As household budgets feel the crunch of ongoing cost-of-living pressures, many people are likely to shop around for better deals on utilities, subscriptions, and even their bank accounts. Unfortunately, using … Read more
It is a myth that most scams happen in an instant through a single-clicked link or a momentary lapse in judgment. In reality, the most devastating modern scams are long … Read more
Hume Bank recently intercepted a sophisticated scam attempt targeting a customer, preventing the loss of $17,500 through a combination of proactive fraud monitoring, specialist financial crime expertise and timely customer … Read more
As the end of the financial year approaches, many shoppers will be eagerly looking out for EOFY sales. However, as ‘ghost’ or ‘phantom’ stores become more common online, the Customer … Read more
From 1 July, Australian consumers may notice a small but important change in the texts they receive from businesses and organisations, including messages from their customer-owned bank. The change is … Read more
The Customer Owned Banking Association (COBA) has acknowledged the release of draft industry codes for the Scams Prevention Framework (SPF), and will work constructively with government and industry to ensure … Read more
The Customer Owned Banking Association (COBA) is urging Australians to be on the alert for scammers taking advantage of the fuel crisis through a number of sophisticated phishing scams. “Scammers … Read more
In March 2026, Australia’s financial landscape underwent its most significant shift in decades. If you have noticed your bank or financial adviser asking more probing questions lately, it isn’t because … Read more
Australians have now used Confirmation of Payee over 100 million times since the service was launched in July 2025, marking a major milestone in the banking industry’s efforts to protect … Read more
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