A new report from the National Anti-Scam Centre (NASC) shows scam losses declined in Australia for a second consecutive year, with a 25.9% decrease from 2023. “Australia is setting a … Read more
The Customer Owned Banking Association warns Australians to be on the alert for scammers targeting people impacted by ex-Tropical Cyclone Alfred and those looking to help through donations. “In the … Read more
As Queensland and Northern NSW communities are bracing for the impact of Tropical Cyclone Alfred, customer-owned banks are ready to provide support. “We understand this is an incredibly stressful time, … Read more
Customer-owned banks welcome the passage of the Scams Prevention Framework Bill 2025, providing better protection for Australians against scams. “Scams have devastated too many Australian lives. The Scams Prevention Framework … Read more
According to Scamwatch data, over 3,200 romance scams were reported in Australia in 2024, resulting in over $23.5 million in losses. This makes romance scams the second most financially damaging … Read more
The new year is the perfect time for taking a well-deserved holiday, or perhaps you’re planning vacations for the year ahead. While booking time off is exciting, it’s even more … Read more
Customer-owned banks welcome the Federal Government’s Fighting Scams campaign, which raises awareness about scams and provides Australians with a practical checklist to safeguard themselves: ‘Stop. Check. Protect’. “Scammers are becoming … Read more
For many Australians, donating to charity is as much a part of Christmas as other traditions. However, the holiday season is unfortunately also a prime time for scammers looking to … Read more
The banking industry is marking a milestone on November 24 with the one-year anniversary of the Scam-Safe Accord, a collaborative initiative aimed at fighting scams. “Customer-owned banks, with their people-first … Read more
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