Macquarie Bank (Macquarie) has joined BioCatch Trust™ Australia, the world’s first inter-bank, behaviour and device-based, fraud and scams intelligence-sharing network. Launched in November of 2024 with five inaugural members — Australia and New Zealand Banking Group (ANZ), Commonwealth Bank of Australia (CBA), National Australia Bank (NAB), Suncorp Bank (Norfina Limited), and Westpac — the network enables member banks to assess risk on the receiving end of transactions before any money leaves the sender’s account.
Read more here.
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