Banks want government support for a national anti-scam centre – and say other industries and search engines should help out too.
The banking sector has been under fire for deficiencies in its payment system which overseas criminals have exploited to steal an estimated $200 million from Kiwi victims last year.
But today, the New Zealand Banking Association (NZBA) has asked the Government to consider leading scam prevention in New Zealand.
How about the banks fund a national anti-scam centre, rather than taxpayers?
Banks made a profit of $7.1 billion last year. I have no problems with that, but if they then ask taxpayers to fund something which clearly is in their interest, I respectfully suggest they stick aside 0.05% of their profits to fund it.
David Farrar runs Curia Market Research, a specialist opinion polling and research agency, and the popular Kiwiblog where this article was sourced. He previously worked in the Parliament for eight years, serving two National Party Prime Ministers and three Opposition Leaders.
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