Absa is moving cash out of its branches

Absa is moving cash out of its branches

Absa is scaling back over-the-counter cash services in its South African branches. Teller cash will remain available only at “selected branches”, as the bank pushes routine transactions to ATMs, self-service devices and, in future, local businesses acting as banking agents. The bank announced the changes on Thursday, presenting them as a modernisation of its branch,…

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Why value-added distribution is moving to the marketplace

Why value-added distribution is moving to the marketplace

Traci Maynard, ICT channel and partnership specialist. The traditional IT distribution model − where a vendor builds a product, a distributor stocks it, a partner sells it and a customer uses it is rapidly becoming a relic of the past. This linear hierarchy is being dismantled by a digital-first world that favours integrated, marketplace-driven ecosystems….

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