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Australians top financial grievances as complaints hit record high

The nation's financial watchdog received a record number of complaints in 2023 and fears the trend is "unsustainable". Here's a breakdown of the issues Australians faced.

Stephanie tonkinDavid lockeAustralian financial crimes exchangeFraud reporting exchangeAustralian financial complaints authorityAustralian banking associationBanking association scamConsumer action law centreAustralian financial complaintsCommunity owned banking associationFraud reporting

Banks progressing anti-scam initiatives, lobby group NZBA says

NZ banks promise more details on implementation of a confirmation of payee service in April

New zealandUnited kingdomRoger beaumontAustralian financial crimes exchangeFraud reporting exchangeAustralian banking associationScam centreMinistry of businessZealand banking associationNew zealand banking associationAkahu technologiesBanking ombudsmanNovember australiaScam safe accordFraud reporting

Putting some friction back into the payments system

The Minister for Financial Services Stephen Jones has backed calls to put some “friction” back into the retail payments system to enable more effective fraud detection.

New south walesCatriona loweBryan mcqueenRachel sladeAccenture asiaScam centreFraud reporting exchangeAustralian payments network summitAustralian banking associationNational antiFinancial services stephen jonesCustomer owned banking associationAustralian financial crimes exchangeNew payments platformCommercial payments studyScam safe accord

Rising Online Scam Activity in Australia | Newcastle Herald

Rising Online Scam Activity in Australia | Newcastle Herald
newcastleherald.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newcastleherald.com.au Daily Mail and Mail on Sunday newspapers.

United kingdomFraud reporting exchangeAustralian bureau of statisticCustomer owned banking associationAustralian banking associationAustralian financial crimes exchangeAustralian bureauUnited kingdom houseScam safe accord

Rising Online Scam Activity in Australia | Newcastle Herald

United kingdomAustralian bureau of statisticFraud reporting exchangeAustralian financial crimes exchangeAustralian banking associationCustomer owned banking associationAustralian bureauUnited kingdom houseScam safe accord