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Banking

Banking

Meet the most secure coin in the world, the new British pound

Meet the most secure coin in the world, the new British pound

The new UK £1 coin will enter circulation on 28 March 2017, and is said to be the most secure coin in the world.

Banking - By Staff Writer | 1 January, 2017
Set your financial goals for 2017

Set your financial goals for 2017

It’s nearly the end of the year and whether or not your finances are in good shape, it’s still important to review your finances, and to prepare for the new year.

Banking, Finance - By Staff Writer | 27 December, 2016
Watch: How ATM skimmers are used to steal your money

Watch: How ATM skimmers are used to steal your money

Security site KrebsOnSecurity has published two “promotional sales videos” showing how ATM skimmers are installed.

Banking - By MyBroadband | 19 December, 2016
Reserve Bank fines Absa R10 million after money laundering probe

Reserve Bank fines Absa R10 million after money laundering probe

The South African Reserve Bank (SARB) has imposed fines on two local banks because of weaknesses it found in their control measures to combat money laundering.

Banking - By Staff Writer | 15 December, 2016
SA bank seeks protection from political interference – report

SA bank seeks protection from political interference – report

Standard Bank is seeking protection against political interference amid waves of pressure it has faced for closing the company accounts of Oakbay.

Banking, Finance - By Staff Writer | 15 December, 2016
Mauritius named among ‘world’s worst’ corporate tax havens

Mauritius named among ‘world’s worst’ corporate tax havens

A new report names and shames 15 of the world’s worst tax havens, including the Indian Ocean island nation of Mauritius.

Banking, Wealth - By Staff Writer | 12 December, 2016
How to avoid being scammed at ATMs

How to avoid being scammed at ATMs

ATM and ADT devices offer enhanced functionality and convenience to customers, allowing 24/7 transacting and whilst ATMs are convenient, it makes sense to exercise caution and vigilance when transacting.

Banking - By Staff Writer | 11 December, 2016
Don’t fall for this new scam that tries to get your FNB banking details

Don’t fall for this new scam that tries to get your FNB banking details

FNB is warning its customers to look out for a new scam that tries to fool clients into giving their banking details and passwords to avoid having their accounts closed.

Banking - By Staff Writer | 10 December, 2016
Standard Bank buys SnapScan maker, Firepay

Standard Bank buys SnapScan maker, Firepay

Standard Bank has announced that it has acquired a majority stake in Firepay – the team behind South Africa’s largest mobile payments product, SnapScan.

Banking - By Staff Writer | 9 December, 2016
SLOW lounge access: FNB giveth, and FNB taketh away

SLOW lounge access: FNB giveth, and FNB taketh away

FNB has made changes to its rules for free visits to its Slow lounges around the world.

Banking - By MyBroadband | 9 December, 2016
Here are your new banking fees for 2017

Here are your new banking fees for 2017

Standard Bank, Absa and Nedbank have announced changes to their banking fee structures for 2017 – here’s what you can expect to pay.

Banking - By Staff Writer | 8 December, 2016
Standard Bank to launch new forex trading app

Standard Bank to launch new forex trading app

Standard Bank will unveil a new forex trading app, set to go live on the Apple and Android app stores over the coming days.

Banking - By Staff Writer | 6 December, 2016
FNB closed Guptas’ bank accounts over suspicions of money laundering

FNB closed Guptas’ bank accounts over suspicions of money laundering

FirstRand closed the Guptas’ bank accounts because it suspected they were being used for money laundering, the banking group said in a High Court affidavit.

Banking - By MyBroadband | 4 December, 2016
The best and worst banks in South Africa for customer service

The best and worst banks in South Africa for customer service

New data from marketing and research firm, BrandsEye, reveals which South African banks have drawn the most positive and negative sentiment among customers over the past year – and which bank offered the best service.

Banking - By Staff Writer | 2 December, 2016
Nedbank launches new ‘interactive’ ATM

Nedbank launches new ‘interactive’ ATM

Nedbank has launched a new “interactive” ATM – a first for Africa – giving customers access to live teller services over video, at any time, right from the machine.

Banking - By Staff Writer | 25 November, 2016
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