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Pensioners targeted in credit card fraud, stats show

In the review of the first quarter of 2019, the Ombudsman for Banking Services has seen an alarming increase in credit card fraud...

Issued by Ombudsman for Banking Services 12 Apr 2019

Bank customer loyalty eroded by vanilla offerings

Core banking products are largely undifferentiated across the various brands, resulting in customers who are becoming increasingly multi-banked...

11 Apr 2019

Errant foreign exchange traders sanctioned

The South African Reserve Bank (Sarb) has imposed administrative sanctions on three authorised dealers in foreign exchange with limited authority (ADLAs)...

3 Apr 2019

Policy and the potential of mobile money for financial inclusion

Mobile money has changed the face of financial services forever. It has driven significantly greater financial inclusion in emerging markets around the world, positively impacting whole communities and economies...

By Akinwale Goodluck 29 Mar 2019

Customer experience will make or break traditional banks

This is a watershed year for the banking sector as traditional banks face intense competition and disruption from new entrants such as Discovery Bank, Bank Zero and TymeBank...

27 Mar 2019

Interoperability and financial inclusion in Africa

There is still $400m unbanked in Africa, and the goal is to work with the private and financial sector to connect the poor with adequate financial systems...

By Nicci Botha 20 Mar 2019

Boring bankers vs sexy fintech

A bank is a place that will lend you money if you can prove that you don't need it, the comedian Bob Hope has been quoted as jokingly saying...

By Dalene Sechele-Manana 13 Mar 2019

The cause and effect of behaviour economics

Psychologically, we are programmed to respond well to being rewarded for good behaviour...

11 Mar 2019

Mobile wallets still have a way to go

Mobile wallets just haven't lived up to expectations...

6 Mar 2019

Downgrades, elections and surviving the Zuma era. There's still hope

The latest Budget comes at a difficult time with the elections around the corner, a downgrade hanging in the balance and trying to mop up after nine years of corruption and maladministration...

By Danette Breitenbach 1 Mar 2019

Extra Smart Shopper rewards for TymeBank users

In conjunction with the official launch of TymeBank today, Pick n Pay has announced that Smart Shopper customers with TymeBank accounts will be able to earn extra points - including rewards outside of Pick n Pay...

26 Feb 2019

Youth prefers digital banking

Young people opt for digital modes of banking primarily because of convenience, however an undisputed contributing factor is that digital platforms are part of their always-on connected lifestyles...

26 Feb 2019

NDB warns of phishing scam

The New Development Bank (NDB) has warned the banking sector and the public of a fraudulent e-mail scam that requests money transfer requests in the name of the bank...

26 Feb 2019

Response to the 2019 Budget Speech

Similar to the 2018 Medium-Term Budget Policy Statement (MTBPS) this budget was very closely watched with many hoping for clarity on the future direction...

By Nico Esterhuizen (FCCA), Issued by ACCA 21 Feb 2019

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