Banks and Home Affairs join forces to fight fraud

2011-11-08 12:27

Banks can now directly verify their client’s details online with the Home Affairs department in an attempt to curb fraud.

The SA Banking Risk Information Centre (Sabric) launched the initiative in Pretoria today in partnership with Home Affairs.

The system allows banks to determine whether an identity document presented by a client matches the records of fingerprints at Home Affairs.

Banks will in turn have access to the Home Affairs national identification system (Hanis).

“This partnership underlines the confidence the banking industry has in the department as a partner in defence our identity,” Home Affairs Minister Nkosazana Dlamini-Zuma said.

She said the launch laid a firm basis to deal a blow against fraud, corruption and identity theft.

“Banks will not have full access to all information stored on the Home Affairs system. They can only check the validity of
information given by a client. We are only giving them facility to verify with us.”

Sabric chief executive Kalyani Pillay said the initiative was an opportunity to improve security. It was not a commercial venture and no banks would pass the charges on to clients.

“This is one of many crime prevention measures we have. We want to get confirmation whether a person presenting documents to do a transaction is indeed the owner.”

The verification would be done before individuals performed transactions. Pillay said banks would contact their clients and inform them about the procedure.

Absa, African Bank, FNB, Capitec Bank, Nedbank, Standard Bank and Mercantile Bank were at different levels of implementing the systems.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions. publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Inside News24


Amazing solar inventions!

Solar power is lighting up the world, and not just on rooftops anymore.



Plastic on your plate
Prince George the green prince?
Lean, green, drifiting machine
One man's $1 million vision for an eco Africa

Book flights

Compare, Book, Fly

Traffic Alerts

It may be hard to maintain a steady rhythm as you find yourself juggling a zillion things. Slow down a little and let go of more

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.