NAB: Introduces payment prompts to help keep customers safe

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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.

NAB: Introduces payment prompts to help keep customers safe

  • NAB has started introducing proactive prompts to digital banking to help customers identify potential scams 
  • The initiative will provide customers with real-time, personalized messages based on the type of transaction they are making
  • It is investing millions of dollars each year in various projects to address the rise in scams and fraud targeting Australians
  • The prompts will feature a checklist based on uncharacteristic activity to get the customer to pause and review the payment
  • It runs free monthly customer security webinars, posts scam alerts and red flags on its Security Hub website
  • It encourages anyone who has been scammed to contact their bank immediately as recovering funds
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