Articles with tag: absa

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Surecomp, Absa Group to roll out pan-African trade finance digitisation across 10 countries

News | E-invoicing, SCF & E-procurement | 12 Jan 2021

Canada-based trade finance solutions provider Surecomp has announced that South Africa-based bank Absa Group has implemented its back-office trade finance solution IMEX in 10 countries.

Surecomp, Absa Group, Africa, trade finance, digitisation, IMEX, South Africa, bank

South African Revenue Service to discontinue use of cheques from 2021

News | Online Payments | 13 Nov 2020

The South African Revenue Service (SARS) has announced it will discontinue the use of cheques from 2021.

SARS, The South African Revenue Service, cheque, contactless payments, South Africa, payments, EFT, ABSA, Capitec, FNB, Nedbank, Standard Bank

ARO, Fiserv partner for card management and processing in Africa

News | Cards | 04 Aug 2020

Payments fintech Fiserv has announced a partnership with Absa Regional Operations (ARO) to support credit card management and processing in nine African nations. 

Absa ARO, Fiserv, card management, card processing, Africa, Absa Regional Operations, card platform, Barclays, Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, Tanzania, Uganda, Zambia, FirstVission, processing, risk management, loyalty programme, card issuing, API, application development

CDC adds 75 mln to its trade finance deal with Absa

News | E-invoicing, SCF & E-procurement | 31 Jul 2020

CDC, a UK-based development finance institution, has announced an additional USD 75 million commitment to its existing trade finance facility with Absa Bank.

CDC, Absa, UK, BANKS, Africa, trade finance, supply chains, SCF, COVID-19, coronavirus, pandemic, partnership, International Chamber of Commerce

AfDB signs USD 250 mln agreement with ABSA bank

News | E-invoicing, SCF & E-procurement | 19 Nov 2019

The African Development Bank (AfDB) has signed an unfunded USD 250-million Risk Participation Agreement (RPA) facility with ABSA bank.

The African Development Bank, AfDB, ABSA bank, risk participation agreement, trade finance, African Issuing Banks, Africa, RPA programme, Africa Investment Form

Barclays Ghana to intensify trade finance offering as it transitions to Absa

News | E-invoicing, SCF & E-procurement | 27 Jun 2019

Barclays Bank Ghana has announced it will intensify its trade finance support for businesses in Ghana as it transitions to Absa.

Barclays Ghana, Absa, trade finance initiative, Ghana, Africa, trade finance support, SMEs, trade finance facility, trade loan, lending,

Societe Generale, Absa sign MoU to launch pan-african wholesale banking offering

News | Payments General | 24 Jan 2019

Financial services companies Societe Generale and Absa Group have signed a memorandum of understanding (MOU) to roll out a pan-African wholesale banking offering.

Societe Generale, Absa, wholesale banking, South Africa, MoU, finance

Africas Absa Group launches WhatsApp banking

News | Payments General | 02 Aug 2018

South Africa’s Absa Group has launched WhatsApp banking, in a bid to become a digitally led African bank.

Africa, Absa Group, bank, mobile banking, WhatsApp, Barclays PLC

More African banks adopting the SWIFT gpi service

News | Payments General | 24 May 2018

15 banks across Africa have signed up to SWIFT’s global payments innovation (gpi) system for cross-border payments.

African banks, SWIFT gpi, cross-border payments, Standard Bank of South Africa, FirstRand Bank, ABSA Bank, Nedbank

Absa Bank, Hello Soda to address financial inclusion in Africa

News | Online & Mobile Banking | 19 Jul 2017

Absa Bank, a subsidiary of Barclays Africa, has partnered with big data company Hello Soda, as it looks to tap into the millennial market.

Absa Bank, Hello Soda, financial inclusion, Africa, big data, loan, banking