Browsing: Nedbank

“You’re being irrational.” No one likes to hear those words. They are the verbal equivalent of a pat on the head. But, like it or not, we are fundamentally irrational beings. And the area in which we should be the most clear-headed, our personal finances, is usually

Online “phishing” fraudsters, who try to con consumers out of their personal banking details to steal their money, target clients of Absa the most, data from a local e-mail company shows. Yossi Hasson, MD of open-source e-mail solutions and network management company Synaq, runs a phishing signature database using

Financial management website 22seven has been live for just a day and already it’s facing its first serious challenge. Some of SA’s big banks have begun warning their customers not to provide their banking login details to the service, which aggregates users’ financial information to give them a graphics-rich picture of their income and spending

Standard Bank and Nedbank have finally offered their opinions on online personal financial management (PFM) start-up 22seven, which has been garnering an enormous amount of attention and controversy from banks and consumers alike since launching on Thursday. Absa and First National Bank have both weighed in

Vodacom has secured a licence from the Financial Services Board to begin selling insurance products directly to its customers as it seeks to broaden its portfolio and expand its revenue streams in a maturing mobile market. There are few details available for now, but TechCentral has established that the cellular network

Vodacom Group chief financial officer Rob Shuter has been named as new CEO of Vodafone in The Netherlands. He will take up the new position on 1 March 2012, and will step down as a director of Vodacom at that time. Shuter, who had previously worked at Nedbank, will have been at

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 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

MTN MobileMoney is introducing an e-commerce payment mechanism called payD that allows SA consumers to buy products and services online using their debit cards. Budget airline 1time is the first company to offer the new online payment technology

Old Mutual has signed a huge IT outsourcing deal with Dimension Data, which is being supported by partners Telkom and Nashua. The contract, worth R2,5bn over its five-year term, will result in Didata and partner Telkom managing