Scams continue to be the easiest way criminals trick people into providing access to their accounts or transferring money. A recent post from Scam Watch reports a 160% increase in myGov scams in January 2023 compared to the previous month. Don’t be fooled though if it’s not myGov, scams are essentially always the same under different guises. Whethe...
What is the Government Guarantee?
The Government Guarantee Scheme was put in place during the Global Financial Crisis (GFC) in 2008 to give the public confidence in the Australian Banking System. Nowadays, it is the known as the Financial Claims Scheme (FCS).
The FCS is a government-backed safety net for deposits of up to $250,000 per account holder per Authorised Deposit Instituti...
Let’s talk about digital wallets
What is a digital wallet?
A digital wallet is the ability to make secure contactless purchases in stores, and on participating apps and websites using your MOVE Bank Visa debit and/or credit cards via your smartphone or smartwatch device. There are many mobile payment services available in the market, however the two most common are Apple Pay* and ...
From the Archives
At MOVE, we have been providing our members with newsletter updates for well over 50 years. In this edition, we take a quick look back through the decades with the following excerpts and visuals taken from past publications.
50 Years ago
40 Years ago
30 Years ago
20 Years ago
Of course, some things change about how MOVE Bank is ope...