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Banks are continuing to play their part to protect Australians from scams, as the industry welcomes a new report showing scam losses fell by 13 per cent last year. The Australian Banking Association acknowledges the release today of the 2023 Targeting Scams Report by the National Anti-Scam Centre. Whilst there was an 18.5 per… Read more »
The Australian Banking Association (ABA) welcomes legislation passing through the Senate to expand Australia’s digital identity system. Importantly, this legislation will allow banks to apply to join the nationwide framework within two years of commencement. ABA CEO Anna Bligh said a voluntary nationwide Digital ID would be another important tool for banks to help protect… Read more »
With the festive season underway, the Australian Banking Association (ABA) is urging Australians to be vigilant against scams this Christmas. “Scammers will try their very best to exploit the increased shopping activity and generosity in the lead up to Christmas, preying on unsuspecting individuals,” said ABA CEO Anna Bligh. “While many Australians get ready to… Read more »
Oliver Peterson: Joining me in the studios today is the CEO of the Australian Banking Association, Anna Bligh. It’s lovely to meet you. Anna Bligh: Great to be here, Oliver. Oliver Peterson: What brings you to Perth? Anna Bligh: Well, I’ve got a few things to do with work here, and I was very keen… Read more »
Australian Banking Association CEO Anna Bligh: Today Australia’s banking system is coming together to launch the most comprehensive set of new anti-scam reforms. With a level of unprecedented cooperation, banks, commercial banks, building societies, credit unions, and mutual banks have joined together to commit to a set of anti-scam reforms to keep Australians and their… Read more »
Australian banks have joined forces to launch a new Scam-Safe Accord to deliver a higher standard of protection for customers and put scammers out of business in Australia. This Accord, between Australia’s community owned banks, building societies, credit unions and commercial banks is a comprehensive set of anti-scam measures across the entire industry. “This Scam-Safe… Read more »
The ABA supports the Federal Government’s resolute action to regulate crypto exchanges, saying it is a “very welcome step in the fight against scams”.
The Australian Banking Association (ABA) has welcomed the introduction of new legislation to boost the security of identity verification services.
Australians are under attack from scams, part of a worsening global scams scourge, and all sectors need to ramp up the fight against these criminals, including government, law enforcement, banks, telcos, social media and crypto platforms and individuals.
The Australian Banking Association (ABA) has welcomed the launch of the Federal Government’s National Anti-Scam Centre (NASC), a key government and regulator initiative to help fight the scams scourge.
It’s World Micro, Small and Medium Sized Enterprises Day today, which highlights the importance of the Australian small business sector as the engine of the country’s economy.
With one in six older Australians experiencing some form of abuse, today’s World Elder Abuse Awareness Day is an important reminder to look out for the warning signs.
Australian banks today launched a new digital platform that will facilitate the quick reporting of fraudulent payments en route or transferred to another bank.
“Speed is the essence when it comes to getting your money back from a scammer. Even if you’re not sure, even if you just suspect something’s not right, ring your bank as fast as you possibly can.”
As scammers grow increasingly sophisticated and scams more complex, this year’s World Password Day is an important reminder to always stay vigilant against online criminals, the Australian Banking Association (ABA) says.
“Remember the money and funds available to banks, the majority of them are other people’s deposits. So they need to be very careful about how they use that money. I think there’s a real question there about whether your deposits and your bank should be paying out to someone who decided to take a big investment risk”
“Robbers don’t come with a sawn off shotgun anymore. They come through your phone, and banks are putting their resources where their customers are. And that’s in the digital world.”
The Australian Banking Association (ABA) has launched a new campaign designed to raise awareness of a series of scam scenarios and steps that should be taken in the fight against scams.
“Vigilance is required at all times of the year as scammers grow increasingly persistent and sophisticated in their tactics”
“At this time of the year, with Christmas upon us, we’re encouraging people to be extra vigilant.”