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Roger Beaumont: New Zealand Banking Association CEO on the new wave of anti-scam measures for online banking

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Manage episode 415415960 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

New anti-scam measures are on the way for online banking.

The New Zealand Banking Association has today announced our banks will roll out a 'confirmation of payee' service by the end of the year.

It will make direct cash transfers more secure, by cross checking names registered to accounts when transfers are made.

Chief executive Roger Beaumont says this project has been in the works since September 2023.

"This is something that takes time, it has been progressed since we announced that in September - and we're moving at that pace."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

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6090 episodes

Artwork
iconShare
 
Manage episode 415415960 series 2882353
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

New anti-scam measures are on the way for online banking.

The New Zealand Banking Association has today announced our banks will roll out a 'confirmation of payee' service by the end of the year.

It will make direct cash transfers more secure, by cross checking names registered to accounts when transfers are made.

Chief executive Roger Beaumont says this project has been in the works since September 2023.

"This is something that takes time, it has been progressed since we announced that in September - and we're moving at that pace."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

6090 episodes

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