Post by Quantium Telstra

Last week at CommBank’s inaugural Accelerate AI Summit, we featured what’s possible when a bank and telco come together to tackle fraud and scams. The reality is that threats are evolving fast, with AI making scams more scalable, more convincing, and harder to detect. So, the response has to evolve to. By combining our telco intelligence with banking signals, we’re bringing in a new layer of visibility - real‑world signals that sit outside the bank, applied in real time at moments that matter. This allows earlier intervention, before money moves. And, we're already seeing the impact, including $15-20M in potential scam losses prevented. This is a good example of what progress looks like and how cross-industry collaboration can help solve the problem, meaningfully. #scam #fraud #commbank