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34 Results from "ABSA Bank"

/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.

/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.

/wealth

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.

/retail

Absa becomes first African member of R3

Barclays' South African unit Absa is boarding the blockchain train, joining the R3 consortium and teaming up with several local banks in an effort to develop the continent’s first distributed ledger-based banking system.

/retail

Absa covers app users' data charges

Barclays' South African unit Absa has struck a deal with mobile network operators that means that its customers will be able to use its app even when they run out of phone data.

/ai

Absa to trial AI-driven chatbots to answer customer queries

Barclays' South African subsidiary Absa is to embark on a trial of chatbots, using artificial intelligence to answer simple customer queries posted over popular smart messaging apps.

/retail

Absa alert warns customers of future spending shortfalls

South Africa's Absa Bank is piloting a new predictive spending alert that warns customers if they are about to go into the red and offers customised options to help them better manage their finances.

/retail

Visa develops spec for chip card biometrics

South Africa’s Absa Bank is to be the first to trial a new Visa specification for fingerprint validation at chip card-enabled ATMs.

/retail

Absa launches Payment Pebble mPOS device

South Africa's Absa has launched Payment Pebble, a headphone-jacked mobile point of sale device for small traders, as it refines its operating model to become a fully digital bank.

/retail

Absa and MTN scramble to tackle SIM-swap fraud

South African bank Absa and mobile operator MTN have formed a task-force to tackle 'SIM-swap fraud' after a spate of cases saw customer accounts emptied.

/retail

Absa crowns HQ with world's largest outdoor LED screens

Absa has stuck the world's largest outdoor LED display screens on the top of its headquarters in Johannesburg, South Africa.

/retail

MasterCard and Absa launch dual debit-credit card with built-in display

South Africa's Absa and MasterCard have unveiled a dual contactless debit and credit card which also includes a display screen for passcodes that secure online payments.