Postbank full-service banking licence still miles off
It’s back to the drawing board, after Postbank is directed to submit a new application for authorisation to establish a bank.
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It’s back to the drawing board, after Postbank is directed to submit a new application for authorisation to establish a bank.
Sanlam wants 2 million to 4 million South Africans banking through its app by 2030, using GoTyme's licence instead of getting one of its own.
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The parties plan to explore African distribution channels for selected banking products and services.
Digital banking platforms are playing a critical role in making this possible.
'There is a risk that someone could use it to try to impersonate you or contact you fraudulently.'
Notes the increase has been observed across the banking industry as a whole and not in relation to any single institution.
Should it always be the fault of the banking customer if their money is stolen from their bank accounts through cybercrime?