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Duncan Robertson: GetVerified chief executive on new confirmation of payee service being rolled out by banks

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A new 'confirmation of payee' service is being rolled out by the banks. Now when making a bank transfer to someone new, when entering in the name and account number, users will now get a warning if the two don’t match. The idea is to make it easier to spot being scammed. GetVerified chief executive Duncan Robertson joined Heather du Plessis-Allan. LISTEN ABOVESee omnystudio.com/listener for privacy information.