Absa’s bookkeeping was in ‘disarray’ and littered with discrepancies, said the Johannesburg High Court last week as it ...

South African banking group Absa’s forensic team is probing several cases of internet fraud. This follows incidents where three clients in the Western Cape have had money removed from their accounts ...

Absa has quietly changed the default option for payments to other banks from regular electronic funds transfers (EFT) to PayShap, which carries a R7.50 fee for transfers made to regular account ...

Police experts from the commercial crime unit in Cape Town were investigating the illegal internet transfer of funds from Absa bank accounts as reported in the Sunday Times of July 20, a spokesman ...