Search Results | Showing 1 - 10 of 104 results for "Scams" |
| | | ASIC has issued a fresh warning over the increase in the sophistication of fake bond and term deposit scams. ASIC said scammers are impersonating little-known legitimate financial services businesses, often those without a website or digital footprint. ... |
| | | | ... removed over 10,000 misleading adverts, up from around 8500 in 2022. "Consumers need to be alert to dubious adverts and scams online, but it is important that influencers ensure they're on the right side of the rules and consider what would happen to ... |
| | | | ... scammers are only too happy to try and take advantage," ASIC chair Joe Longo said. "That's why ASIC is stopping investment scams at the source of their promotion, removing them from the internet before they can lure in unsuspecting consumers." Longo ... |
| | | | ... driven by an alarming rise in scam-related and financial hardship complaints. AFCA registered 8987 complaints related to scams, up 95% from the previous year, while complaints involving financial hardship climbed by 29% over the same period. In 2023 ... |
| | | | ... while 6% of cases progressed to a formal decision. Since launching, it has also worked with more than 16,500 victims of scams and more than 7500 people affected by natural disasters, excluding COVID-19. |
| | | | ... provide real-time verification for logins and transactions. Noting that the ACCC reported Australians lost $3.1 billions to scams in 2022, Weber highlighted the importance of Macquarie Authenticator as a verification tool in helping advisers and their ... |
| | | | ... new access to financial advice will reduce the harm caused by scammers posing as 'fin-fluencers', with investment scams representing over 60%of all scam losses so far this year," he said. "Access to good advice can be key to helping Australians ... |
| | | | ... resolve their differences," he said. AFCA reported that, since launching, it's worked with more than 16,500 victims of scams and more than 7500 people affected by natural disasters, excluding COVID-19. Further, it's helped more than 30,000 people ... |
| | | | ... these are not factors behind the improvement, he said, adding that weeding out poor advice business models has also helped. Scams, financial difficulty claims on the rise The number of complaints that arose from the superannuation sector soared 31% to ... |
| | | | ... take steps to reduce small business transaction costs," Chalmers explained. Further, he highlighted points around reducing scams, strengthening cyber-security, and updating the RBA's supervision frameworks as well as revamping digital payments. "While ... |
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