PFM) sites after Nedbank on Thursday announced it was launching its own PFM product in which it will allow
“Steve” from “Beep Bank” has become something of a meme among SA consumers. The First National Bank advertisements, which poke fun at the company’s rivals, imploring consumers to switch banks, have become the subject of everyday conversation, with people regularly wondering aloud which bank “Steve” really works for
Six men appeared in the Pretoria specialised commercial crime court on Monday in connection with credit card fraud involving millions, the Hawks said. The men, two South Africans, two Nigerians, one Burundian and a Democratic Republic of Congo citizen, would remain in custody until their next court
Absa will make available an online banking application for smartphones either in the fourth quarter of 2012 or in the first quarter of 2013, Christo Vrey, the bank’s managing executive for digital channels, has revealed in an interview with TechCentral. “There is a chance for the fourth quarter
Absa’s online banking website was available only intermittently on Friday, with some users experiencing slow access and other users unable to access the service at all. This follows an interruption to services at the end of May which left many customers frustrated and saw the bank extend its clearing times
Standard Bank has become the latest SA bank to launch a mobile transactional banking app. The app appeared on Apple’s App Store for iOS devices on Tuesday. Moneyweb, a financial news website, reported on Wednesday that the app was in both the Apple and Google
Nedbank launched its mobile banking application, called the Nedbank App Suite, to its staff on Monday. The bank says it will be available to the public from the beginning of August. The app has taken two years to develop and is only the third in the
There’s a new personal financial management website in town and it’s upping the stakes in an increasingly competitive market by offering its service completely free of charge. Pastel My Money is free to all users, even if they’re not current Pastel customers. PFM tools have enjoyed prominence in SA in the
TalkCentral is back for another episode. This week, your hosts Duncan McLeod and Craig Wilson sit down to chat about a wide range of issues. We cover everything from Friday’s big Square Kilometre Array announcement to the battle between Cell C and Vodacom over tariffs. Also on the agenda this