Capitec beefs up fight to stop debit order fraud

2018-12-12 16:05

Capitec has lowered the minimum value that triggers an SMS notification for clients to be made aware of small debit orders from their accounts in an effort to fight unauthorised transactions.

Viceroy Research is a `hit squad,' - Kganyago

2018-11-30 17:21

Viceroy Research, is profiting unethically from its reports and has escaped sanctions from local regulators because it is domiciled elsewhere, said Reserve Bank Governor Lesetja Kganyago.

Capitec gets nod to buy Mercantile Bank

2018-11-22 16:41

The Portuguese Council of Ministers has approved the sale by Caixa Geral de Depósitos of its entire stake in Mercantile Bank to Capitec Bank.

Capitec ranked 1st in SA, 3rd in world - global banking study

2018-10-25 15:26

For the third year in a row, Capitec Bank was ranked the top South African bank in the Lafferty global rankings and came in third overall in the world.

Why Capitec CEO Gerrie Fourie believes land reform will be 'responsible'

2018-10-07 17:27

Capitec CEO Gerrie Fourie isn’t too concerned about the land reform debate, which could see a change to the legislation protecting property rights - saying "we will get a responsible answer to that question".

Capitec CEO lists two focus areas for unsecured lending market

2018-09-11 10:59

Capitec CEO Gerrie Fourie highlights the way credit life cover is charged as one of two areas that need urgent attention in the unsecured lending market.

Nearly half of SA's debt from top creditors 'appears reckless'

2018-08-27 17:14

Some 40% of the credit provided by the country's top 10 credit providers appears to be reckless, a new survey has found.

SA banks set to show malaise gripping economy

2018-08-03 09:46

South African banks face another wasted year for earnings growth, as the euphoria that greeted Cyril Ramaphosa’s ascendancy to the presidency fades.

Bombshell report accuses Viceroy of plagiarising Steinhoff research

2018-07-12 08:44

Viceroy also has no formal registration with any financial regulator, according to Intellidex.

Eight simple ways to save big on bank charges

2018-07-01 14:04

There's good news on bank charges. You're already saving, and you could be saving more.

 

FirstRand takes a leaf from Amazon's book to capture consumers

2018-12-10 08:54

FirstRand is emulating Amazon.com with a digital offering that will span everything from insurance, car license renewals to locating plumbing services as the South African bank chases new revenue sources.

Black Friday myths busted: Beware of Sad Saturday

2018-11-23 05:45

While the idea of massive discounts will get your attention, the rest of the products on offer might not be such a bargain, cautions Capitec.

Retired Mediclinic CEO appointed to Capitec board

2018-11-16 14:35

Capitec announces that Danie Meintjes has been nominated for appointment to the boards of Capitec and Capitec Bank.

PSG pleased with results despite demanding conditions

2018-10-16 19:27

JSE-listed investment holding company PSG Group says it has weathered demanding economic conditions during the six months to August 2018.

Capitec profits rise 20% despite 'double whammy' economic woes for clients

2018-09-26 15:07

The bank reported a 20% rise in half-year profit on Tuesday, with the lender’s client base rising to 10.5 million people.

Absa tried to hit back at Nando’s – and now it is taking pain from competitors about its fees

2018-09-06 17:22

It's now basically a war between banks, triggered by a chicken restaurant.

BLSA rejects Capitec offer on Viceroy report

2018-08-05 08:14

Business Leadership South Africa says it has turned down an offer from Capitec Bank to pay for a report on short seller Viceroy Research, which had earlier in the year targeted the lender.

Viceroy, Capitec and the age of ‘fake news’

2018-07-15 06:10

Viceroy came under fire this week for the quality of the reports it produced and the people involved in the entity.

UPDATE: Capitec: We have no knowledge of SARB fee probe

2018-07-03 08:19

The SA Reserve Bank has written to the National Credit Regulator requesting a probe into loan-origination fees charged by Capitec Bank, according to a person familiar with the matter.

Capitec, consumer watchdog to 'clean up' unsecured lending industry - CEO

2018-06-29 20:46

Consumer watchdog Summit has withdrawn all assisted and initiated court and National Credit Regulator cases it brought against Capitec.

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