Guiding consumers since 2009

FNB opens access to 22seven

By Staff Writer

In an ongoing attempt to create simple and convenient solutions for its customers, FNB has decided to enable 22seven limited access to its customers’ accounts.

“FNB has set a precedence of responding to our customer’s needs with innovative products and services. We are now providing a secure means to engage with 22seven in response to our customers’ need to learn more about their financial behavior,” says Lee-Anne van Zyl, CEO Online Banking at FNB.

FNB Online Banking customers can set-up a secondary user on their online banking profile, an option already available on FNB Online Banking. The secondary user profile has a more limited functionality and a different user name and password to the primary user.

“FNB customers who are signed up to the 22seven service should set-up a secondary user, select the accounts they wish to share and use a different username and password. If correctly set up to allow “view access” only, this will limit the exposure of client information to transaction history, balances and account numbers.” continues van Zyl.

If clients have already signed up to 22seven using their primary transactional profile, FNB recommends that they reset their primary user details with a new username and password. Clients can then set up a secondary user profile to use the 22seven service.

Van Zyl continues “It remains the responsibility of the client to ensure that their secondary user is set up to “view access” only. However, FNB will work closely with 22seven to ensure that our customers only use the view access only profile when using the 22seven service,” says van Zyl.

“It’s fantastic to collaborate with FNB to give our joint customers a view on their financial behaviour that they have never had before. It’s not surprising to me that FNB is the first South African bank to support the 22seven model as they have a history of innovation and supporting entrepreneurship,” concludes Christo Davel, CEO of 22seven.

Recent Articles

Featured Are you entitled to your spouse’s pension after divorce?

Divorce means more than just parting ways with your partner. It may also involve parting ways with your assets. The Divorce Act states that your retirement fund forms part of your assets. This means that it will be considered when dividing up your assets.

Retrenched – what payments are you entitled to?

In the current struggling economic climate, retrenchments are a regular occurrence and not everyone survives the cut. If you find yourself on the receiving end of retrenchment you may have questions about the payments that are due to you.

Do you want to settle your debt?

You may be considering settling your credit account, whether it’s a credit card or various store accounts, now may be as good a time as any. This especially if you have saved, or you received a tax return or salary bonus. 

Can you afford a personal loan?

Taking out new debt is not always a choice. However, if you’re not pressed by a medical emergency or an unforeseen disaster, it’s worthwhile considering whether you can actually afford it. But what does it mean to “be able to afford a personal loan”? What percentage of your income should you not exceed dedicating to it? 

Deals

Builders Black Friday Special

Price: R5000
When: Until 29 November 2019
Where: Online

Café Rousse Monday Special

Price: Available on request
When: Mondays
Where: Nationwide

Skye Bar Mojito Special

Price: R55
When: Until 31 December 2019
Where: Johannesburg