Aussie banks are banding together to put fraud in a headlock with the Scam Safe Accord, a “new offensive in the war on scams” that will introduce obligatory biometric checks for the opening of new accounts, says a release from the Australian Banking Association (ABA) and the Customer Owned Banking Association (COBA).
Preventing scammers from taking the hard-earned money of everyday Australians is a shared responsibility. As scammers work hard to devise new ways to steal money.