The skills crisis in the cybersecurity field in South Africa is so severe that the major banks have reached a “gentleman’s agreement” not to poach each other’s staff for fear of exacerbating the situation.
Absa Group has successfully migrated its banking platform, used by its subsidiaries, from the UK, where it was run by Barclays, to South Africa.
Is the rise of bitcoin analogous to the spread of an infectious disease? Analysts at Barclays saw enough similarities to develop a pricing model for the cryptocurrency that takes its cues from the world of epidemiology
Apple’s offer to replace iPhone batteries cheaply may cut sales of new handsets by millions of units this year, according to Barclays analyst Mark Moskowitz. The Cupertino, California-based company recently said it intentionally
Barclays will need to defend its advantages in the payments business from encroachment by technology companies including Amazon.com and Apple, according to CEO Jes Staley. “There are some tectonic shifts going on, driven
Spending on IT at Absa parent Barclays Africa Group spiked by 17% to reach R7,4bn in the 2016 financial year ended 31 December, accounting for 19% of group costs. And the figure looks set to rise further still. Barclays Africa Group said on
Abraaj Group, the private equity firm that invests across emerging markets, is interested in buying Barclays Group’s African business, CEO Arif Naqvi said. “It’s a very fine bank run by a very fine
For the last few years, Barclays’ annual research reports about the music industry reflected the challenges of a business in transition — or, more specifically, one that had slowed a rapid decline but had not returned to growth. In 2014, as track sales fell, the
Absa customers will no longer have to ensure that they have an active data bundle to transact via the online application, the bank has announced. The Barclays-owned group said that it had concluded deals with network operators to offer
The new accelerator programme for financial technology start-ups backed by Barclays Africa and US accelerator Techstars has announced the names of 10 companies that have been selected to take part. More than 400 applications had been received
