… Telecom Namibia confirms deactivating 191 598 prepaid cards Thousands of mobile money clients, including electronic wallet clients, have been blocked from using cellphone banking services, following the failure to register their SIM cards by 31 March. This comes amid Bankers Association of Namibia chief executive Brian Katjaerua’s warning that the deactivation of SIM cards...
After the First National Bank of Namibia disclosed that 788 transactions, leading to a loss of N$600,000 due to eWallet scams, were reported between August 2022 and August 2023, we asked FNB Compliance Manager, Nesdha De Jong why the service was compromised and what security measures the bank is implementing. https://futuremedia.com.na/wp-content/uploads/2023/09/ENG-Nesdha-de-Jong-ewallet.mp3 Source link
Martin Endjala First National Bank (FNB) of Namibia has confirmed that a total of N$600 000 is estimated to have been lost through e-wallet scams that targeted its clients between August 2022 and August 2023. The bank’s Retail Executive Officer, Nangula Kauluma revealed this yesterday during a media briefing after the bank received multiple complaints...
In the wake of a rise in e-wallet scams, First National Bank (FNB) Namibia says a lack of understanding of the role of the one-time pin (OTP) is the leading cause of clients falling victim to conmen. During a media engagement with FNB, the bank revealed that 788 fraudulent e-wallet transactions were recorded between August...
The First National Bank of Namibia (FNB) has said all the eWallet thefts recorded by the bank were through the customer’s compromised one-time pin (OTP). This is despite clients last week saying they never shared their OTPs with anyone and lashing out at the bank for “refusing to take responsibility”. Speaking during a media briefing...
First National Bank of Namibia says some of their clients are experiencing theft through eWallet due to possibly being scammed into sharing their pins. This comes after several customers recently complained on social media that their money is being withdrawn via the eWallet facility. FNB eWallet allows customers to send money to anyone with a...