As part of Indue’s Leadership Series: Cultiv8, we were pleased to host a webinar exclusively for Indue customers. Join us for an important and insightful session as part of Scam Awareness Week, featuring expert speakers: Rosie Campo – International Centre for Missing & Exploited Children (ICMEC) Toby Evans – Australian Payments Network (AusPayNet) Hosted by […]
Tag: Anti-Scam
Targeting scams: Report of the National Anti-Scam Centre on scams data and activity 2024
This report provides insight into the scams targeting Australians in 2024 and highlights the impact of combined efforts by government, law enforcement, community sector and industry to combat these financial crimes. This is the second Targeting Scams Report produced by the National Anti-Scam Centre since its establishment on 1 July 2023. The National Anti-Scam Centre’s […]
Australian banks launch new defence in battle against scammers
Australian banks have today unveiled their latest scam fighting technology, with the launch of Confirmation of Payee – a new name-matching service designed to help protect customers from being tricked into sending money to criminals. Banks have invested $100 million in this new technology which is a key initiative of the sector’s Scam-Safe Accord – […]
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How the Scam-Safe Accord is Making Banking Safer for Australians
With digital scams on the rise, Australians are demanding stronger protections for their finances. The Scam-Safe Accord, launched in late 2023, is a powerful new framework uniting major banks, regulators, and consumer advocates to tackle scams head-on and make banking safer than ever before. What Is the Scam-Safe Accord? The Scam-Safe Accord is a […]
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How Confirmation Of Payee Is Putting The Brakes On Scams
Scams are costing Australians billions each year and the pressure is mounting on banks and mutuals to continuously step up their defences. That’s the goal of the 2024 Scam-Safe Accord, a new industry framework led by the Australian Banking Association (ABA) to reduce scam losses and improve customer protection. A key ABA recommendation is the […]
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Scam losses decline, but more work to do as Australians lose $2.7 billion
The National Anti-Scam Centre’s collaborative efforts across government, law enforcement, consumer organisations and industry have boosted the community’s fight against financial crime, as the latest Targeting Scams report reveals a 13.1 per cent decline in reported losses to $2.74 billion in 2023. The report compiles data reported to Scamwatch, ReportCyber, the Australian Financial Crimes Exchange […]
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Protecting your digital identity
During this Scams Awareness Week, we’re sharing our top tips to combat scams. Tip: Protect your data like you protect your wallet! Financial institutions spare no effort in combating fraud and protecting their customers from scammers, and there are thousands of people working around the clock to protect you and your money. However, in recent […]
Anti-Scam Centre launches first ‘fusion cell’
The new National Anti-Scam Centre has launched its first so-called “fusion cell”, pulling together experts from regulators and industry to work on identifying ways of disrupting investment scams. The Australian Competition and Consumer Commission, which operates the centre, announced yesterday that representatives from the ACCC, ASIC, banks, telcos and digital platforms will work on the […]
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