scam payments

Binance, the world’s largest crypto exchange, has been booted off a large Australian payments service and banned by Westpac in a bombshell day for the company.Binance Australia stated on Twitter that it could no longer facilitate PayID…

Australia’s banks have unveiled a new weapon to help them stop money being sent to scammers in “near real-time”.The Australian Banking Association announced the new Fraud Reporting Exchange (FRX) platform on Tuesday, which will allow…

Australians who bank with the big four lost a whopping $550 million to scams in the last financial year with the organisations heavily criticised for causing further distress to victims by failing to stop fraudulent transactions and rarely…