AI, Technology & Data

Fraud, Scams & Cybercrime

Thailand Requiring Biometric SIM Registration to Combat Fraud

By Editors | 26/08/2025

Thailand has mandated the use of liveness detection technology for SIM card registration, aiming to curb rising online fraud.

Climate Risk

China Issues New Directive to Bolster National Carbon Market

By Manesh Samtani | 26/08/2025

The directive aims for broader industry coverage, enhanced financial product innovation, and increased participation from financial institutions.

Cryptocurrency

Philippine SEC Flags More Unregistered Crypto Platforms Targeting Filipinos

By Nithya Subramanian | 26/08/2025

The regulator cautioned investors over risks of fraud, data misuse, and loss of funds from unlicensed crypto platforms.

KYC & CDD

Hong Kong Banks Propose ID Verification Platform to Handle Mainland Customers

By Sanday Chongo Kabange | 25/08/2025

Hong Kong banks are reportedly calling on regulators to establish a new channel to enable them to verify Mainland customers' identities.

AI Risk & Governance

South Korea Details Major Regulatory Overhaul, KRW 100 Trillion Fund in AI Push

By Mark Johnston | 25/08/2025

The new economic strategy will relax criminal liabilities for “well-meaning business owners” while strengthening civil and monetary liabilities.

Anti-Money Laundering

Hong Kong Banks Target Laundering Through Business Accounts

By Nathan Lynch | 25/08/2025

Hong Kong banks are seeking to balance financial crime prevention with the need to support business growth and SMEs operating in the city.

Cybersecurity

India to Introduce New IT Audit Standards for Startups, Fintechs

By Mark Johnston | 24/08/2025

ICAI aims to enable chartered accountants to identify and help mitigate critical IT-related risks, such as cybersecurity threats, data breaches and system failures.

Data Privacy

Indonesia Halts Payment ID Rollout Amid Privacy Outcry

By Manesh Samtani | 24/08/2025

The Payment ID trial run, now deferred, has sparked debate on digital privacy, cybersecurity, and BI's preparedness for the innovation.

Payments & Settlements

Malaysia's PayNet Taps Ant International to Take DuitNow QR Global

By Editors | 23/08/2025

New agreement enables outbound payments for Malaysians across the Alipay+ network, while also deepening collaboration on fraud prevention and talent development.