Scams & Fraud
News about scams, fraud and financial crime
A2A
+2
Feb 4, 2026
•
AP+ scales up cybersecurity defences
Australian Payments Plus (AP+) is bulking up its cyber security and fraud capabilities across its critical infrastructure, as Australia comes under increasing threat from bad actors.
Banks
+1
Jan 28, 2026
•
NAB scam warning: social media & high-profile Aussies
Criminals impersonating well-known Australians - including nabtrade market analyst Tom Piotrowski - are increasingly using social media to lure people into investment scams and rip them off, according to NAB.
Fintech
+3
Jan 21, 2026
•
Square using machine learning and AI to cut off illicit tobacco
While a group of payments providers are actively working to help stop criminals, others appear to be sanguine, with well-known terminal providers still very visible in illegal tobacco and vape stores.
Cash
+1
Nov 26, 2025
•
Aussies prepare to flash cash in holiday sales bonanza
While cashless is king during the sales events leading up to Christmas, more than a quarter of shoppers will use cash for some purchases, according to Monash Business School’s annual seasonal retail research report.
Fintech
+4
Oct 22, 2025
•
Payments companies from CBA to Westpac to ANZ Worldline may be enabling criminal gangs with illegal tobacco sales
“Our message is clear: if you profit from illicit tobacco in Australia, you are operating illegally,” says Home Affairs Minister Tony Burke.
Fintech
+4
Oct 15, 2025
•
Square, CBA, NAB and Tyro ready to pull illegal tobacco terminals
A number of Payment Service Providers say they are actively working to identify and block illegal tobacco businesses and remove their POS terminal services.
Banks
+3
Aug 27, 2025
•
Scams Awareness Week: Stop. Check. Protect
Scams Awareness Week’s 2025 theme focuses on urging consumers to Stop. Check. Protect. when keeping yourself safe from scams.
Fintech
+1
Aug 13, 2025
•
Passkeys are the future for Azupay
Azupay has integrated passkeys across PayTo payments to provide its customers with an additional security layer which is seamless to use, amidst growing concern in the advancement of fraud tactics.
Banks
+1
Jul 30, 2025
•
Beware Tues arvo - Westpac scam warning
A Westpac survey has revealed new data showing 4pm on Tuesday afternoons is when customers are most likely to fall prey to scammers.
Banks
+1
Jul 30, 2025
•
FICO: Scams, mule accounts and social media
A FICO survey of bank risk executives has found that scams and mule accounts are the leading cybercrime threats banks face across the Asia Pacific region, while social media was identified as a key scam channel.
Cash
+1
Jul 9, 2025
•
Police issue warnings over counterfeit cash
After a spate of incidents involving fake cash, Tasmania and Queensland police have issued warnings about counterfeit $100 and $50 notes.
Banks
+1
Jul 9, 2025
•
Westpac live with Confirm Payee, while the industry lurches towards possible Christmas rollout
The so-called launch of the ‘Confirm Payee’ anti-scam technology is less than it looks and its hardly the first time the Australian Banking Association had buried the small print.
Banks
+1
Jul 2, 2025
•
$100 million invested in “Confirmation of Payee” to fight scammers
A new name-matching service designed to help protect customers from being tricked into sending money to criminals was launched today.
Banks
+2
Jul 2, 2025
•
CBA joins AI-powered scam fight
CBA is the latest bank to announce AI remedies to scams, this time using a fleet of thousands of fake Aussie consumers to keep scammers busy and disrupt their operations.
