While there are many common global scams like phishing, vishing, smishing, and identity theft – there has also been an increase in investment scams that are targeting unsuspecting consumers. Ramesh Ramdeen, Head of Fraud at FNB Wealth and Investments, says that “fraudsters have become increasingly sophisticated and bold in their criminal activities. Consumers are often
Mukuru, one of the largest remittance companies in Africa and a leading next generation financial services platform, has announced that its Mukuru Card has been activated for online purchases in South Africa, allowing holders of the card to take part in the eCommerce revolution even if they don’t hold traditional bank accounts. Mukuru CEO Andy
A safer, more secure and private way to pay with iPhone and Apple Watch Leading financial services provider Standard Bank, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses
Clients can look forward to cash convenience, free value-added services, and simplified fees In the current, challenging economic environment, clients are seeking value and cost-savings more than ever before. With these needs front of mind, Standard Bank has developed its 2022 pricing strategy, which aims to ensure that clients, from consumer to business banking, can
Absa Bank has signed a long-term contract with Salesforce, a global leader in customer relationship management (CRM) solutions, to bring about a step change in servicing individual and business-banking customers as the bank accelerates its digitisation programme. In line with its efforts to get closer to customers, Absa is rolling out the software across its
Standard Bank International Personal Banking (IPB) has received the prestigious award for Excellence in Private Banking for the third year running. Standard Bank International Personal Banking is part of the global arm of the Standard Bank Group, Africa’s largest bank by assets. Organised by International Investment Magazine, the 2021 International Investment Awards took place virtually
According to data released by Standard Bank, utilisation of contactless card payments increased by more than 100% compared to 2020. “It’s great to see that our customers have embraced innovation and have adopted contactless payments to transact seamlessly. This feature is increasingly popular simply because it makes the process of paying with your card much
Small businesses across the country are turning to non-interest bearing financing options in an effort to secure growth funding ahead of the festive season. The increase in uptake of these products speaks to a more optimistic outlook this year, says independent mobile payments, insights, loyalty and rewards platform, Zapper. “Feedback from our merchants who are
As the world moved indoors two years ago, the online payment space flourished. These are the biggest developments in 2021, and a brief look ahead. This year, South Africans embraced e-commerce, mobile commerce and digital payments like never before – all four major banks have seen massive increases in these payment methods since the start
FNB has been voted as the best employer brand on LinkedIn for above 500 employees in the 2021 LinkedIn Talent Awards. The 2021 LinkedIn Talent Awards recognises companies worldwide that have demonstrated remarkable adaptability, innovation, and creativity in the talent space. Donald Khumalo, FNB HR Executive says “We are excited to be voted as one
