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10 May 2024

Advocates hopeful but wary of banks’ pledge to stop abusive e-transfers

Author: admintech | Filed under: Finance/ Money
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The Canadian Bankers Association and Interac both say they are actively exploring technology to prevent people from using e-transfers to perpetuate abusive behaviour. It comes months after multiple Canadians told CBC News they have been victimized by abusers who use e-transfers to circumvent other safeguards that survivors of intimate partner violence have put in place.