Tag: Fraud

24.09.26

Fraud at Agentic Speed: Autonomous Crypto Payments Jumped 522% in Three Months — and the Rulebook Is Racing to Catch Up

AI agents are now moving money on-chain at a pace that broke the old fraud playbook — transactions up 522% in a single quarter. As a new compliance standard lands, Australia is fighting its own fast-moving scam war on the ground.

GuidesRead ↗

13.09.26

Banks, Telcos and Tech on the Same Hook: Australia’s Scams Framework Bares Its Teeth

Australia's world-first cross-sector scams law is moving from principle to enforcement — with $50 million penalties, a single dispute-resolution door at AFCA, and a private right for victims to claim compensation. Here is what changed and why it matters.

GuidesRead ↗

02.09.26

Scam Losses Are Falling — and Confirmation of Payee Is About to Make Them Fall Faster

Australia's banks are spending $100 million to check the name before your money leaves. Paired with the first sustained drop in scam losses, it marks a turning point in how the country fights payment fraud.

GuidesRead ↗