Promoted | Absa Group, in partnership with PureSoftware, has launched a digital wallet, Spark by Absa, in Botswana.
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Absa has appointed long-serving executive Arrie Rautenbach as its new CEO, replacing Daniel Mminele, who resigned last year after clashing with the banking group’s board.
Absa-banked merchants can now accept card payments directly on their mobile phones, without the need for a point-of-sale terminal.
The constitutional court has upheld a ruling by a lower court that allowed the government to renege on salary increases for public servants.
Big changes are coming to South Africa’s payments industry that will shake up the financial services sector, according to BankservAfrica CEO Jan Pilbauer.
Absa Bank has joined the Hyperledger Foundation, an open, global ecosystem for enterprise blockchain technologies.
The news earlier this week that Apple plans to allow merchants to accept contactless payments directly on iPhones has stirred a great a deal of interest.
Since much of Africa’s population has limited access to financial services, the continent is one of the world’s most attractive banking opportunities as incomes rise.
Public net sentiment towards Absa has jumped in the past year, an analysis of hundreds of thousands of social media conversations shows.
Absa Group said on Thursday that its partnership with Amazon Web Services to train employees in cloud computing skills will see almost 1 800 people benefit.