FNB CONNECT LAUNCHES FREE WHATSAPP
The growing demand for data usage and a large portion of customers using the WhatsApp messenger service prompted FNB Connect to provide the service for free as an added benefit.
Additionally, if you are an FNB Connect customer, you can earn up to 40% back in eBucks on your Connect SIM spend.
The free WhatsApp promotion started on May 1 and runs until July 31. During this period, you will be able to use the app without incurring any data costs.
NEW OFFSHORE TAX-FREE INVESTMENT LAUNCHED
This week 22seven added to its range of low-cost Tax-Free Savings Accounts, allowing investors to invest offshore for as little as R350 a month. 22seven currently offers two low-cost investment options that can be used for tax-free savings, namely the Old Mutual Core Diversified Fund and the Old Mutual Top 40 Fund, with no upfront fee and an annual cost of only 0.68% a year.
Their new offering, the Old Mutual Global FTSE RAFI All World Index Feeder Fund, allows you to invest 100% of your funds into a pure offshore fund with exposure to 3 000 international companies for the same annual cost of 0.68%. The fund is available both as a regular investment and as a Tax-Free Savings Account.
SABRIC LAUNCHES A CYBERSECURITY CAMPAIGN
The SA Banking Risk Information Centre (Sabric) recently launched a #Skelm campaign on billboards throughout Gauteng, advising consumers to “wise up and watch out” in an effort to get them to think outside their comfort zones.
Kalyani Pillay, CEO of Sabric, said there had been questions raised about the safety of personal information, and anyone ran the risk of becoming a victim of cybercrime.
“The responsibility of protecting yourself against cybercrime and increasing your cybersecurity lies with you. Cybercrime thrives on sophistication, and often the weakest security links are the consumers themselves.
“As one example, many people use the same email address for their business and personal communications,” she said. What you can do:
Use a secondary email address that is strictly for your banking communications;
Make sure your PC and cellphone are updated with the latest iOS updates and antivirus software;
Create a new password as soon as you’ve updated your software, and use your secondary email address as an alternative;
Public computers are not considered to be safe to use for internet banking; they are prone to spyware and malware, and should be avoided at all costs; and
Immediately delete sensitive information like bank statements from your inbox and save them in a secure folder.
FSB WARNS AGAINST THESGOFATSO HOLDINGS
The Financial Services Board (FSB) recently issued a warning that you should exercise caution if you deal with Thesgofatso Holdings & SE, a company that claims to be registered as a financial services provider.
Thesgofatso Holdings & SE is not authorised in terms of the Financial Advisory and Intermediary Services Act to render any financial advice or intermediary services.
The FSB has received information that the company is using an FSB licence number to mislead the public into believing that it is a registered financial services provider, and has therefore been providing financial services illegally. The FSB licence number it is using belongs to another authorised financial services provider.
Remember that before you conduct any financial services business with an institution or person, you should check with the FSB on either the toll-free number (080 011 0443) or on the website (fsb.co.za) if the institution or person is indeed authorised to render financial services.