Duncan Robertson: GetVerified chief executive on new confirmation of payee service being rolled out by banks
Heather du Plessis-Allan Drive · Newstalk ZB
November 29, 20243m 45s
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Show Notes
A new 'confirmation of payee' service is being rolled out by the banks.
Now when making a bank transfer to someone new, when entering in the name and account number, users will now get a warning if the two don’t match.
The idea is to make it easier to spot being scammed.
GetVerified chief executive Duncan Robertson joined Heather du Plessis-Allan.
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Topics
Duncan RobertsonOnline BankingScambank scams