Banks are stepping up their efforts to protect their customers against scams, announcing the launch of a Scam-Safe Accord whose first project will be the development of a confirmation of payee system.
Banks declare war on scammers with money transfer limits | The Land theland.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theland.com.au Daily Mail and Mail on Sunday newspapers.
Australia’s biggest banks have announced a $100m change to the way people pay online in a bid to protect customers against fraudsters and identity scams.