First National Bank has invested R100million to fight ATM fraud over the next three years, the bank said yesterday. FNB chief executive Mike Arnold said the R100million would be used to "beef up" security at more than 3000 ATMs countrywide.
"Target our ATMs, and we will catch you and make you pay the price," said Arnold.
The bank's "tough on crime" stance, involves a R66million investment in ATM surveillance cameras over three years. - Sapa