Automated online payment tech helping to combat card fraud

2019-04-21 13:12

Automated EFT payments enabled by technology from fintech company Ozow may be a secure alternative method to transact than card payments.

Credit card fraud spikes at 'alarming' rate in just 3 months – Banking Services Ombud

2019-04-09 14:45

Credit card fraud increased to 19.47% as at the end of March 2019, compared to 12.2% reported at the beginning of January 2019.

Payments body fast tracks new system to curb debit order fraud

2018-01-09 06:00

The Payments Association of South Africa is under pressure to ramp up a new system called DebiCheck to meet the South African Reserve Bank’s deadline of February 2019.

MasterCard fraud levels at 'historic lows' in SA

2015-02-03 08:55

An expert has said that South Africa's banking sector has been forward thinking in terms of adopting chip and PIN technology which helps mitigate card-related crimes.

Don't get scammed while chilling on the beach

2014-12-29 11:35

Consumers should remain vigilant when it comes to safeguarding their personal banking details and their cards this festive season.

Credit card fraud declines

2014-10-08 12:16

Credit card fraud has dropped by 15% in South Africa over the past year, but consumers still do not protect their PIN code, research has showed.


Credit card fraud is getting worse. Here's how you can protect yourself

2019-04-10 08:36

With credit card fraud rising at an alarming rate in the first quarter of the year, the Ombudsman for Banking Services has provided 10 tips to avoid becoming a victim of scammers.

Here's what you need to know about credit and debit card fraud in South Africa

2018-06-26 12:26

You may have not fallen victim yet but the prevalence of credit card and debit card fraud in South Africa is quite high.

WATCH: Financial safety tips for the holidays

2017-12-29 15:24

Adeeb Abrahams, branch manager at the Albaraka Bank in Athlone, talks to Fin24 presenter Moeshfieka Botha about keeping your hard-earned money safe over the holidays.

Six ways to curb e-commerce card fraud

2015-01-13 18:12

Credit card fraud is rampant in South Africa and merchants absorb many of the risks and losses attached to card fraud, says an expert.

Increase in card fraud - Sabric

2014-11-25 17:22

Losses due to credit card fraud increased by 23% from R366m in 2013 to R453.9m in 2014, says the SA Banking Risk Information Centre.

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