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Banks Signal Tougher Scam Protection
Australia’s scam landscape is shifting again, this time from the top of the banking sector.This week, the Australian Banking Association (ABA) appointed Nuno Matos (ANZ) as its new Chair. Leadership changes don’t often make headlines, but his first statement did:He highlighted strengthening scam safeguards as a key priority for Australian banks.
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When Banks and Tech Giants Shift Blame, Customers Fall Through the Cracks
This week, Westpac’s chief executive criticised Meta for allowing scam adverts and even illegal bank account sales on its platforms. It sparked a wider discussion about the rise of online scams and who should be responsible for preventing them. But there’s a bigger story behind the headlines.
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