insert_link Local Criminals Threaten Customers into Sharing Passwords 19 January 2025 WINDHOEK, NAMIBIA— FNB notes with regret the rising instances of people being robbed of their funds while under threat of violence from criminals. Where such criminal incidents are reported, FNB undertakes rigorous investigation, partnering with law enforcement to ensure any information relative to these crimes is shared with investigators immediately. At FNB we are committed to ensuring the highest level of security for your accounts internally. As […] today20 January, 2025
insert_link Namibia FNB Urges Customers to Protect Passwords Amid Rising Threats FNB Namibia has expressed concern over an increase in crimes involving customers being threatened into sharing their banking passwords or OTPs. Communications Manager Kirsty Watermeyer, in a statement, highlighted that the bank collaborates closely with law enforcement to investigate such cases and support arrests. FNB reassures customers of robust security measures, including two-factor authentication, encryption, and advanced fraud detection systems. However, the bank advises customers to reduce daily ATM withdrawal […] today20 January, 2025
insert_link Namibia Standard Bank Namibia Responds to Hacked Accounts and Unauthorised Transactions Standard Bank Namibia has confirmed that a number of its clients’ accounts were hacked, resulting in unauthorized debit card transactions from a specific vendor. The bank issued a statement acknowledging the breach and stated that it had detected the fraudulent activity on a limited number of accounts. The allegations began circulating on social media on Sunday evening. In response, the bank has engaged with affected customers and taken immediate corrective […] today12 November, 2024
insert_link Africa Bridging the Data Trust Gap: 2024 RegTech Confab Set to Unlock Africa’s Economic Potential Data-Driven Transparency and Compliance in the Digital Financial Ecosystem in Africa. In an era defined by digital transformation, data has become the cornerstone of innovation and progress, particularly within Africa's burgeoning financial landscape. With Sub-Saharan Africa spearheading the global adoption of Mobile Money, boasting over 218 million active accounts according to GSMA's State of the Industry Report on Mobile Money 2023, the region stands poised to leverage […] today20 February, 2024
