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Absa Bank

Cloud Computing

Absa Bank Kenya Partners with Huawei to Accelerate Digital Transformation

Luis Monzon -
Absa Bank Kenya has announced a new partnership with Huawei on a SD-WAN Solution to build a new digital foundation for branch networks. To meet the digital transformation requirements, Huawei and Absa Bank Kenya's technical team conducted in-depth discussions and...
General

South Africa’s Manufacturing Sector is Shaken, says Absa

Luis Monzon -
Confidence levels across the manufacturing sector in South Africa dropped 14 points to 29 in the second quarter, according to the latest Absa Manufacturing survey. “After a fairly upbeat set of results in the first quarter of 2022, additional headwinds...
FinTech

How Bankingly is Transforming Africa’s Fintech Industry with Simple, Smart Solutions

Luis Monzon -
As the world takes base in this technological era, it becomes clearer that the future of banking is digital. Fintechs continue to deconstruct the traditional banking system, and future-focused financial industries are joining the bandwagon. Brick and mortar banks...
People

South Africa’s Absa Bank Appoints New CEO

Luis Monzon -
South Africa's Absa Bank Group has appointed Arrie Rautenbach as its new CEO effective immediately. Rautenbach had currently been serving as Absa's head of retail and business banking and will now be leaping to the head of the banking group,...
Online & Social

Absa is Now Letting Android Users Turn Their Phones Into Card Machines

Luis Monzon -
Absa, one of South Africa's Big Four Banks, has today announced the launch of its new Absa Mobile Pay app in conjunction with technology firm WIZZIT Digital. This latest innovation that Absa is calling "a market-first, mobile payment acceptance solution"...
Company News

Absa Signs 3 New Deals to Support Africa’s Growing Tech Space

Luis Monzon -
South Africa's Absa Group, one of the country's Big Four lenders, has signed agreements with the Meltwater Entrepreneurial School of Technology (MEST) in Ghana, the Cape Innovation and Technology Initiative (CiTi) and Grindstone in South Africa in efforts support...
Company News

Absa Bank Teams Up With Salesforce

Luis Monzon -
Absa Bank has signed a long-term contract with Salesforce, a global leader in customer relationship management (CRM) solutions, to "bring about a step-change in servicing individual and business-banking customers as the bank accelerates its digitisation programme," according to the...
Cloud Computing

Absa Brings Cloud Computing Skills to Thousands Across Africa

Luis Monzon -
Absa Group says that it is set to exceed its goal of equipping 1,500 staff members across Africa with cloud-computing skills this year through its cloud incubator initiative. Absa launched the cloud incubator programme in March to support its...
Artificial Intelligence

Absa Launches Facial Recognition Tech in South Africa

Luis Monzon -
Absa, one of South Africa's largest banks and a pan-African lender, has officially launched facial recognition technology in its Android and iOS apps, which some users will need to utilize to authenticate certain transactions through facial scans. "Technology is leaping...
FinTech

Absa Plans $636-Million Black Empowerment Deal for Staff & Investors

Luis Monzon -
Absa, one of South Africa's largest banks, is currently planning a $636-million (R9,4-billion) transaction which could possibly see 8% of the lender's shares given to staff and third-party investors. Further, Media24 reports, the transaction will enable all of Absa's employees...
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Latest News

EducationMamsi Nkosi -

NAMFISA Empowers Consumers with New Education Portal

NAMFISA, in collaboration with Green Enterprise Solutions (Green), officially launched its Consumer Education Website. Held at NAMFISA’s Head Office in...
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