Credit Card Fraud
latest news & developments
Financial crime is on the rise in South Africa, report show
The banking sector and its clients incurred losses of more than R1 billion in 2022 as a result of card fraud, ATM bombings and ‘vishing’ incidents, among others
PASA cracks down on debit order fraud
DebiCheck — now live across ten banks – will be a debit order fraud game changer
Storm set to erupt between SA e-commerce players, banks
A storm looks set to rock the online scene as some of SA’s largest e-commerce players square up against banking powers over online fraud detection.
Credit-card fraud increases to almost double
Sabric says credit card fraud almost doubled during 2009/10, with 92.3% of incidents occurring in Gauteng, KwaZulu-Natal and the Western Cape.