The Reserve Bank of Australia has put Australia’s major banks and payment card schemes on notice that it expects swift action and real results from a new industry-wide strategy to reduce online payment card fraud. The Productivity Commission has also called for an overhaul of fraud rules, known as the ePayments Code, as part of its recent review of the financial services industry.
https://www.itnews.com.au/news/rba-wants-new-online-fraud-strategy-deployed-asap-511573
