Voluntary standards have been created by an Australian banking organisation in a bid to ramp up accessibility for users.
The Australian Bankers Association says it won't be following New Zealand's lead after its Kiwi peer opted to make users of online banking held liable for Internet fraud.
Australia's banking community is fighting to maintain public confidence in online banking.
Should Australians be worried that NZ bank customers are being used as "lab rats" to see if users could be made liable if they fall victim to online fraud?
Increasing internet fraud has prompted federal police and banks to launch a national education program warning online bankers to protect their personal information.
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