AI Risk & Governance

Fraud, Scams & Cybercrime

Taiwan Mandates AI Facial Recognition for State-Run Bank ATMs

By Editors | 17/03/2026

The Ministry of Finance has required eight state-owned banks to equip 20 percent of their ATMs with anti-fraud technology this year.

PEPs & Sanctions

HKMA Urges Firms to Enhance Sanctions Screening Systems, Adopt AI

By Manesh Samtani | 17/03/2026

Thematic review found systems generally meet expectations. HKMA has highlighted good practices in governance, testing, and technology.

Payments & Settlements

India Panel Calls for Tiered UPI Charges to Ensure Sustainability

By Nithya Subramanian | 16/03/2026

A parliamentary committee has recommended a tiered fee structure for UPI to address financial viability and cybersecurity risks.

KYC & CDD

BOJ Paper Outlines Role of Verifiable Credentials in Digital Finance

By Manesh Samtani | 16/03/2026

New report details how verifiable credentials could streamline KYC and secure transactions, highlighting the new vLEI standard for corporate identity.

AI Risk & Governance

PBOC to Promote 'Safe and Orderly' AI Use in Financial Sector

By Mark Johnston | 13/03/2026

The PBOC has prioritised the cautious application of AI, alongside enhanced data security and stronger financial supervision for 2026.

Tokenisation

HKMA Directs Banks to Conduct Strategic Reviews for Tokenisation Era

By Sanday Chongo Kabange | 13/03/2026

Top HKMA officials set out expectations for banks to adapt their business models for emerging digital technologies like DLT.

Cybersecurity

China Curbs OpenClaw AI Use Amid Security Fears and Adoption Frenzy

By Mark Johnston | 12/03/2026

Beijing is restricting the viral AI agent in state-run firms over security risks, even as local governments offer subsidies to fuel adoption.

Anti-Money Laundering

US Treasury Recognises Legitimate Use of Crypto Mixers, Seeks New Powers

By Manesh Samtani | 12/03/2026

A key report signals a nuanced US stance on privacy tools while proposing a "hold law" to freeze suspicious digital assets.

Fraud, Scams & Cybercrime

Meta, Global Police Disrupt Asian Scam Networks; New AI Tools Rolled Out

By Manesh Samtani | 12/03/2026

As new AI-powered anti-scam features are deployed, a joint operation has led to 21 arrests in Thailand and the removal of over 150,000 accounts from Meta's platforms.