Browsing: Absa

Absa’s online and mobile portals went down on Friday, with the bank directing frustrated customers to its branches and ATMs. But it’s still keeping mum about what exactly went wrong on the busiest banking day of the month. The services were available intermittently early

Absa’s online banking portals went down on Friday morning, leaving users unable to access its existing Internet banking site or its new Absa Online platform that it launched on Tuesday. Absa’s mobile banking service was also affected. “Absa takes note of the technical problem with its Internet and

Absa on Tuesday released a beta version of its new online banking portal that includes the first steps into personal financial management software.
The widget-based layout is fully customisable and will become the default digital platform for its clients in months to come. Adrian Vermooten, Absa’s deputy

Absa says it is working on smartphone banking applications in the wake of the launch on Tuesday of its overhauled online banking platform. It says the new platform, which took two years to develop, is a necessary step to launching dedicated banking apps for mobile devices. Adrian Vermooten, Absa’s deputy managing

JSE-listed IT services company Gijima has warned it’s going to have to cut jobs to reduce its payroll costs by between 8% and 12%. As part of what it calls an “internal people optimisation strategy”, Gijima plans to “streamline” its operations and restructure its

Absa has withdrawn the notices of retrenchment given to its IT employees, finance union Sasbo said on Monday. “In a letter to Sasbo, the bank advised it would withdraw the notices of retrenchment sent to IT staff today [Monday],” Sasbo assistant general

Almost 140 Absa employees are being forced to resign from the company in order to circumvent a mass retrenchment, trade union Solidarity said on Thursday. “Employees at Absa were notified by e-mail this week that they will be retrenched on 9 June. This came in spite of Absa’s continued denial that

22seven is no longer in beta. It will offer users a 30-day free trial, after which the service will cost R70/month. There is no contractual commitment and users can opt out at any time. CEO Christo Davel says mobile applications are inevitable, but won’t commit to a timeline for their launch

First National Bank this week lifted the lid on a new payment mechanism that uses the GPS feature in modern smartphones. It won’t result in the much-hyped cashless society, but it could greatly reduce South Africans’ reliance on cash over time. The new payment feature, which is included in an update to

First National Bank is launching a new payment service that allows users of its mobile app to make payments to one another without needing to exchange banking details, provided they are near to one another. The service uses the GPS chips built into modern mobile devices, with authentication provided by the