banks

  1. 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.
  3. 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.
  4. 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 :(
  5. Kevin Lancaster

    Big security flaw in cellular networks used for Internet banking fraud

    Big security flaw in cellular networks used for Internet banking fraud A security vulnerability which exists in cellular networks allows cyber criminals to intercept SMSs and clean out a victim’s bank account through Internet banking fraud.
  6. J

    Credit Rating Companies How accurate are they?

    I recently tried to get a bond for my house, shock, horror I got turned down due to my credit score. How could this be as I had a good score. I then investigated and found that the banks have their favorite companies, namely TransUnion and Compuscan, whilst I got my score from XPS. So I...
  7. Kevin Lancaster

    Banks are scared of blockchain: Law experts

    Banks are scared of blockchain: Law experts Blockchain – the technology that underlies cryptocurrencies such as bitcoin – is grabbing the attention of banks, says a prominent local law firm.
  8. M

    Marshmallow (Android 6.0) and Banking authentication

    I have an LG G4 Beat that I upgraded to Marshmellow. After that the internet banking authentication. I have tried with ABSA and Nedbank and get the same error. The phone beeps like it got a message but no white box shows up. I have contacted Vodacom and they say it is a banking problem or a...
  9. Kevin Lancaster

    SA banks face increasing risk of cybercrime

    SA banks face increasing risk of cybercrime Local banks are investing in cybercrime defence as financial institutions globally face an increasing trend of cyber theft.
  10. Kevin Lancaster

    Banks will become more like telcos: Michael Jordaan

    Banks will become more like telcos: Michael Jordaan Former FNB CEO Michael Jordaan said that banks will become more like telecoms companies, while telcos are trying to muscle into banking.
  11. missionimpossible

    What is the cheapest bank account with zero/minimal ATM fees

    I've been with Nedbank for a while now, I'm considering opening a second bank account (with another bank) specifically for zero/reduced ATM fees and a reduced monthly charge. When you analyze the cost of drawing money from an ATM, the benchmark is 1% of the cost of the withdrawal, which is...
  12. irfaanf

    FNB Cobol Leanership

    Hi all, I've applied for a position at FNB on their COBOL Learnership program. I'd like to know what it's all about, in particular what systems/programs are coded using COBOL at FNB. Is it used to handle credit card or inter-account transactions? Does it involve calculation of interest rates...
  13. Kevin Lancaster

    Transfer money over Twitter

    Transfer money over Twitter One of France’s largest banks launched a service on Tuesday to allow its customers to transfer money to other people via tweets on social network Twitter Inc
  14. Kevin Lancaster

    FBI investigating cyber attacks on banks

    FBI investigating cyber attacks on banks The U.S. Federal Bureau of Investigation said it is investigating media reports that several U.S. financial firms have been victims of recent cyber attacks
  15. LazyLion

    Banks using Spy Cameras to reposses cars

    Hundreds of cars are being repossessed by agents employed by banks who drive around in unmarked cars with number plate recognition cameras mounted on top, the Star reported on Monday. According to the report banks and owners of the technology claimed they were acting within the law, but the...
  16. LazyLion

    Cyprus Revising Bank Levy Terms: EU Source

    Nicosia and international creditors were discussing Monday revisions to an unprecedented levy on bank accounts agreed in a bailout for Cyprus which has sparked market turmoil and fresh fears of debt crisis contagion, an EU source said. "The Cypriots are debating, finalising a new proposal,"...
  17. LazyLion

    ATM Withdrawals Stagnant in February

    Withdrawals from ATMs across the country remained stagnant in February, increasing only 0.69 percent from January, Spark ATM Systems said on Monday. This followed a 9.18 percent drop in January, with the average cash withdrawal in February being R443.56, sales director Russel Berman said in a...
  18. S

    ABSA Internet Banking

    :mad: What the hell are you doing ABSA? I can't pay my accounts. I can't see my balances... This seems to be happening now on a regular basis. Do you want me to change my bank to someone that knows what IT stands for? This is getting pathetic now. Don't blame high user volumes. Get faster...
  19. jes

    Phishing attacks in SA on the rise

    Phishing attacks in SA on the rise Kaspersky highlghts reports from the South African Banking Risk Information Centre that note an increase in phishing attacks
  20. czc

    FICA

    I got an SMS from Standard Bank saying that I have to come with my ID and Proof of Address else they would close my account. What the hell is up with that? To open the account I had to give them my ID and Proof of Address. Is this a scam of some sort?
  21. SafariTin

    My biggest gripe with banks...

    Is that you can not successfully dispute fees. If I get billed incorrectly by any creditor I simply withold payment until the invoice is sorted out - both personal and business, however with banks you can't withold payment, hence they just send you in a never ending circle and the dispute...
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