Ziphoznke Lushaba
Banks can now directly verify their client's details online with the home
affairs department in an attempt to curb fraud. Sabric chief executive
Kalyani Pillay said the initiative was an opportunity to improve
security.
Banks can now directly verify their client's details online with the home affairs department in an attempt to curb fraud.
The SA Banking Risk Information
Centre (Sabric) launched the initiative in Pretoria on Tuesday in
partnership with home affairs.
The system allows banks to
determine whether an identity document presented by a client matches the
records of fingerprints at home affairs.
Banks will in turn, have access to the home affairs national identification system (Hanis).
“This partnership underlines the
confidence the banking industry has in the department as a partner in
defence our identity,” Home Affairs Minister Nkosazana Dlamini-Zuma
said.
She said the launch laid a firm basis to deal a blow against fraud, corruption and identity theft.
“Banks
will not have full access to all information stored on the home affairs
system. They can only check the validity of information given by a
client. We are only giving them facility to verify with us.”
Sabric chief executive Kalyani
Pillay said the initiative was an opportunity to improve security. It
was not a commercial venture and no banks would pass the charges on to
clients.
“This is one of many crime
prevention measures we have. We want to get confirmation whether a
person presenting documents to do a transaction is indeed the owner.”
The verification would be done
before individuals performed transactions. Pillay said banks would
contact their clients and inform them about the procedure.
Absa, African Bank, FNB, Capitec
Bank, Nedbank, Standard Bank and Mercantile Bank were at different
levels of implementing the systems. - Sapa
http://www.iol.co.za/dailynews/news/banks-home-affairs-join-forces-1.1174085
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