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Busy year for banking Ombuds with 35% increase in case load

11 May 2018

The Ombudsman for Banking Services (OBS) has today released its Annual Report on operations for 2017. Key highlights for the year are that 7056 formal cases that were opened, showed an unprecedented 35% increase from the previous year.

FNB launches South Africa’s first biometric mini-ATM to make banking easy

07 May 2018

FNB has become the first bank in South Africa to introduce a mini-ATM that uses biometrics as a means of validation for consumers.

Upping the ante on gender diversity

15 March 2018

Female empowerment and gender diversity has taken centre stage globally this year with a renewed focus on the need for gender diversity in all sectors of society.

Bringing your money back home

13 March 2018

The election of Cyril Ramaphosa to replace former President Jacob Zuma as President of South Africa has resulted in renewed hope and confidence in our future.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

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