ANZ Group Holdings (ASX:ANZ, NZE:ANZ) said that customer financial losses to scam activity fell 15% year over year between October 2024 and June, according to a Monday statement from the bank.
Customer financial losses had seen a 49% reduction over the same period in the previous year, the bank added.
It said that it prevented and recovered over AU$100 million in scam- and fraud-related funds in the nine months to June. The lender completed all Australian Banking Association Scam-Safe Accord commitments, per the statement.
Shares of the bank fell almost 1% in recent trading on Monday in Australia.
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