Browsing: Sabric

In January, in the flurry of resolution that accompanies the new year, Dino Maloko (not his real name), 40, decided to bite the bullet and pay off his credit card. He was over R40 000 in the red, and he wanted to start the year off right. So he made a large payment into his bank credit card account and got his card debt

Credit and debit card fraud have declined nationally, the SA Banking Risk Information Centre (Sabric) said on Tuesday. Credit card fraud between January and September this year, totalling R300,6m, dropped by 18% compared to the same period

ATM users must be vigilant in the face of an increase in card skimming, the SA Banking Risk Information Centre (Sabric) said on Tuesday. “The banks are increasingly receiving reports of clients who have lost money from their

Counterfeit card fraud, especially as a result of card skimming, is on the increase again, according to the SA Banking Risk Information Centre (Sabric). And consumers with chip-and-pin cards shouldn’t assume they are protected