Absa Bank has begun overhauling its extensive automated teller machine (ATM) network — there more than 6 000 of them in the field — adding a new user interface and new self-service features such as the ability to pay certain bills that have special barcodes. It has awarded a giant contract
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Absa, SA’s largest retail bank, is to roll out contactless payment systems by the end of this year. Supported at first by cards that are equipped to make payments by means of tapping them on a reader, these same readers will eventually be able to accept
Absa group chief information officer Len de Villiers is stepping down at the end of the year and says he plans to take time off to “recharge his batteries” before deciding what to do next. The Absa CIO role is one of the biggest and most demanding IT management jobs in SA
Banking group Absa has earmarked 25% of the money it plans to spend on IT on innovation and new products, with the rest going to maintaining and improving existing systems. The bank spent R5bn last year on technology. Christo Vrey, managing executive
Sitting at your desk doing Internet banking may make you feel safe. After all, it is not a bank, where someone can steal your bulging wallet when you step outside. But that friendly e-mail claiming to be from your bank and asking you for your details could cost you and
Banking group Absa and cellular network operator Vodacom have signed a “multimillion-rand agreement”, which they say will “accelarate the pace of mobile innovation and expand the range of banking and mobile services on offer to
Newly appointed Telkom group chief financial officer Jacques Schindehütte has promised to work with CEO Nombulelo Moholi to bring stability to the management team at the partially privatised telecommunications operator. The leadership
Banking group Absa will soon overhaul its ATMs, adding a broad range of functionality to them, and launch mobile banking applications supporting a range of popular smartphone and tablet computer operating systems.It says this is part of its long-term goal of providing a
Banking group Absa has launched a product allowing its customers to apply for personal loans through their cellphones and receive the money in less than 10 minutes. The offering makes loans, ranging from R8 000 to R150 000, immediately available
Banking group Absa said on Tuesday that CashSend, its cardless cash transfer offering, has exceeded R500m in transactions since its launch in late 2008. CashSend allows Absa customers to send money to anyone with