ABSA Bank

39 results about this entity

Period: 07 Oct 2004 - 14 Aug 2023

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/wholesale

Absa CIB joins Contour trade finance network

Contour, the leading digital trade finance network, announced that leading Pan-African bank, Absa Corporate and Investment Bank (CIB), is the first African bank to officially join its growing production network.

South Africa readies for real-time low value payments

/payments

South Africa readies for real-time low value payments

South Africa's top four banks are to begin the roll out of Payshap, a low value, interbank, real-time digital payments service aimed at increasing financial inclusion to the underbanked segement.

/retail

Absa introduces digital account opening

We live in an increasingly digital and inter-connected world, driven in large part by a collective reliance on mobile phone technology.

Absa rolls out upgraded Surecomp software across ten African countries

Surecomp, the leading provider of global trade finance solutions for banks and corporates, today announced that South African bank Absa Group has gone live with the latest version of its back-office trade finance solution IMEX in 10 countries across the continent as part of their ongoing digitisation initiatives.

Absa warns of data leak by rogue employee

/security

Absa warns of data leak by rogue employee

South African bank Absa has warned customers that a rogue employee sold on some of their personal data to an external third party.

Absa registers 10,000 customers in first four months for for chat banking on WhatsApp

More than 10 000 customers have registered since Absa launched its secure, private and fully integrated ChatBanking on WhatsApp service on 11 July 2018.

/payments

Absa ARO moves to Fiserv for card management across nine African nations

Fiserv, Inc. (NASDAQ:FISV) a leading global provider of payments and financial services technology, today announced that Absa Regional Operations (ARO) has moved to Fiserv to support credit card management and processing in nine African nations.

/startups

Absa invests in A2X Markets

A2X Markets is pleased to announce that Absa has become the first major South African bank to invest in the start-up stock exchange which began trading in October 2017.

/payments

Absa rolls out PowerCard from HPS across Africa

HPS, a leading multinational provider of payment solutions, today announces that it has completed the modernisation of Absa’s African Operations outside of South Africa (“ARO”) acquiring payments infrastructure journey.

/security

Fraudsters using Absa’s refreshed brand identity to scam South Africans

On 11 July 2018 our Group name changed from Barclays Africa Group Limited to Absa Group Limited. We also launched our refreshed brand as an expression of our new identity, marking the start of one of the largest rebranding programmes Africa has seen.

FinextraTV @ Sibos2019 – The Big Themes #2: Leveraging Data

FinextraTV @ Sibos2019 – The Big Themes #2: Leveraging Data

FinextraTV reports from Sibos 2019 in London on how the industry is Leveraging Data. In this, second of three Sibos reports, we learn about how Banks are increasingly looking to develop a more formal strategy to better manage their data, the challenges leveraging data helps overcome and some of the new and improved services that are coming to market as a result. Barclays, LLoyds, BAML, Natwest, SEB, DBS Bank, Westpac, JPMorgan, Standard Chartered, Société Générale, Nordea, ING, Emirates NBD, and Absa are among the many leading institutions to share their views exclusively with Finextra Research. Become a Finextra member now and be sure not to miss: Sibos2019 Big Themes: Regulation…

/security

Absa to reverse and refund fraudulent debit orders

Absa Group Limited has stepped up efforts to combat a recent spike in illicit debit orders and will file criminal charges against those suspected of being responsible.

/devops

Absa encourages young coding talent with The Digital Academy

Absa and The Digital Academy hosted a technology showcase on 31 January 2019 to unveil solutions and applications built by The Digital Academy interns as part of a six-month programme aimed at helping to bridge a skills shortage in the technology and banking sectors.

/inclusion

Absa Innovation Lab to host World Bank's Mission Billion Challenge

The World Bank’s Identification for Development (ID4D) Initiative is partnering with WorkInProgress, an Absa Innovation Lab in Cape Town, to host a ‘solveathon’ workshop for the inaugural Mission Billion Challenge.

Absa introduces app-based account opening

We live in an increasingly digital and inter-connected world, driven in large part by a collective reliance on mobile phone technology.

Absa offers early access to Samsung Pay

Absa has partnered with Samsung South Africa to offer its customers early access to Samsung Pay before the service is commercially launched in South Africa.

Absa goes live with Finastra PAYplus for CLS

Finastra today announced that Absa Bank Limited is using its PAYplus for CLS platform to support the bank’s direct participation in CLS settlement, which provides continuous linked settlement services for the global foreign exchange market.

Absa joins CLS as a new settlement member

CLS Group (CLS), a market infrastructure delivering settlement, processing and data solutions, today announced that Absa Bank Limited (Absa) has joined as a settlement member.

Absa rolls out Virtual Investor

Absa rolls out Virtual Investor

Absa has launched Virtual Investor, an online self-service investment platform that uses algorithms to recommend a product for customers based on their financial attitudes to risk.

Absa launches home loan estimator

Absa addresses the challenge of affordability with the launch of its Home Loan Estimator.

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