The state bank whose IT systems and security were so bad that they helped fraudsters
The state-owned Postbank had a deeply compromised technology environment, leaving the institution highly vulnerable to external cyberattacks and internal fraud.
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Man blames Investec after bug fails to stop wife’s R2.4 million online gambling spree
Investec has successfully placed a customer under provisional sequestration after exceeding the R150,000 limit on his credit card.
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Banking | Financial Sector Conduct Authority (FSCA) | Hyphen | Pieter Brand | South African Reserve Bank (SARB)
Big change for people who use debit orders in South Africa
Changes to debit orders announced by the South African Reserve Bank and the Financial Sector Conduct Authority sharpens a double-edged sword.
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New warning to South Africans using banking apps on their phones
South Africans are being warned about a fast-growing and highly dangerous form of digital fraud that is increasingly targeting people through their smartphones.
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Standard Bank mentioned in the Epstein Files
Jeffrey Epstein made regular monthly payments to a Standard Bank account in South Africa, and one of his powerful friends forwarded correspondence suggesting the bank was seeking deals with African governments.
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SA secures Afreximbank membership, scores R175bn in funding
‘This is exactly what trade between countries is supposed to be about – each country focusing on what it’s good at, and the bank speeding up the process and matching exporters with importers who need that product. It’s the exact opposite of what Trump has been doing in weaponising trade’: Kokkie Kooyman of Denker Capital.
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Great news for people who bank with Capitec in South Africa
Capitec has published its new fees taking effect from March 2026, with customers getting some welcome relief.
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Capitec plans changes to branches and ATMs in 2026
Capitec customers could see more physical banking options in the coming years, as the bank plans to grow both its branch footprint and ATM network in 2026. This comes at a time when many of South Africa’s traditional banks are doing the opposite, steadily reducing the number of branches and ATMs as more customers move…
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Good news for people who bank with Capitec
At a time when many prominent banks are shutting branches and ATMs in South Africa, Capitec is doing the opposite.
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TymeBank fraud warning
TymeBank says one of the fastest-growing and most dangerous scams targeting South African consumers involves something many people have never heard of: RAT attacks.