Women's groups call on banks to block abuse sent by e-transfer
Dear TD Scotiabank Rhiannon Wong reads from the open letter sent to the CEO’s of Canada’s major banks demanding they crack down on abusive E transfers. Angie Sweeney’s murder underscores the urgency Like the ones Angie Sweeney’s ex center hours before he killed her in October, Wong’s organization has frustrated banks. Don’t appear to be taking action. Silence is very telling. It’s either the banks have decided that if they are quiet about the issue. That the issue will just go away or they’ve decided that is perfectly acceptable. The letter wants Canadian banks to adopt the free AI software developed by an Australian bank that blocks abusive language or swipe up from the app home screen to pull up the transaction feed. This program introduced last year by Auk Bank, which allows clients to block messages from abusers, tap on the payment you’ve received with an unwanted reference. One common form we hear often is that. Abusive partners open up credit cards in the victim’s name, even without their knowledge, and accumulate that the Canadian Centre for Women’s Empowerment co-authored the letter. It just released a report outlining a dozen recommendations to banks to better protect survivors. Their products. Their financial products and services are not only in a few cases, but systematically being exploited by abusive partners to control and abuse victims. In response to the letter, the Canadian Bankers Association says its members are now reviewing technology that could be used to combat this type of financial abuse. And Interact says it’s assembled A-Team to develop a reporting mechanism for messages that could be abusive. Katie Nicholson, CBC News, Toronto.