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Thursday, August 13, 2020

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Tag: banking

Capitec still sprinting

While the bigger South African banks have toned down their profit growth expectations in light of the morbid economic outlook for the medium term, Stellenbosch-based Capitec Bank continues to thrive. A recently...

4 technological advances that await South Africans in 2020

Technological advances never cease to amaze us. It seems like only yesterday that we had to disconnect the dial-up internet because we were waiting for an important call or we had...

Massive spike in banking fraud in South Africa

Combined gross fraud losses on South African-issued bank cards soared by 18% in 2018, compared to the previous year, and totalled an astronomical R873.4-million, industry body Sabric said on Wednesday. Sabric, or the...

South African banks rolling out new system to fight debit order fraud

In December 2018, a number of South Africans had been hit by a ‘mysterious R99 debit order’. While the full extent of the scam is not known, some estimates indicate that as many...

Absa’s big plans to target first-time home buyers

Absa plans to claw back market share in South African home loans by taking on more risk and targeting first-time buyers, as CEO Maria Ramos embarks on a new era outside...

MUST READ

New Engen 1app pushes all the right buttons

Engen has announced the arrival of their new Engen 1app, which conveniently offers motorists a safe and contactless way to pay. As South Africa eases the Covid-19...

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