Scam-Safe Accord: A new initiative to protect bank customers from fraudsters
The banking industry in Australia has announced a new Scam-Safe Accord, a set of anti-scam measures to help customers avoid losing their money to fraudsters. The Accord is a joint effort by the Australian Banking Association (ABA) and the Customer Owned Banking Association (COBA), representing 76 banks and credit unions in the country. What is the Scam-Safe Accord? The Scam-Safe Accord is a comprehensive plan to disrupt, detect, and respond…