ABSA
Absa Launches Search for Digital Partners Across Africa
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Yolisa Skwintshi of Eskom PPF on Women in the C-Suite & Digital Transformation
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Absa Group Appoints New Chief Risk Officer
Absa has appointed Deon Raju as the new Group Chief Risk Officer – effective 1 June 2021. Raju is currently Absa Group Treasurer, primarily responsible for the liquidity risk, funding, capital, and non-traded market risks of the Group. He has been with Absa for more than 20 years, having held roles including in Enterprise Risk, Finance, Investment Banking, Credit Portfolio Management and Global Markets. He is a seasoned banking professional with deep institutional knowledge of the Group, as well extensive and diversified banking experience in business, finance and risk management. Raju is a Chartered Accountant and a Chartered Financial Analyst. He holds a BCom (Honours) from the University of Natal and is currently completing an MSc in Finance at the University of Michigan (Dearborn). “De...
Absa Partners with AWS to Launch Cloud Computing Skills Incubator
Image sourced from Wikiwand Absa has launched a cloud incubator initiative in collaboration with Amazon Web Services (AWS) to enhance its cloud computing skills across its operations in Africa. This move is part of Absa’s broader efforts to promote learning, experimentation and innovation across the organisation to enhance the banking experience for its customers. By migrating to the cloud, companies can eliminate the expense of building and managing on-site data centres while gaining the ability to reduce infrastructure costs and scale up and down rather than paying for excess on-premises capacity. “Cloud is rapidly becoming the norm for large companies, a trend that was accelerated by the COVID-19 pandemic, which prompted a step-change in digital solutions,” says Andrew Baker, Absa ...
Apple Pay Launches in South Africa
Image sourced from BusinessTech Apple Pay – Apple’s digital payment platform – is now available in South Africa. The service allows users to load their bank cards – from supported banks like Absa, Discovery Bank, and Nedbank – onto their Apple devices in order to make contactless payments. According to Discovery Bank, every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay users can also make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. “We are thrilled to announce Apple Pay is here for all Discovery Bank clients, providing an easy, secure and contactless way to pay,...
Absa Confirms Client Data Breach
Image sourced from Wikiwand Absa bank has confirmed a data breach which exposed the personal information of a number of clients. The FSP has also pinned the leak on one of its employees who “acted unlawfully”. “Absa advises that an employee has unlawfully made selected customer data available to a small number of external parties,” says Absa to MyBroadband. “The leaked data relates to a small portion of Absa South Africa’s customer base to date, although investigations continue.” In an email to clients, the banks says “we regret to notify you that Absa has identified an isolated internal data leak whereby personal information of a limited number of Absa customers was shared with parties external to the bank”. “Unfortunately, some of your personal information formed part of this data w...
Experian was not ‘Hacked’, says CEO
Sourced from Republic Title Experian CEO Ferdie Pieterse says that the business and credit information services agency was “in no way, shape, or form” hacked. This comes after the company confirmed that the personal information of nearly 24 million South Africans was breached. Pieterse adds that none of their systems, databases or records was ever penetrated or hacked. Instead, the fraudsters used social engineering tricks to present themselves as a legitimate Experian client, this resulted in the “release of information which is provided in the ordinary course of business or which is publicly available” – potentially including First and last names, ID numbers, Telephone numbers, Physical addresses, and Email addresses. The South African Banking Risk Information Centre (SABRIC) says t...
24 Million South Africans at Risk After Experian Hack
South Africa has just been hit a major data breach that may have put the personal information of as many as 24 million South Africans at risk. This information could include First and last names, ID numbers, Telephone numbers, Physical addresses and Email addresses. Experian South Africa – business and credit information services agency – has confirmed that “an individual in South Africa, purporting to represent a legitimate client, fraudulently requested services from Experian”. This resulted in the “release of information which is provided in the ordinary course of business or which is publicly available.” The South African Banking Risk Information Centre (SABRIC) says that “Banks have been working with Experian and SABRIC to identify which of their customers may have been exposed to the...
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