Eftsure extends payment verification to insurers and super funds as CPS 230 reshapes third-party risk expectations
SYDNEY – Eftsure, the global leader in payment fraud prevention, has expanded its multi-layered verification platform to Australian insurers and superannuation funds. The platform now protects claim payouts, broker and intermediary payments, vendor and panel-vendor transactions, and member-facing superannuation payouts. The expansion comes as APRA’s Prudential Standard CPS 230 changes operational risk expectations across the sector. The standard places greater…