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Australian Banks to launch CoP Anti-Scam Service

News | Digital Identity, Security & Online Fraud | 08 Aug 2024

Australian banks, led by AP+ and ABA, have announced the launch of Confirmation of Payee service by 2025, enhancing security by verifying payee details before payments.

Confirmation of Payee, fraud prevention, API, SWIFT, identity verification

Australian Banking Association's new campaign helps customers avoid scammers

News | Digital Identity, Security & Online Fraud | 14 Apr 2023

The Australian Banking Association (ABA) has rolled out a new campaign to raise awareness of a series of scam scenarios and help customers beat the scammers.

scam, fraud prevention, cybersecurity, fraud detection, online fraud