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credit card fraudlatest news & developments
Consumers should spend cautiously, despite the positive outlook for the year (Getty Images)
ATM

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

  • Lyse Comins
4 min read
President Cyril Ramaphosa. (Reuters/Mike Hutchings)
ABSA

PASA cracks down on debit order fraud

DebiCheck — now live across ten banks – will be a debit order fraud game changer

  • Staff Reporter
4 min read
CREDIT CARD FRAUD

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.

  • Comment Stuart Thomas
7 min read
CREDIT CARD FRAUD

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.

  • Staff Reporter
1 min read