{"id":35274,"date":"2013-04-10T11:15:12","date_gmt":"2013-04-10T09:15:12","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=35274"},"modified":"2013-04-10T11:21:42","modified_gmt":"2013-04-10T09:21:42","slug":"absa-unveils-banking-app","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/35274\/absa-unveils-banking-app\/","title":{"rendered":"Absa unveils banking app"},"content":{"rendered":"<p><a title=\"Absa\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1877-Absa-Bank\">Absa<\/a>, South Africa\u2019s largest bank by client numbers, has on Wednesday (10 April), launched its long anticipated banking app for mobile and tablet.<\/p>\n<p>Absa said the app would be the first real, native financial services app for smartphones and tablets in South Africa, available for both retail and business customers.<\/p>\n<p>It is currently available for Android and Apple devices with support for BlackBerry devices expected to be released within the next eight weeks.<\/p>\n<p>\u201cOur app is optimised for smartphone and tablet screens and encompasses a visually rich interface,\u201d said <a title=\"Arrie Rautenbach\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/4707-Arrie-Rautenbach\">Arrie Rautenbach<\/a>, Absa head of retail banking.<\/p>\n<p>\u201cThe new technology, which also integrates seamlessly with all other Absa digital banking channels incorporates many aspects of traditional transactional services, whilst combining smart device features such as your GPS location to allow for easy and instant search to the closest Absa branch or ATM,\u201d Rautenbach said.<\/p>\n<p>The app utilises a devices contacts to make the sending of airtime or cash to friends and family quick and easy, the bank said.<\/p>\n<p>It noted that these and other unique features such as the addition of an images library are just some of the enhanced functionality features that customers can expect to see as new features and upgrades rolled out every eight weeks.<\/p>\n<p>\u201cThe launch of our app simplifies our customer experience, while permitting us integrated digital presence in Africa that offers customers internet banking in 11 countries, mobile banking in 6 countries and a financial services App in 6 countries,\u201d Rautenbach said.<\/p>\n<p>The bank, which boasts\u00a012.2 million clients,\u00a0had originally earmarked a launch date of Q4 2011, but that was extended into 2012 due to problems with its back-end system. The delay was extended further into Q1 2013.<\/p>\n<p>The app was trialled by a select group of Absa\u2019s staff in November.<\/p>\n<p><iframe loading=\"lazy\" src=\"http:\/\/www.youtube.com\/embed\/3LX4VX-AeFw\" height=\"338\" width=\"600\" allowfullscreen=\"\" frameborder=\"0\"><\/iframe><\/p>\n<p><strong>Absa journey<\/strong><\/p>\n<p>Absa embarked on a digital journey with an upgrade to its online platform \u2013 absa.co.za \u2013 in 2011. This was followed by a refresh of its ATM software and hardware capabilities.<\/p>\n<p>Following the release of the group\u2019s annual results in February,\u00a0Rautenbach said:\u00a0\u201cOne of biggest growth was seen in cellphone banking client base which grew by over one million customers last year to 4.2 million.\u00a0 Over 40% of personal loans approved were initiated via digital channels.\u201d<\/p>\n<p>\u201cThere is no doubt that digital is the future of banking, hence Absa is committed to building significant digital capacity and capabilities in order to make the lives of its customers much easier,\u201d he said.<\/p>\n<h3 class=\"my-4\">More on banking apps<\/h3>\n<p><a title=\"Absa banking app finally ready?\" href=\"http:\/\/businesstech.co.za\/news\/banking\/34336\/absa-banking-app-finally-ready\/\"><strong>Absa banking app finally ready?<\/strong><\/a><\/p>\n<p><a title=\"FNB\u2019s digital boom\" href=\"http:\/\/businesstech.co.za\/news\/banking\/32902\/fnbs-digital-boom\/\"><strong>FNB\u2019s digital boom<\/strong><\/a><\/p>\n<p><a title=\"Absa banking app \u2013 last out the door\" href=\"http:\/\/businesstech.co.za\/news\/banking\/17050\/absa-banking-app-last-out-the-door\/\"><strong>Absa banking app \u2013 last out the door<\/strong><\/a><\/p>\n<p><a title=\"Absa intros LCD, NFC card\" href=\"http:\/\/businesstech.co.za\/news\/banking\/26926\/absa-intros-lcd-nfc-card\/\"><strong>Absa intros LCD, NFC card<\/strong><\/a><\/p>\n<p><a title=\"Digital the future of banking: Absa\" href=\"http:\/\/businesstech.co.za\/news\/banking\/31676\/digital-the-future-of-banking-absa\/\"><strong>Digital the future of banking: Absa<\/strong><\/a><\/p>\n<p><strong><a title=\"Absa intros LCD, NFC card\" href=\"http:\/\/businesstech.co.za\/news\/banking\/26926\/absa-intros-lcd-nfc-card\/\">Absa intros LCD, NFC card<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Absa has launched its long anticipated banking app for mobile and tablet.<\/p>\n","protected":false},"author":9,"featured_media":15479,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[29,685,1039,51,161,26],"class_list":["post-35274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-absa","tag-android","tag-app","tag-apple","tag-blackberry","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/35274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=35274"}],"version-history":[{"count":10,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/35274\/revisions"}],"predecessor-version":[{"id":35286,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/35274\/revisions\/35286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/15479"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=35274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=35274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=35274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}