Absa empowers 1 800 employees with AWS cloud skills
The bank will have by the end of this year provided 1 776 staff members across Africa with cloud computing skills through its initiative with AWS.
Pick n Pay introduces self-service via WhatsApp
Pick n Pay customers are now able to directly engage with the retail giant, following the introduction of its chat commerce facility available via WhatsApp.
SA banks expect Black Friday ‘bounce’ in online transactions
The big-four banks anticipate a significant uptick in Black Friday digital transactions, as the easing of lockdown improves the country’s GDP rate.
SA banks caught up in ransomware attack on debt collector
FNB, Absa, Standard Bank and African Bank are some of the banks that make use of Debt-IN’s services and have confirmed the impact of the ransomware attack on their businesses.
Absa hunts for digital collaborators across Africa
The bank wants to grow its digital partnerships ecosystem across the continent, after roping in HYBR and SystemicLogic to identify potential partners.
Absa, Hein Wagner launch cyber security academy for the blind
The bank plans to open SA’s first cyber security academy for the visually-impaired, in partnership with the Hein Wagner Academy.
Platform economy takes centre stage in Africa’s banking sector
The pandemic forced banks to aggressively reposition their business models, reshaping how customers are served, says Standard Bank
Patrice Motsepe, Absa launch R6.5bn renewable energy fund
African Rainbow Energy will cover 31 renewable assets, making it one of the largest independently-owned energy businesses in SA.
Fintech start-up Revio secures R15m seed funding
The start-up, which is focused on the South African market currently, plans to formally launch in East Africa in 2022.
Shoring up defences amid increasing data exposure threats
While vigilance remains everyone’s responsibility, the CSO’s role is continually expanding to incorporate a deeper understanding of the human psyche.
AI plus humans needed to combat financial crime
Artificial intelligence has made great strides in flagging suspicious banking activities, but expert skills and human discernment cannot be discounted in the process.