Tuesday, August 5, 2025
14 C
London
HomeFinTechWestpac Unveils Innovative Panic Button for Scam Victims

Westpac Unveils Innovative Panic Button for Scam Victims

Date:

Latvian Fintech Startup Handwave Secures $4.2 Million for Innovative Palm Payments

Revolutionizing Payment Solutions with Biometrics and Artificial IntelligenceHighlights: Handwave...

AI-Powered Data Platform Daloopa Secures $13M in Funding

Investing in the Future of Data Automation and AI...

A New Safety Measure to Help Customers Respond Quickly to Financial Fraud

Highlights:

  • Westpac introduces a panic button feature to enhance customer security.
  • The panic button allows customers to quickly report suspected scams.
  • This initiative aims to improve response times and minimize financial loss for victims.

Westpac has rolled out a groundbreaking ‘panic button’ feature designed to assist customers who suspect they have fallen victim to scams. This innovative tool allows for immediate reporting, enabling faster responses from the bank to prevent further losses. With rising concerns over financial fraud, Westpac’s proactive measure represents a significant enhancement in customer security and assurance. The initiative underscores the bank’s commitment to safeguarding its customers against the increasing threat of scams.

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories