Passwords Frustrate South Africans – MasterCard Survey

A new MasterCard survey called RIP Passwords reveals that fifty-four percent of South African’s surveyed believe that there are better ways to protect their personal information than using passwords. With 45 percent of South Africans entering passwords up to 10 times a day, there is no wonder that 72 percent of respondents feel frustrated when

New ACI Worldwide Survey Validates Demand for Same Day Money Transfers

As a follow up to its 2014 survey of market experts within financial organizations, an updated 2015 survey by ACI Worldwide highlights that nearly 25 percent of respondents believe the U.S. should move directly to real-time faster payments. The survey of 106 financial industry professionals was conducted in April 2015 at the NACHA PAYMENTS conference.

The Pros and Cons of Being Multi-Banked

Multi-banking is becoming a common trend in South Africa as various businesses, public sector institutions as well as individuals prefer to bank with more than one banking partner. According to an annual business tracking survey done by TMS, 14% of small businesses do not have a ‘main bank’ and this is also prevalent in 26%

Remittances to Kenya Increase in December

The Central Bank of Kenya conducts a survey on remittance inflows every month through the formal channels that include commercial banks and other authorized international remittance service providers in Kenya. In 2014, remittance inflows to Kenya increased by USD 137 million or (11 percent) to USD 1,428.5 million compared with USD 1,290.6 million in 2013.

ATMIA Releases the Results of Its New ATM Channel EMV Readiness Survey

The ATM Industry Association (ATMIA) has released the results of its new ATM Channel EMV Readiness Survey. The purpose of the survey, completed in December, was to measure the progress of ATM operators toward EMV migration in the U.S. Less than two years remain before fraud liability shifts to acquirers for some fraudulent ATM transactions.

Consumers Dubious of Mobile Payment Security

Tripwire, Inc., a leading global provider of advanced threat, security and compliance solutions, announced the results of a consumer survey conducted on holiday shopping security practices by One Poll and Dimensional Research. Evaluating online cybersecurity awareness of 2,011 consumers from the U.S. and U.K., the survey revealed that more than 40 percent of respondents believe

Time, Money and Tech: PayPal Study Reveals Global Attitudes

As part of its recent global rebrand, PayPal has announced findings from a 15-country survey aimed to understand both universal human attitudes and country-specific variances in perspectives about time, technology, money and other central elements of the People Economy. “While we’re not yet in the business of solving gridlock, we know that whenever we can

Capitec Takes Top Spot in SA Banking Review

Intellidex, a specialist financial services research house has conducted a survey of South Africa’s banking sector, naming Capitec Bank as the best bank in the country. According to Intellidex, the purpose of the Bank of the Year survey was primarily to garner banking clients’ views on their banks across a range of products and service

South Africans Highly Satisfied with Online Shopping – MasterCard Survey

The latest MasterCard Online Shopping Survey has revealed that a substantial 91% of South Africans who shop online are highly satisfied with their overall experience, a 4% increase from the 87% who said the same thing in the 2012 survey. A further indication of South Africans’ positive sentiment for online shopping is that 76% of