fraud prevention

FNB Namibia launches campaign to educate seniors citizens

FNB Namibia has started a countrywide tour to talk to older people about scams. The bank’s spokesperson, Hileni Amadhila says the campaign aims to teach senior citizens how to keep their personal banking details safe, especially their PINs and OTPs.

20 December, 2023 105

Business / Economics

TransUnion report reveals surge in e-commerce fraud during 2023 festive shopping season

TransUnion (NYSE: TRU) released new findings today highlighting e-commerce fraud that occurred during the start of the 2023 holiday shopping season, from the Thursday before Black Friday to Cyber Monday. Based on proprietary insights from TransUnion’s global device risk consortium, the average number of suspected digital fraud attempts on any given day during that holiday period where the consumer was located in Namibia during the transaction, was 87.5% higher than the same period […]

8 December, 2023 11

Opinion Pieces

Do not share your banking PINs or OTPs with anyone – banks included

By Bank Windhoek’s Forensic Services Manager, Johnny Truter In the past, bank robbers were brazen. They used weapons and physical intimidation to instil fear into staff, security guards and any customers who were in the branch. Their timing was considered. They would strike on the last day of the month, for instance, at a time of day when the branch cash levels were high and before too many people could […]

4 December, 2023 36