Commonwealth Bank: Adds anti-scam features to app

Commonwealth Bank: Adds anti-scam features to app

  • Commonwealth Bank today announced enhancements to its scam prevention, detection and customer support strategy
  • The bank also released new research indicating Australians are more concerned about scams than four months ago
  • CBA is introducing its NameCheck technology to give customers an indication of whether the name
  • The bank has also launched in-app caller verification technology through a feature called CallerCheck to give customers peace
  • The functionality allows CBA staff to trigger a notification to the customer’s CommBank app verifying the call
  • Prior to CallerCheck there was no easy way for a customer to verify if they were genuinely speaking to the bank
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Revolut Strengthens Presence with New Paris Headquarters

The fintech company aims to enhance its operations in Western Europe.Highlights: Revolut opens a new headquarters in Paris...

Australian Payments Plus Offloads Beem Consumer Payments App

The company divests its consumer app to focus on core business areas.Highlights: Australian Payments Plus sells its Beem...

Mimir Acquires PayEx Platform to Strengthen Fintech Offerings

This acquisition signals a new chapter for Mimir in the fintech space.Highlights: Mimir acquires PayEx platform from Swedbank.The...

Visa Unveils Tool to Strengthen Agentic Commerce for Firms

New offering aims to simplify and enhance digital commerce capabilities.Highlights: Visa launches a new tool for agentic commerce.The...