FNB has warned that cybercriminals are exploiting new and sophisticated attacks involving digital wallets.
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Many point-of-sale terminals in circulation in South Africa support only 2G and 3G networks and must be replaced.
MTN, Vodacom and Standard Bank are the most valuable brands in South Africa, according to Brand Finance.
FNB has cut the price of car licence disc renewals in its banking app, the second time it has done so in a matter of months.
FNB will continue to support a wide range of digital contactless solutions on mobile, including Samsung Pay and Google Pay.
FNB has partnered with Spar to offer some FNB clients up to 15% back in eBucks when they shop in-store with virtual cards.
The is ongoing concern over South Africa’s economic outlook, with consumer confidence plunging to a 20-year low.
New customer sentiment data about the South African banking sector has yielded intriguing insights.
Black Friday spending this year was muted, experts have said. E-commerce, however, still saw good growth.
As more South Africans seek alternatives to Eskom for a reliable electricity supply, the big banks have stepped in to help.