Bank customers will have a nasty surprise if they allow their debit orders to bounce.
Category - Banking
TymeBank has announced that after nine months of trading, they have onboarded one million customers, with around 45% transacting once or more a month.
Incorrect balances and terms on home loans, personal loans and revolving credit make up a significant portion of complaints to the Ombudsman for Banking Services (OBS).
After a significant spike in the number of illegal debit orders, banks say action has been taken to clean the industry of rouge players.
FNB has announced First Business Zero, a digital-only business bank account with no monthly account fee, aimed at entry-level, small businesses.
A new debit order system will come into effect towards the end of the year, but will it make a difference in fighting fraud?
When deciding whether to operate as a sole proprietor or to set up a business, be aware of the pros and cons of operating a business bank account.
Customers benefit as banks launch cost-effective banking solutions.
FNB's exhibition at the Portside building in Cape Town is a fascinating history lesson on the evolution of banking in South Africa.
Why has it taken banks so long to take action against illegal debit orders?
TymeBank’s digital disruption has already acquired many converts with its easy-to-open accounts and high interest rates, but is it a real disruptor?
The introduction by PASA of DebiCheck is a great step forward in the battle against debit order fraud.