
News from Australian Banking Association
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Top Australian Banking Association News

Australia · AustraliaAustralian banks have launched their most significant anti-fraud initiative to date, unveiling a $100 million name-matching technology designed to stop customers from accidentally sending money to scammers before it’s too late. The new “Confirmation of Payee” service represents the banking sector’s latest weapon in an escalating battle against increasingly sophisticated fraud schemes that have cost Australians hundreds of millions of dollars in …See the Story
Banks Add Speed Bump to Stop You Sending Money to Crooks
Anna Bligh interview on 2GB Afternoons with Michael McLaren
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