Confirmation of payee

2 articles tagged with this keyword

/security

Australia moves one step closer to roll out of Confirmation of Payee

Australian Payments Plus (AP+) and the Australian Banking Association (ABA) have completed the design specs for a new national Confirmation of Payee service, providing another layer of protection against scammers.

/security

CommBank halves customer scam losses

Australia's Commonwealth Bank says it has cut customer scam losses in half in FY24 through a combination of new anti-scam technologies, cross-industry collaborations and customer education.