News & Events
Click on the links below to read our most recent news and find out more about the work of the OBS, and how we get involved in charitable programmes.
Press Releases . 01 Nov 2019
For many South Africans Black Friday and Cyber Monday may bring welcomed bargains, but Reana Steyn, the Ombudsman for Banking Services, cautions consumers to be aware that the increased hype around sales and quick bargains also increases the risk of fraud.
Press Releases . 30 Sep 2019
This week the Ombudsman for Banking Services South Africa hosted the 12th annual conference of the International Network of Financial Services Ombudsman Schemes (INFO Network).The conference hosted 92 delegates from 27 countries representing 36 financial ombudsmen from all over the world, from 30 September to 2 October.
News . 26 Sep 2019
Business Email Compromise (also called E-mail interception fraud) is a type of scam that targets companies and individuals who do electronic funds transfers from one person or entity to another. The fraudsters hack the victims’ email accounts, intercept and redirect invoices and then change the ba [...]
News . 05 Sep 2019
It is important to note that all non-bank related credit bureau complaints will still be dealt with by the Credit Ombudsman.
Press Releases . 20 Aug 2019
August is Women’s Month and with the focus on women and their finances, the Ombudsman for Banking Services analysed their complaints to assess their concerns.
Press Releases . 23 May 2019
The Ombudsman for Banking Services (OBS) has today released its Annual Report highlighting some interesting statistics for its operations for 2018. Key highlights for the year
Press Releases . 16 Apr 2019
In the review of the first quarter of 2019, the Ombudsman for Banking Services has seen an alarming increase in credit card fraud. Credit card fraud is theft involving a payment card
Press Releases . 05 Oct 2018
South Africa has officially entered a technical recession. “It is important for the average consumer to understand how the decline in economic activity affects them.
Press Releases . 01 Jul 2018
Investment What Women Want...From T1 The world at large, and more specifically developing countries, are finally making some strides for the financial inclusion and engagement of women and the role of the woman in the economy is expanding rapidly and parallel to the various dynamic business sectors that make up the economy.
Press Releases . 01 Jul 2018
As July s National Savings month, the Ombudsman for Banking Services OBS advises bank customers to better educate themselves when banking through their chosen banking channels.
Press Releases . 23 May 2018
The Ombudsman for Banking Services (OBS) has today released its Annual Report on operations for 2017.
Press Releases . 14 May 2018
A TOTAL of 7056 formal cases were opened by the Ombudsman for Banking Services office last year - an unprecedented 35% more than in the previous year.
