Banks use Home Affairs data to vet clients

2011-11-08 12:57

Pretoria - Banks are now able to verify their clients' details online with the home affairs department to curb fraud.

This has become possible under a partnership between the SA Banking Risk Information Centre (Sabric) and Home Affairs, launched in Pretoria on Tuesday.

"This partnership underlines the confidence of the banking industry in the department as a partner in defence of our identity," Home Affairs Minister Nkosazana Dlamini-Zuma said at the event.

She said the launch laid a firm basis for dealing decisively with fraud, corruption and identity theft.

Sabric chief executive Kalyani Pillay said the initiative was an opportunity to improve security. Absa Group [JSE:ASA], African Bank Investments [JSE:ABL], FNB and Nedbank Group [JSE:NED] are at various stages of introducing online verification systems.


  • Pstonie - 2011-11-08 13:58

    Next step: A sub-dermal RFID chip "without which no one can buy or sell". All in the name of security.

  • Ed - 2011-11-08 14:09

    Is this Constitutional ? I did not give them the right to share my information to anybody ?

      mbonyathi - 2012-07-24 08:38

      might be or not but imagine owing thousands and thousands of Rands after a fraudster hit the bank or whoever with your ID with his or her photo on it.. so with this they have a chance of verifying detail to see if what they have at hand matches whats on the H- Affairs database..

  • 100002546302915 - 2011-11-08 14:28

    good move, banks have been doing this with limitations, i am glad they will now have an open ended check.

  • Annie - 2011-11-08 14:32

    Oh no! I am aware personally of the fraud and corruption that takes place at Home Affairs daily. I am surprised by the comment: "This partnership underlines the confidence of the banking industry in the department as a partner in defence of our identity,"

  • Virginia - 2011-11-08 14:33

    I would like to know, why dont the banks ask for a SARS Tax Number, by now all working south africans should have one. This tax number should be used at all times, so that one will know that you are dealing with someone who is a registered tax payer in the country, if a person wants to use the bank, then somewhere he must be earning.

  • Robbex - 2011-11-08 15:24

    Now let us think out of the box in order to reduce fraud. How about South Africa establishes a world first by abolishing cash? All transactions, private and commercial, will be electronic, and monitored by SARS. A challenge? Sure, it will be a challenge, but it won't be too far in the future when every single person has a cell phone...that will make it much easier. Are you feeling comfortable? Or not....maybe something to hide?????

      Pstonie - 2011-11-08 16:20

      I really like your idea. Let's apply it to politicians first so they can lead by example. From now on, if you want to hold any form of public office, all your financial details and that of your political party will be public record, free to access by any constituents. You haven't got something to hide, have you?

  • Boerseun - 2011-11-08 16:56

    I will never agree to this. It is unconstitutional that is forsure.

  • Bratboy - 2011-11-08 17:10

    Is this not asking the wolves to protect the sheep? Home Affairs have not got a good track record, counting the amount of face ID's floating around???????????????????????

  • TcMlist - 2011-11-09 22:18

    This is not a first. Someone is selling or using, or leaking Home Affairs information and databases to companies who pay enough money for it. If you enter the Pecanwood estate near Harties Dam, you are asked for your Drivers Licence or ID - they scan the barcode using a hand held device, and your pciture comes up on the hand held device. How does this information come to be thre- I never gave anyone permission to give out this kind of info about me..... TcMlist

  • arthur.hugh - 2012-07-23 16:34

    George Orwell 1984 comes to mind. I have a registered business (just like a bank is a registered business) so does that mean I can also get clients personal info?

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