The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Banking commission is worthless without alleged victims – 9 February 2018
The royal commission into misconduct of Australian banks could soon turn out to be a dud as the commission says it will offer no legal protection to victims who have already signed confidentiality agreements that prevent them giving a testimony.
ASIC bans operators of binary options’ managed accounts scam – 9 February 2018
Jana Jaros and Jackson Lawrence Malcom Capper have been permanently banned from Australia, after being sentenced to operating unlicensed financial services businesses. The pair cold-called a number of customers, selling them membership to a trading system, priced up to $24,000.
What you need to know about the New Payments Platform – 8 February 2018
Summary of the NPP process.
https://www.ratecity.com.au/bank-accounts/news/need-know-new-payments-platform
Australia’s new payments platform: How voice biometrics can help prevent fraud – 7 February 2018
With the roll-out of Australia’s new payments platform, further security measures are likely to be needed to reduce the likelihood of fraud from the instantaneous money transfer. To mitigate the risk, Australian banks are looking at biometric security measures, such as voice and facial recognition software.
