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31 Dec 2024 3:51
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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

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     Today's News

    Law and Order:
    Armed police have intercepted a suspected robbery in Auckland's Massey at about 3:30 this afternoon 21:57

    Law and Order:
    Eight youths have climbed onto the roof of the Korowai Manaaki youth justice facility in South Auckland's Wiri 21:37

    Business:
    Two dead, nearly all ports closed as 4m-high waves batter Ecuador and Peru 21:07

    Tennis:
    A solid and successful hit-out for Naomi Osaka in round one of tennis' ASB Classic 19:07

    Cricket:
    Young fast bowler Zak Foulkes is being hailed as a star of the future as the Black Caps get set for tonight's second T20 cricket clash with Sri Lanka in Mount Maunganui 18:57

    Boxing:
    A big breakthrough in the shadows of lunch in the Boxing Day cricket test in Melbourne.. 18:37

    Health & Safety:
    Family of Gaza doctor fear for his safety as Israel claims arrests of October 7 attackers 18:17

    Accident and Emergency:
    A person's in critical condition after a traffic-related incident in the Taranaki town of Bell Block 18:07

    Motoring:
    The Marlborough District Council's recommending people keep clear of waterways and take care on the roads 17:27

    Law and Order:
    Jimmy Carter, former US president who won Nobel Peace Prize, dies aged 100 17:07


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