3 December 2024
The ABA welcomes further progress by the Federal Government to establish a mandatory SMS Sender ID register with an enforceable industry standard, in what will be a critical preventative measure in the fight against scammers.
ABA CEO Anna Bligh said thwarting SMS impersonation scams would disrupt a key tactic that scammers use to steal money from Australians.
“Text messages are one of the most common ways that Australians are exposed to scams. This register will make it harder for scammers to use telecommunication networks to reach people.” Ms Bligh said.
“Impersonating banks, government agencies and popular brands in text messages is a common method used by scammers to deceive customers.
“This register will be crucial to stopping SMS impersonation scams in their tracks before they can cause harm to Australians.
“By requiring telcos to block known scam SMS numbers, Australia will have a new weapon to disrupt a popular business model that scammers use.
“Ultimately, winning the war against scammers can only be achieved through a collective effort across the economy, including from government, banks, telcos and social media platforms.
“This register will be an important tool for telcos to help put scammers out of business and complements extra protections banks are putting in place through our industry’s Scam-Safe Accord.”
The banking industry’s Scam-Safe Accord includes:
- A $100 million investment by banks in a new confirmation of payee system, ensuring people can confirm they are transferring money to the person they intend to
- Introducing more warnings and payment delays to protect customers
- Adopting further technology and controls to help prevent identity fraud, such as the use of at least one biometric check for new individual customers opening accounts
- Investing in a major expansion of intelligence sharing across the sector
- All banks to implement anti-scams strategies.
Latest news
E&OETV InterviewInterview on News24 AM Agenda1 October 2026 Topics: Card surcharging ban; Interest rates; Refinancing Laura Jayes: Well credit card, any card surcharges are banned from today. I know customers will be happy. Small business, though, they’re not so sure. Joining me live now is the Australian Banking Association Chief Executive, Simon Birmingham. Simon, great… Read more »
E&OERadio InterviewInterview on FiveAA Adelaide1 October 2026 Topics: Card surcharging ban Stacey Lee: Well, speaking of budgets, everyone’s are tight at the moment and they might get a little bit tighter from today because card surcharges have come to an end. It’s the first of October. It’s a deadline on a whole lot of things,… Read more »
E&OERadio InterviewInterview on ABC Adelaide1 October 2026 Topics: Interest rates; Hardship support from banks; Card surcharging ban Sonya Feldhoff: Simon Birmingham is the CEO of the Australian Banking Association. He’s also a former SA senator and finance minister. So, all of these things have been very much in his purview for a long time. Simon… Read more »