Could a recent ruling change the game for scam victims? Here’s why the banks will be watching closely

By: Jeannie Marie Paterson, Professor of Law, The University of Melbourne and Nicola Howell, Senior lecturer, Queensland University of Technology In Australia, it’s scam victims who foot the bill for the overwhelming majority of the money lost to scams each year. A 2023 review by the Australian Securities and Investments Commission (ASIC) found banks detected and […]