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30 Dec 2025 10:06
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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.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    Jenna Ortega's style icon is Siouxsie Sioux 9:38

    Politics:
    Zelenskyy denies attack on Putin residence in Novgorod with long-range drones 9:37

    International:
    Donald Trump says US 'knocked out' a 'big facility' in Venezuela 9:27

    Business:
    Workers in other industries may be putting their feet up for a summer break, but hospitality is knuckling down for its busiest time of year 9:27

    Law and Order:
    A public safety campaigner says adding beat cops is the best way to reduce violence in central Auckland 9:17

    Entertainment:
    King Charles "cuts bits of [his] fingers off" while gardening 9:08

    Entertainment:
    Erin Doherty fears phones can lead to "the death of art" 8:38

    Motoring:
    A car crash survivor is urging young people to take care on the roads this summer 8:17

    Entertainment:
    Gwyneth Paltrow accepted her role in Marty Supreme to be "close to" her children 8:08

    Motoring:
    We're on track to end the year with one of the lowest numbers of crash deaths in decades 8:07


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