Digital banking fraud complaints have increased by 73% in South Africa, and the National Financial Ombud Scheme warns that virtual cards may not be as...
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- SOCIAL-TV.CO.ZA - A La Une - 09/Aug 19:03
Ombud Warns of Surge in Virtual Banking Card Fraud
The National Financial Ombud Scheme (NFO) has issued a warning over a sharp rise in fraud linked to virtual banking cards, as more South Africans adopt digital payment methods. Complaints of digital banking fraud jumped 73% in the first five months of 2025 compared with the same period last year... The post Ombud Warns of Surge in Virtual Banking Card Fraud appeared first on Social TV.
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