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PayDay News | Australian Payments News

$100 million invested in “Confirmation of Payee” to fight scammers

PayDay News
2 Jul, 2025
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Staff Reporter
PayDay News
2 Jul, 2025
Add us as a preferred source on Google
A new name-matching service designed to help protect customers from being tricked into sending money to criminals was launched today.
$100 million invested in “Confirmation of Payee” to fight scammers
AP+ Chief Payments and Schemes Officer, Adrian Lovney, said Confirmation of Payee “is all about giving customers greater control and confidence when making payments”. Called “Confirmation of Payee”, the service has been developed

A new name-matching service designed to help protect customers from being tricked into sending money to criminals was launched today.

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