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12 Oct 2024 8:18
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  •   Home > News > Politics

    An extra weapon against banking scams - but customers still need to play their part

    An extra weapon against banking scams - but customers still need to play their part


    A Confirmation of Payee system's rolling out banks from next month - to be fully in place next Easter.

    It notifies a customer whether the name and account they're paying to, match up - or don't.

    But Banking Association chief executive, Roger Beaumont, is reminding there's no silver bullet against scams.

    He says customers need to remain vigilant whenever paying money out of their account - and be confident of who they're paying and the account number.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     12 Oct: New Zealand First supporters are gathering in Hamilton this weekend for the party's annual convention
     12 Oct: The Wellington Mayor Tory Whanau says relentless negative talk about the capital is unacceptable
     11 Oct: The Prime Minister doesn't care a new poll's scored his Party at its lowest in more than a year
     11 Oct: Greater Wellington Regional Council's debt has officially ticked over one billion dollars
     11 Oct: Some Wellington City Council projects may need to be cut, now the city's airport shares sale is OFF the table
     10 Oct: The Prime Minister says more job losses are possible in the public service
     10 Oct: The Government books have sunk further into the red
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     Today's News

    Politics:
    New Zealand First supporters are gathering in Hamilton this weekend for the party's annual convention 8:17

    National:
    Nobel peace prize awarded to Japanese atomic bomb survivors’ group for its efforts to free the world of nuclear weapons 8:07

    Environment:
    Alpine skier Alice Robinson has been named Snow Sports New Zealand athlete of the year 8:07

    International:
    North Korea accuses South Korea of flying drones over Pyongyang, threatens to retaliate if it happens again 7:57

    Politics:
    The Wellington Mayor Tory Whanau says relentless negative talk about the capital is unacceptable 7:57

    Entertainment:
    Michael Keaton's stage name makes him feel like a "fraud" 7:54

    Tennis:
    US Open champion Aryna Sabalenka will face world number four Coco Gauff in the semifinals of the Wuhan tennis Open after both earned straight sets wins in the quarters 7:47

    Business:
    The expectation is inflation has been reined in 7:37

    Law and Order:
    Australian couple in custody after anti-prostitution raids in Bali's Kuta district 7:27

    Soccer:
    Work to do for the All Whites 7:27


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