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CBA scam losses drop 76% as AI tool and in-app verification roll out

CommBank has reported a 76% drop in customer scam losses since peak levels in 1H23, alongside more than $900 million invested ...
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Australia’s CBA Reportedly Sees Customer Scam Losses Decline, Adds Armour to Help Keep Users Safe

Digital identity protection app, Truyu, launched pilot of a Gen AI-powered tool to "help Australians figure out if a text message might be a scam." ...

Commonwealth Bank's Australian-first move to crack down on $9.5m scam scourge: 'Screenshot the text'

Commonwealth Bank (CBA) has launched an Australian-first tool to help people check whether they're about to be scammed. It ...