Six men appeared in the Pretoria specialised commercial crime court on Monday in connection with credit card fraud involving millions, the Hawks said. The men, two South Africans, two Nigerians, one Burundian and a Democratic Republic of Congo citizen, would remain in custody until their next court
Browsing: Standard Bank
Absa will make available an online banking application for smartphones either in the fourth quarter of 2012 or in the first quarter of 2013, Christo Vrey, the bank’s managing executive for digital channels, has revealed in an interview with TechCentral. “There is a chance for the fourth quarter
Standard Bank has become the latest SA bank to launch a mobile transactional banking app. The app appeared on Apple’s App Store for iOS devices on Tuesday. Moneyweb, a financial news website, reported on Wednesday that the app was in both the Apple and Google
Nedbank launched its mobile banking application, called the Nedbank App Suite, to its staff on Monday. The bank says it will be available to the public from the beginning of August. The app has taken two years to develop and is only the third in the
First National Bank this week lifted the lid on a new payment mechanism that uses the GPS feature in modern smartphones. It won’t result in the much-hyped cashless society, but it could greatly reduce South Africans’ reliance on cash over time. The new payment feature, which is included in an update to
Standard Bank caused a bit of a furore on Twitter on Thursday when it tweeted that it had lodged a complaint with the Advertising Standards Authority over an advertisement competitor First National Bank placed in weekend newspapers. It accused its rival of “misleading advertising”. Although the bank says filing the complaint
“You’re being irrational.” No one likes to hear those words. They are the verbal equivalent of a pat on the head. But, like it or not, we are fundamentally irrational beings. And the area in which we should be the most clear-headed, our personal finances, is usually
Online “phishing” fraudsters, who try to con consumers out of their personal banking details to steal their money, target clients of Absa the most, data from a local e-mail company shows. Yossi Hasson, MD of open-source e-mail solutions and network management company Synaq, runs a phishing signature database using
Financial management website 22seven has been live for just a day and already it’s facing its first serious challenge. Some of SA’s big banks have begun warning their customers not to provide their banking login details to the service, which aggregates users’ financial information to give them a graphics-rich picture of their income and spending
Standard Bank and Nedbank have finally offered their opinions on online personal financial management (PFM) start-up 22seven, which has been garnering an enormous amount of attention and controversy from banks and consumers alike since launching on Thursday. Absa and First National Bank have both weighed in