He said about $290,000 worth of payments were abandoned daily thanks to these measures. Its a quick fuss-free solution to create multimedia projects with animated menus and slideshows. Ashampoo Burning Studio 24 is a powerful software suite to burn and copy CDs, DVDs and Blu-ray discs. NAB Group Investigations and Fraud Executive Chris Sheehan said a number of other initiatives had also been introduced to reduce scams, including prompts encouraging customers to review their payment before hitting send. Audials One 2023 Find, stream and record music, series and movies in high quality and fully legally A135. NAB has announced major changes regarding crypto exchanges. If customers still need to make a payment to the blocked exchange, they will need to contact them to arrange an alternative form of payment, the website said.Ĭommonwealth Bank made a similar announcement to block suspicious crypto exchanges last month but went further than NAB by introducing a monthly cap of $10,000 on crypto exchanges and holding some crypto payments for 24 hours for security reasons.Ī spokesperson for the NAB said about 50 per cent of scams reported to the Australian Financial Crimes Exchange were linked to crypto exchanges. “If you attempt to make a payment using your NAB Visa credit or debit card to one of these exchanges, the transaction will be declined, and you will be shown a message which says, ‘Issuer Declined Transaction’,” the bank said on its website. Looking for a new job or job candidate? Post jobs and search for local talent on 7NEWS Jobs >
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