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Capitec announces simplified fees for 2018 to help clients to #bankbetter

28 February 2018 | General

Capitec Bank - South Africa’s most affordable bank - has announced its fees for 2018. Access to remote banking (online and app) remains free with zero-rated data for the app, fees for payments in branch increased marginally to R5.30 per transaction, and the monthly admin fee increased with 25c to R5.75.

FNB heightens fight against debit order fraud

26 February 2018 | General

In a bid to continue combating the scourge of rouge debit orders impacting the industry and some of its customers, FNB has waived the fee for stopping unauthorised debit orders through its electronic banking channels and is also actively clamping down on business customers who are facilitating unauthorised collections.

Global Bancassurance: insurers place an increasing emphasis on creating long-term bancassurance partnerships

13 February 2018 | General

• Measured globally, BNP Paribas Cardif, AXA and MetLife hold the most bancassurance relationships of any type; • these insurers also rank highly in terms of their number of joint ventures and strategic bancassurance agreements; •xopportunities in bancassurance are increasing as banks expand their product offering and make use of alternative sales channels, including digital distribution.