Absa Mobile Banking on the Worldstage

As I follow mobile banking events all the time, I found the following two news-items interesting. The first is a reference of my friend Christo Vrey (head of Absa Mobile Banking) that would be traveling to abroad to "teach the US cellphone banking". Just to state my position, I am of the opinion that South African mobile banking experts can teach a lot of people a lot of things regarding cellphone banking. However, I would not be as bold to brief a reporter to write such an article as this. Anyhow, intrigued as I am about the conference, I checked the speakers. The official website of the conference that Christo will "address ... in New York on the issue" did not have him on as a speaker. Mmmm...

Mobile Banking at 30 000ft

This is my friends at Absa again. They really know how to innovate. The latest "first" is to have two bankers from Absa on every 1time flight. This means it is now possible to do your banking at 30 000 ft, without even having to log on our visit your branch. (Read more here).

It is possibly only with the fees that is charged by Absa (very high) and the fees charged by 1Time (very low) that this venture actually have a business case.

PS. I am a client of Absa (both in my personal capacity and as a business)