Customer-owned banks welcome the passage of the Scams Prevention Framework Bill 2025, providing better protection for Australians against scams. “Scams have devastated too many Australian lives. The Scams Prevention Framework … Read more
According to Scamwatch data, over 3,200 romance scams were reported in Australia in 2024, resulting in over $23.5 million in losses. This makes romance scams the second most financially damaging … Read more
The new year is the perfect time for taking a well-deserved holiday, or perhaps you’re planning vacations for the year ahead. While booking time off is exciting, it’s even more … Read more
Customer-owned banks welcome the Federal Government’s Fighting Scams campaign, which raises awareness about scams and provides Australians with a practical checklist to safeguard themselves: ‘Stop. Check. Protect’. “Scammers are becoming … Read more
For many Australians, donating to charity is as much a part of Christmas as other traditions. However, the holiday season is unfortunately also a prime time for scammers looking to … Read more
The banking industry is marking a milestone on November 24 with the one-year anniversary of the Scam-Safe Accord, a collaborative initiative aimed at fighting scams. “Customer-owned banks, with their people-first … Read more
Australians are losing millions to online shopping scams, and with Black Friday and Cyber Monday approaching, Customer Owned Banking Association’s (COBA) Financial Crimes & Cyber Resilience team is urging shoppers … Read more
October marks Australia’s Cyber Security Month, a perfect reminder to strengthen your digital defences. With cyber threats on the rise, taking simple, proactive measures can help protect your personal and … Read more
While reported job scam losses have shown a slight decline this year, the threat remains significant with Scamwatch reporting $6.4 million in losses to employment scams. According to COBA’s Financial … Read more
Four times a year we’ll send you helpful banking tips and inspiring stories from our members.