Bank customers must be vigilant in order to avoid card skimming during Valentine's Day shopping, says Sabric.
The Web site went down for 30 minutes yesterday morning, compromising online banking access.
Fingerprint technology for ATMs would eliminate security threats associated with using bank cards, but could lead to an increase in contact crime, experts say.
Adoption and management support for the card payment standard continues to be an issue in the country, says Trustwave.
NSFAS fintech partners to challenge contract cancellations
In this week's tech news roundup, Fintech partners contracted to disburse monthly allowances to NSFAS-funded tertiary students have challenged the allegations levelled against them, saying they are considering legal action. eZaga and Tenet Technology have denied the allegations made against them and claim to not have received the full report in which these were made Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #sita #nsfas https://www.itweb.co.za/content/DZQ58MV8yPAvzXy2 https://www.itweb.co.za/content/rxP3jqBEax8MA2ye https://www.itweb.co.za/content/xnklOvz1dnYq4Ymz https://www.itweb.co.za/content/dgp45vaBPVJ7X9l8 https://www.itweb.co.za/content/P3gQ2qGAPrg7nRD1
TVs and Blu-Ray DVD players will be added to the bank's range of discounted device offers.
The bank resolves a network issue after suffering intermittent disruptions throughout the weekend, until Monday afternoon.
iNetco will accurately monitor transactions from start to finish, improving problem isolation times, says the bank.
Huawei Cloud drives African FinTech innovation
Mark Wang, Solution Architect at Huawei Cloud Southern Africa, spoke to ITWeb about Huawei being a strategic partner in the banking sector. He also addressed challenges for banks in SA and potential growth in the payment ecosystem for customers. #huaweicloud #fintech #digitalbanking
The solution sees the bank reduce social media monitoring costs by over a million rand a year.
Regularly checking credit reports is a good way for consumers to ensure they haven't become victims of identity fraud, says Experian SA.
The big four bank takes digital channels into Africa in preparation for what it says is the future of banking.
The banking industry's losses - due to credit card fraud - increased by 22% in 2013, says Sabric.
Alpesh Patel has left the bank after a two-year stint as CIO.