AI, Technology & Data

Fraud, Scams & Cybercrime

Bangladesh Bank Staff to be Charged Over Decade-Old Cyber Heist

By Nithya Subramanian | 30/03/2026

Investigators have identified nearly 70 suspects, including bank insiders, in the 2016 SWIFT network breach.

Payments & Settlements

RBI Releases Payments Vision 2028, Proposes Shared Fraud Liability

By Nithya Subramanian | 30/03/2026

The RBI plans to make beneficiary banks partly liable for fraud, review cross-border rules, and potentially bring major digital platforms under direct oversight.

Payments & Settlements

New 2FA Framework for Digital Payments Set to Take Effect in India

By Manesh Samtani | 30/03/2026

The new rules, effective 1 April 2026, shift liability for fraud to financial institutions and move away from a sole reliance on OTPs.

AI Risk & Governance

HKMA Issues Guidance for Alternative Data Use in Banking

By Sanday Chongo Kabange | 30/03/2026

The new guidelines focus on governance, transparency, data quality, and privacy to protect consumers as banks increase the use of non-traditional data.

Cybersecurity

Korea to Ramp Up Penalties for Late Cyber Incident Reporting, Illegal Spam

By Mark Johnston | 30/03/2026

New amendments introduce fines of up to six percent of sales for spam violations and increase penalties for delayed cyber incident reporting for companies.

Tokenisation

Korea Probes Nextrade Over Tech Theft; FSC Halts STO Licence

By Mark Johnston | 30/03/2026

The antitrust watchdog is investigating allegations of technology misappropriation, prompting the FSC to suspend the firm's STO licence review.

Structural Regulation

SC Malaysia Launches Lab for New Islamic Finance Products

By Nithya Subramanian | 27/03/2026

CIMB will collaborate with the Securities Commission and Bursa Malaysia on a pilot project under the new FIKRALab platform.

AI Risk & Governance

BIS Paper Urges Clearer Supervisory Guidance on AI Data Risks

By Manesh Samtani | 27/03/2026

New paper highlights growing data risks from AI in finance, calling for tailored supervisory guidance on governance, quality, security and privacy

Cybersecurity

APRA Decommissions Legacy Reporting System After Security Flaw Found

By Sanday Chongo Kabange | 27/03/2026

APRA has taken its D2A data submission platform offline and is instructing firms to uninstall the client software immediately.