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A collection of 2 posts

Protecting international students from money mule scams: A growing threat in Australia

Protecting international students from money mule scams: A growing threat in Australia

In Australia, a sinister trend is emerging. With over 700,000 international students contributing more than $48 billion to the economy annually, organised crime networks are increasingly exploiting these young newcomers. They're turning them into "money mules" to launder illicit funds. According to a June 2024

Flash Payments leads the charge: A new era of scam-proof payments in Australia

Flash Payments leads the charge: A new era of scam-proof payments in Australia

Australian banks and fintechs have rolled out Confirmation of Payee, a name-matching service that aims to stop scammers in their tracks by checking whether the details you enter match the receiving bank’s records before a payment goes through. It’s a straightforward tool with big potential, backed by a