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Confirmation of payee - 'a simple step that will stamp out bank scams' gets a step closer. Maybe

A confirmation of payee (CoP) system that would make it much harder for fraudsters to scam Kiwis could be a step closer with a payments provider pitching a. ....

United Kingdom , New Zealand , Bruce Proffit , Jon Duffy , Roger Beaumont , Zealand Banking Association , New Zealand Banking Association ,