Browsing: Arrie Rautenbach

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 on Thursday launched Features Store, a new platform it says will give its customers full control over their own transactional banking needs. The online platform is intended to be a one-stop shop where Absa clients can acquire new banking

Absa and Telkom are cosying up over broadband. The two companies said on Monday that they had signed a collaboration agreement in terms of which Telkom will offer Absa customers rewards when subscribing to Telkom’s broadband products. The agreement

Absa has released its transactional banking application for BlackBerry devices, but only for those phones running the older BlackBerry 5, 6 and 7 operating systems. The bank already has apps for iPhone and Android and recently launched a version for BlackBerry’s new Z10 smartphone, which is powered

Three weeks ago, in mid-April, Absa became the last of South Africa’s big banks to launch a mobile transactional banking application for smartphones and tablets, beating at the finish line by First National Bank, Standard Bank, Nedbank and Investec. But Absa, South Africa’s

Banking group Absa has launched its first mobile bank branch on a trial basis in the rural town of Idutywa in the Eastern Cape, where the bank’s bricks-and-mortar branch was destroyed in a fire. The “Branch on the move” concept is designed to simulate

Banking group Absa has launched a product aimed at tech-savvy young professionals. Called Potentiate, it includes a new bank card with a digital display for showing one-time Pin numbers. The product promises various loyalty benefits and those taking it up can opt to purchase an

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