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
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Absa on Tuesday said it is trialling near-field communications (NFC) payments with 500 of its employees. The trial will be fully underway by the end of January, and the bank intends rolling out the service to consumers shortly thereafter. Some of the initial partners for the programme
Absa has launched what it’s calling SA’s first “live user trial” of near-field communication (NFC) technology on mobile phones. The trial will kick off in mid-December and involve 500 of the bank’s own staff members, operating in a live commercial environment. The system will use NFC capabilities
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
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 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