Morning clouds. Mild.
Automated EFT payments enabled by technology from fintech company Ozow may be a secure alternative method to transact than card payments.
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.
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.
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.
Consumers should remain vigilant when it comes to safeguarding their personal banking details and their cards this festive season.
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.
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.
You may have not fallen victim yet but the prevalence of credit card and debit card fraud in South Africa is quite high.
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.
Credit card fraud is rampant in South Africa and merchants absorb many of the risks and losses attached to card fraud, says an expert.
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.
Cape TownTumaini ConsultingR720 000.00 - R960 000.00 Per Year
Cape TownMass Staffing ProjectsR400 000.00 - R600 000.00 Per Year
Western CapePlacement Point (Pty) Ltd
R 3 700 000
R 4 800 000
R 2 950 000
We subscribe to the Press Code.
You choose what you want
News24 on Android
Get the latest from News24 on your Android device.
Terms and Conditions
24.com Terms and Conditions - Updated April 2012
Creating your profile will enable you to submit photos and stories to get published on News24.
This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.