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PIX Scam Alert System to Be Implemented by Banks

Banks to Introduce PIX Scam Alert System in 2025


Postada em 01/10/2024 às 08:34
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The Central Bank of Brazil (BC) has instructed banks to implement an alert system to warn customers of potential PIX scams. This measure is scheduled to take effect in 2025. The system will monitor transactions and flag any suspicious activity, such as transfers to unfamiliar accounts or requests for unusually large amounts. Banks will be responsible for notifying customers of potential scams and providing guidance on how to protect themselves. The BC emphasizes that this measure is intended to enhance customer safety and reduce the incidence of fraud.