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Tag: banking

Is voice biometrics in banking secure enough? 

Apart from going into a branch, calling a bank feels more human for digital-shy consumers. For many, it is the first port of call for...

Protection for Samsung Pay users against SIM-swap fraud

CAPITEC customers now enjoy added protection when using Samsung Pay thanks to Entersekt’s SIM age validation capability, also known as MNO (Mobile Network Operator)...

Opinion: Digital transformation in banking needs to underpin improved communication to enhance the customer...

As customer demand for richer engagement with brands continues to grow, it is becoming crucially important for banks to be where their customers are,...

The nine types of loans available in South Africa

There are different types of loans and countless lenders. Outlined below are the various types of loans in South Africa. "When we look at the...

Banking and payment channels in Africa are showing positive growth

The number of mobile money accounts in Africa passed the half a billion mark in 2020, and the continent accounted for more than 64%...

Beware of scammers: how to spot digital banking fraud

To prevent becoming the victim of fraudsters, it’s vital to be on guard, especially when using transactional, card-based accounts linked to cheque and savings...

Capitec still sprinting

While the bigger South African banks have toned down their profit growth expectations in light of the morbid economic outlook for the medium term,...

4 technological advances that await South Africans in 2020

Technological advances never cease to amaze us. It seems like only yesterday that we had to disconnect the dial-up internet because we were waiting...

Massive spike in banking fraud in South Africa

Combined gross fraud losses on South African-issued bank cards soared by 18% in 2018, compared to the previous year, and totalled an astronomical R873.4-million, industry...

South African banks rolling out new system to fight debit order fraud

In December 2018, a number of South Africans had been hit by a ‘mysterious R99 debit order’. While the full extent of the scam is not...

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