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Reporting on regulatory requirements, enforcement actions, and best practices to safeguard financial institutions and markets against cyber threats, data breaches, and vulnerabilities through proactive measures.
Payments & Settlements
India, Israel Explore UPI Linkage, Deepen Cooperation in AI and Cybersecurity
By Nithya Subramanian | 02/03/2026
The two countries agree to examine interoperability between India’s UPI and Israel’s fast payment system, while accelerating collaboration in AI, cybersecurity and free trade talks.

AI Risk & Governance
Financial Services Fundamentally Shifting to Agentic AI - Report
By Manesh Samtani | 01/03/2026
Report from Google Cloud says new protocols will enable agent-to-agent communication and payments, transforming compliance, security, and customer service.

Cybersecurity
RBI Scrutinises YES Bank Over Forex Card Security Breach
By Nithya Subramanian | 27/02/2026
The RBI has summoned senior executives after unauthorised transactions linked to a data security lapse which affected about 5,000 prepaid forex card customers.

Cybersecurity
BSP to Mandate Annual Cybersecurity Self-Assessments for Banks
By Sanday Chongo Kabange | 27/02/2026
New rules will require financial institutions to measure their cyber maturity against a new framework and report annually to the BSP.

Payments & Settlements
Apple in Talks with Indian Banks for Mid-2026 Payments Launch
By Manesh Samtani | 27/02/2026
The move would see Apple Pay integrate with India's UPI payments system, following new central bank rules on biometric authentication.

Fraud, Scams & Cybercrime
AI-Powered Tools Are Supercharging Asian Scam Networks: C4ADS
By Nithya Subramanian | 27/02/2026
Criminal networks are leveraging advanced AI translation, chatbot and monitoring tools to expand and streamline global scam operations, a new report by C4ADS warns.

Operational Risk
New Zealand FMA Flags Resilience Gaps in Crowdfunding Sector
By Sanday Chongo Kabange | 27/02/2026
New Zealand’s FMA has called for stronger governance and risk management following a thematic review of crowdfunding service providers.

Cybersecurity
Cybersecurity Researchers Discover Publicly-Exposed KYC Data at ID Verification Firm
By Sanday Chongo Kabange | 27/02/2026
An unsecured database linked to a global digital identity verification provider has exposed sensitive customer data from 26 countries.

Fraud, Scams & Cybercrime
Korea Reports Voice Phishing Decline, Pivots to Fight New Digital Scams
By Nithya Subramanian | 27/02/2026
For four consecutive months, financial losses have dropped, but authorities are now targeting fraud on social media and messaging apps.

Emerging Prudential Risks
BCBS Consults on New Consolidated Framework for Banking Guidelines
By Manesh Samtani | 27/02/2026
The move aims to consolidate and streamline existing materials, cutting volume by 75%, without introducing new prudential expectations for banks.
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