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.
Absa intros online portal to boost supply opportunities for SMMEs
The financial services group unveils the Absa Procurement Marketplace, giving small, medium and micro enterprises access to Absa corporate supply opportunities.
AYO to approach courts over PIC investigation report
The tech company’s chairman says there is no evidence of misconduct and no irregularity is shown in the report.
Ombud records drop in Internet banking fraud cases
The banking services ombudsman sees a decline in Internet banking fraud disputes, which normally account for the largest category of complaints.
Absa introduces QR payments
The bank’s customers can now scan any QR code in the market and Absa will process payments without the need to download any other service provider apps.
TransUnion tech helps protect clients affected by data leak
Ford Credit and Absa deploy TransUnion’s identity theft technology to safeguard the personal data of customers affected by a data leak.
Ford Credit customers affected by Absa data leak
Ongoing investigations into the Absa data leak reveal an additional group of customers belonging to Absa and Ford Credit had been compromised.
Absa partners AWS to launch cloud skills incubator
The initiative will equip more than 1 500 staff across the bank’s African operations with advanced cloud computing skills this year.
Apple Pay finally comes to SA
Absa, Discovery Bank and Nedbank clients are the first to get the digital wallet service in the country.
SA banks see new opportunities in virtual, augmented reality
South African banks are redefining their banking services to create immersive customer experiences using virtual reality and augmented reality technologies.
SA banks to trial second phase of SARB's blockchain project
Absa, First National Bank, Nedbank and Standard Bank are among the entities that will explore the use of digital currency, as part of the Project Khokha 2 project.