Banks can learn from cybercriminals
Cybercrime costs the South African economy R5,8-billion a year and 19% of online banking users have fallen victim to online fraud, up from 10% a year ago, says William Lawrence, regional practice lead: Fraud and Financial Crimes at SAS. Understanding how...Gemalto unveils comprehensive hub service
Gemalto has introduced its Allynis Trusted Services Hub, a turnkey business service that enables financial institutions, enterprises, transport operators and more generally all digital service providers to benefit from a single connection in order to securely deploy...FNB customers withdraw R9,5bn from retailers
FNB has announced that R9,5-billion has been withdrawn from tills across South Africa since the inception of the Cash@Till service for customers in 2012. Sixty-five percent of this amount was withdrawn in the last year alone (since July 2013). “We have seen strong...TruTeq Wireless, Westpac Bank team up
Pretoria-based GSM mobile technology company, TruTeq Wireless has partnered with Australia’s leading bank to roll out a mobile banking platform to seven Pacific island countries. Westpac Pacific Banking launched its first USSD-based mobile banking application in...Sanlam enhances reporting with TBIS, IBM
Technique Business Intelligence Software (TBIS), a member of the PBT group of companies and a Premier IBM Business Partner, has implemented IBM Pure Data for Analytics (Netezza) technology at the Glacier division of Sanlam, to provide it with the means to manage and...