ACCC calls for banks to name-check transactions to stop ‘rapidly rising’ scams

The competition tsar has called on the banking industry to improve processes to name-check transactions as one way to stop scammers.

source https://www.smh.com.au/business/banking-and-finance/accc-calls-for-banks-to-name-check-transactions-to-stop-rapidly-rising-scams-20211007-p58y2f.html?ref=rss&utm_medium=rss&utm_source=rss_feed