Press Releases

SABRIC Welcomes Release of Annual Crime Statistics

The South African Banking Risk Information Centre (SABRIC) on behalf of the banking and cash in transit (CIT) industries welcomes the release of the annual crime statistics by the Honourable Police Minister, Mr Nathi Nhleko this morning.

Read More
SABRIC Commends SAPS for Speedy Arrest of Criminals

SABRIC Welcomes Arrests in De La Salle Robbery The South African Banking Risk Information Centre (SABRIC) on behalf of the banking industry would like to commend the detectives of South African Police Service for the speedily arrest of the criminals following the shooting and subsequent death of Mr Dereck Woods who was shot outside the De La Salle Holy Cross College school after allegedly withdrawing a large amount of cash at a banking institution.

Read More
Online Shopping Just Got Safer

3D Secure Online Shopping will be launched across all e-commerce platforms in South Africa. Online shopping just got safer 10 March 2014 – The end of February 2014 marked another milestone for enhanced security of ecommerce payments in South Africa says Walter Volker, the CEO of The Payments Association of South Africa (PASA). ”Over the last year, PASA has been working closely with South African banks and e-commerce merchants to assist them in implementing 3D Secure to help protect cardholders against unauthorized use of their cards when shopping online.” The deadline for 3D Secure implementation was set for 28 February 2014.

Read More
Be Vigilant to Avoid Card Skimming this Valentine's Day

Be Wary of Card Skimming, Warns Banking Industry Valentine’s Day is around the corner and many bank customers will celebrate this day by buying their loved ones gifts and or dining them. To ensure that the day continues and ends on a high note, the South African Banking Information Centre (SABRIC) would like to warn customers to continue being vigilant in order to avoid card skimming when using their cards at ATMs or to make payments in restaurants and retail stores.

Read More
Banking Industry Launches Protection of Personal Information Campaign

The South African Banking Risk Information Centre (SABRIC) on behalf of the banking industry has emphasized the importance of bank customers protecting their personal information. The theft of bank customers’ personal information is of concern and remains a challenge to the banking industry. “When bank customers’ personal details are compromised, such details may be used to perpetrate crime with far-reaching consequences, said SABRIC CEO, Kalyani Pillay.

Read More