AWARDS Global Finance Innovators Award 2022 Absa | Corporate and Investment Banking > Insights and Events > Global Finance Innovators 2022 Award SHARE We are proud to have been recognised as the most innovative bank in Africa at the annual Global Finance Innovators Awards 2022 for the second consecutive year. Our Pan-African Cash Management Payments and Billers Product capability, Trade Management Online platform and Real-time Clearing API innovations enable us to achieve this accolade. Our in-depth understanding of the African continent, its regulatory framework, transactional landscape, payment and settlement infrastructure has enabled us to tailor cash management solutions to optimise clients' business operations. Our Transactional Banking Cash Management value propositions are supported by secure and bespoke online and integrated Host and Online Banking Channels. The Billers and Float Management solutions that we offer, provide simple, secure and cost-effective collections and float purchase capabilities, which give clients full control of their receivables and cashflow. Our API technology enables our clients to embed payments directly into their processes. This enables our clients to improve the beneficiary's experience. The payments are fully automated, with no manual intervention of any kind, which keeps costs down and reduces payment processing errors. The real-time credit to the beneficiary builds trust for our clients. Our award-winning Trade Management Online platform is a secure digital innovation that offers our Corporate and Business Banking clients 24/7 access to our comprehensive range of Trade Finance solutions. The contacts people for these products are: Thabo Makoko, Head of Pan Africa Cash Management, Transactional Banking Bohani Hlungwane, Head of Trade and Working Capital, Pan Africa https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles RISK MANAGEMENT Africa’s financial markets stride forward with reforms, as capital dabbles in emerging markets Rocky trade relations and troubled economies have been plaguing financial markets worldwide, but Africa is positioning itself for success. Absa's Jeff Gable, Chief Economist, and Anthony Kirui, Head of Global Markets for Africa Regions, explore how African countries are laying the foundation for long-term structural transformation, even in the face of global adversity. Read more RISK MANAGEMENT A Partnership Approach To ESG Justin Schmidt, Executive: Sectors Manufacturing, Renewable Energy & Transport Logistics, and Msizi Khoza, Head: ESG at Absa CIB, discuss Sustainable Finance, and the role banks play in partnering with clients around environmental, social, and governance (ESG) requirements. Read more RISK MANAGEMENT Absa Bank partners with Ripple to expand digital asset custody offering in South Africa Absa brings institutional digital asset custody to South Africa in partnership with Ripple, the leading provider of digital asset infrastructure for financial institutions Read more
