banks

  1. Luis

    Home Affairs' Smart ID deal with banks gathering momentum

    Home Affairs' Smart ID deal with banks gathering momentum In less than two months, the new digital partnership programme between Home Affairs and three major banks processed over 100,000 smart ID card applications. The number was part of the feedback the department provided to MyBroadband...
    • Luis
    • Thread
    • banks department of home affairs green id book id cards smart ids
    • Replies: 2
    • Forum: Broadband and IT News
  3. Luis

    Capitec confirms eSIM rollout

    Capitec confirms eSIM rollout South Africa's largest bank by customers, Capitec, confirmed plans to roll out support for embedded SIMs (eSIMs) on its mobile virtual network operator (MVNO) in 2026. Capitec Connect executive head Dalene Steyn told MyBroadband the MVNO would roll out eSIM...
  4. Hanno Labuschagne

    Capitec adds 17 more bank branches with smart ID card support

    Capitec adds 17 more bank branches with smart ID card support Capitec added 17 more branches with support for smart ID card applications in the past week, increasing its total coverage for the service to 47 locations. The expansion forms part of a digital partnership with the Department of...
  5. Hanno Labuschagne

    Debit order change from April 2026

    Debit order change from April 2026 The South African Reserve Bank and the Financial Sector Conduct Authority have confirmed that, effective 13 April 2026, the dispute windows for all debit order instruments will be standardised at 60 days. “This will simplify disputability, especially for...
  6. Hanno Labuschagne

    Just one bank expanding ATMs in South Africa

    Just one bank expanding ATMs in South Africa Capitec is the only major traditional bank in South Africa still expanding its ATM footprint, while Absa, FNB, Nedbank, and Standard Bank have closed thousands of cash machines. Excluding the over 3,000 cash devices that Capitec has rolled out since...
  7. Hanno Labuschagne

    Capitec and FNB bucking the trend in bank branch rollouts in South Africa

    Capitec and FNB bucking the trend in bank branch rollouts in South Africa Capitec and FNB are the only two South African banks that have expanded their branch network in the past five years, whereas Absa, Nedbank, and Standard Bank have reduced their physical footprint. Overall, the number of...
  8. Hanno Labuschagne

    Black Friday 2025 scam tactics guide

    Black Friday 2025 scam tactics guide Black Friday shoppers in South Africa should be aware of the various tactics fraudsters may use to try and steal their money. Absa, Capitec, Discovery Bank, FNB, and Standard Bank provided details about scams to watch out for and shared advice on how...
    • Hanno Labuschagne
    • Thread
    • absa banks black friday black friday 2025 capitec cybercrime discovery bank e-commerce fnb fraud online shopping scams standard bank
    • Replies: 15
    • Forum: Broadband and IT News
  9. Hanno Labuschagne

    Taxman sets sights on banks over roles in organised crime

    Taxman sets sights on banks over roles in organised crime The head of South Africa’s revenue service said it will ramp up efforts to target lenders and advisers who may be “professional enablers” of organised corruption and financial crimes to combat illicit capital flows and tax evasion. “It...
    • Hanno Labuschagne
    • Thread
    • absa banks corruption edward kieswetter organised crime sasfin south african revenue service (sars) standard bank
    • Replies: 6
    • Forum: Broadband and IT News
  10. Hanno Labuschagne

    Cyberattack forces major banking business on Wall Street to record transactions in spreadsheets

    Cyberattack forces major banking business on Wall Street to record transactions in spreadsheets Another cyberattack against the unglamorous platforms underpinning Wall Street left one of global banks’ biggest businesses falling back on an old-fashioned method of doing business...
  11. Yoda Arain

    How do I start a credit journey as an immigrant?

    I'm a non-SA national. I've got a valid visa and foreign passport, but not the SA ID, which obviously only SA citizens are entitled to. I have an FNB Aspire account with a debit card. I always like to live on only what I have. To date, I have never even realized the need to build a credit...
  12. S

    Credit bureaus and Banks

    I want to find out which bank uses which credit bureaus to assess your credit risk. I would like to apply for a credit card but my XDS and Experian(Mycreditcheck) is in the red whilst my Transunion and Experian(Mycreditexpert) are looking very good. I have exhausted all options to fix my...
  13. Hanno Labuschagne

    Half a billion to replace South Africa's looted ATMs

    Half a billion to replace South Africa's looted ATMs South Africa’s major banks are expected to spend millions on replacing hundreds of ATMs damaged or destroyed during looting earlier this month. Speaking during a media briefing on Thursday, the Banking Association of South Africa (BASA)...
  14. Hanno Labuschagne

    South African banks and ATMs looted

    South African banks and ATMs looted Nedbank CEO Mike Brown says 37 of their bank branches and 112 ATMs have been vandalised or looted. Speaking to Biznews, Brown said they could currently not get to these facilities to determine the extent of the damage. “All we know at the moment is the...
  15. J

    How banks are helping South Africans cope with the coronavirus lockdown

    How banks are helping South Africans cope with the coronavirus lockdown FNB recently explained how its credit insurance and cash flow relief products work for South Africans affected by the COVID-19 pandemic. FNB’s Credit Life insurance is designed to help South Africans pay their loan...
  16. J

    South African banks battling over scarce IT skills in South Africa

    South African banks battling over scarce IT skills in South Africa South African banks are at battling to find qualified IT professionals and are competing with each other over a dwindling supply of skilled workers, according to a report in the Sunday Times. Standard Bank, Absa, Nedbank, and...
  17. J

    Banks entice South African millennials with rap and free food

    Banks entice South African millennial with rap and free food From free burgers and ride-hailing services to hip-hop concerts and discounted gasoline: South African banks are going all out to win customers as competition hots up. The biggest lenders are facing an onslaught of entrants for the...
  18. J

    How secure contactless cards are in South Africa

    How secure contactless cards are in South Africa Banks in South Africa have been rolling out “tap and go” technology for some time.
  19. Newsfeed

    Why South African banks are building a national blockchain together

    Why South African banks are building a national blockchain together South African banks are collaborating to develop a sovereign blockchain for the country.
  20. Newsfeed

    Major US banks fail security and privacy tests

    Major US banks fail security and privacy tests The 2017 Online Trust Audit & Honor Roll report shows that 65% of major US banks failed web security and privacy tests.
  21. C

    Banks scoring method for bond approval

    Hi Everyone, My understanding is that the banks use a specific method of scoring an individual when applying for a bond. Does anyone know how the scoring model works? I remember someone explained in a post, but I cannot seem to find the post :(
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