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New Zealand banks roll out new anti-scam measures, including compensation up to $500,000.
New Zealand banks are introducing new measures to protect customers from scams, including pre-transaction warnings, confirmation of payee services, and a 24/7 reporting channel.
Banks will compensate customers for scam losses, up to $500,000, under the updated Code of Banking Practice, set to launch on November 30, 2025.
The measures aim to strengthen security and encourage a cross-industry, government collaboration to combat fraud.
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Los bancos de Nueva Zelanda lanzan nuevas medidas antifraude, incluyendo una compensación de hasta $500,000.