Australia's biggest bank tightens anti-scam security with major app change

Australia's biggest bank tightens anti-scam security with major app change

Australia's biggest bank has introduced an artificial intelligence (AI) scam detection tool and a fresh in-app security feature it hopes will combat the rise of bank fraud.Commonwealth Bank has been capitalising on the AI boom, which it says has become a key frontier in scam protection after also pushing the technology in its customer service division.The banking giant has now released a generative AI scam checker, an Australian-first tool that…