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Wirecard to reveal account interests via its payment and banking app: boon Planet

News | Online Payments | 18 Nov 2019

Wirecard has revealed it is adding new features to its boon Planet digital payment and banking solution: boon Planet.

Wirecard, account interest, rate, payments , banking, boon Planet, digital payments, account holders, B2B, cards, loyalty, MasterCard, digital account

Fraud claims make Sassa stop payments to 2,800 bank accounts

News | Digital Identity, Security & Online Fraud | 02 Jul 2019

The South African Social Security Agency (Sassa) has put a ‘stop payment’ instruction on 2,800 social grants accounts, identified as being potentially fraudulent.

Sassa, payments , bank accounts, fraud claims, banks, the South African Social Security Agency, South Africa, fraudulent activity, transactions , account holders, ID card, banking, social grant

Banks use biometric tech to rise in money mules

News | Digital Identity, Security & Online Fraud | 30 Nov 2018

Banks have been using biometrics to verify account holders in order to minimise identity theft, but has led to a rise in the use of money mules by fraudsters.

banks, biometrics, money mules, identity theft, security, account holders, transaction, South Africa, fraud