Social media firms tapped as biggest consumer risk

A majority of consumers are willing to walk away from businesses entirely if they suffer a data breach, with retailers most at risk. According to the research from Gemalto, two-thirds (66%) are unlikely to shop or do business with an organisation that experiences a...

Salary lasts 5 days for middle-income earners

Approximately 56% of middle income consumers in South Africa spend all their monthly income in five days or less after receiving it. This is according to data from FNB’s retail segment, which categorises middle income consumers as those who earn a gross monthly...

IS to open Africa’s largest pre-fabricated data centre

Internet Solutions (IS) has offered a preview of what will be regarded one of the most sustainable and energy-efficient pre-fabricated data centres in Africa. Located in Rosebank, Johannesburg, the Parklands Data Centre is a R500-million investment by IS, which owns...

Black Friday card sales reached 4,8m

Debit and credit card transactions reached 4,8-million during this year’s Black Friday. This represents a 4% year-on-year growth on 2017’s 4,7-million, according to BankservAfrica, Africa’s largest automated payments clearing house...

VALR launches digital asset trading platform in SA

VALR has announced that it is launching a new digital asset trading platform in South Africa, leveraging Bittrex’s technology, to offer customers an advanced trading option. VALR is launching with a simple buy/sell feature, allowing customers to seamlessly and...

Beware fitness apps that steal money instead

Multiple apps posing as fitness-tracking tools were caught misusing Apple’s Touch ID feature to steal money from iOS users, according to security company ESET. The payment mechanism used by the apps is swift and unexpected, activated while victims are scanning...