Saturday, April 19, 2025
14.8 C
London
HomeBankingCBA and Telstra Partner to Protect Customers from Phone Scams

CBA and Telstra Partner to Protect Customers from Phone Scams

Date:

SSV Smart Pay Secures $5 Million Funding to Drive Fintech Innovation

Achieving a $30 million valuation, SSV Smart Pay sets...

Trulioo Partners with PingPong Payments to Revolutionize Cross-Border Transactions

Enhancing global payment solutions with advanced business verification and...

Luma Secures $63M Series C Funding to Transform Structured Finance

Big banks back Luma's innovative platform for alternative investments...

CBA and Telstra Partner to Protect Customers from Phone Scams

  • CBA and Telstra are piloting a new tool called Scam Indicator to protect their joint customers from phone scams
  • The tool is designed to detect high-risk scam situations in real-time using a Telstra API
  • It can check if a customer is on a phone call, which is a prime indicator that a scam is occurring
  • Both are committed to improving the early detection and prevention of scams and are working together
  • The Scam Indicator is an extension of Telstra’s Cleaner Pipes initiative, which actively blocks scams and potentially unwanted email
  • It has recently announced other initiatives aimed at protecting customers from 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