News
BASA Statement – 2025 State of the Nation Address
Read MoreBasa Transformation Report 2024
South African banks are meeting the challenge of transformation but increased regulation is unlikely to result in further sustainable transformation, writes BASA managing director Bongiwe Kunene. Already, banks’ financing of transformation and inclusive economic growth far exceed what is required of them by legislation and banks are likely to be able to do much more if there is a supportive operating environment for business and an expanding economy.
Read MoreJoint meeting PC on Trade and Industry and Standing Committee on Finance Presentation
Read MoreNational Treasury Will Take Necessary Measures To Protect Retail Depositors Following Prudential Authority’s Application to Liquidate Ithala
Following the Prudential Authority's application for provisional liquidation of Ithala SOC Limited, we understand that depositors may be concerned about the safety of their funds.
Read MoreProtecting Your Business: Understanding and Mitigating the Risks of Business Email Compromise (BEC)
Cybercrime like BEC involves hackers accessing email accounts to steal information. Symptoms include spam complaints, missing emails, and login issues. Keep your security software current and inform your contacts immediately if you experience a hack.
Read MoreWhat is Social Engineering?
Read MoreGuarding Against Identity Theft: Important Tips
Personal information includes identity documents, driver’s licenses, passports, addresses and contact details among others. Confidential information includes usernames, passwords and Personal Identification Number (PIN).
Read MoreInternet Banking Scams and Fraud
Read MoreDigital and Financial Forensics Analysis Centre & the Digital Service of S205 Subpoenas
The Digital and Financial Forensic Analysis Centre (DFAC) is a three-way partnership between the Banking Association South Africa (BASA), the South African Banking Risk Information Centre (SABRIC) and the Directorate for Priority Crime Investigation - better known as the Hawks. The purpose of the DFAC centre is to bolster South Africa's capacity to investigate and prosecute financial crime, by making cutting edge digital and financial forensic analysis capacity available to the Hawks.
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