Fraud, Scams & Cybercrime

Credit Risk

Bangladesh Bank Revamps Credit Card Rules, Doubles Loan Limits

By Editors | 17/03/2026

New guidelines introduce higher credit limits and stricter rules on risk management, consumer protection, and security to support a cashless economy.

Fraud, Scams & Cybercrime

INTERPOL Calls for APAC Regulatory Overhaul as AI-Driven Fraud Surges

By Sanday Chongo Kabange | 17/03/2026

New report details growing threat from 'Fraud-as-a-Service' and calls for updated KYC/AML rules for virtual asset service providers.

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.

Fraud, Scams & Cybercrime

Cambodia Cabinet Approves Law Targeting Online Scam Centres

By Nithya Subramanian | 16/03/2026

Cambodia proposes legislation imposing heavy prison terms and fines for operators of online scam centres amid growing global fraud and trafficking concerns.

Fraud, Scams & Cybercrime

Macau Regulator Opens Probe into Alleged Fraud at Local Bank

By Mark Johnston | 16/03/2026

The AMCM is investigating a local bank after a lawmaker filed a complaint alleging MOP 208 million in client losses.

Fraud, Scams & Cybercrime

Sri Lanka Court Orders Central Bank to Stop Crypto Outflows

By Editors | 16/03/2026

Colombo court directs CBSL to prevent illicit capital outflows, pointing to regulatory gaps in the Foreign Exchange Act.

Fraud, Scams & Cybercrime

Korea Proposes Bank Auction Dividend Cuts to Aid Rental Fraud Victims

By Sanday Chongo Kabange | 16/03/2026

The 'discounted dividend' plan will see banks claim less from property auctions, allowing tenants to recover more of their lost deposits.

Fraud, Scams & Cybercrime

India Freezes Over 90 Accounts in IDFC First Bank Fraud Probe

By Editors | 16/03/2026

The case involves the alleged siphoning of government funds through shell firms, bogus billing, and with the assistance of former bank employees.

Fraud, Scams & Cybercrime

South Korea Passes Law to Protect Crypto Scam Victims

By Mark Johnston | 15/03/2026

The National Assembly has amended legislation requiring virtual asset exchanges to monitor suspicious transactions and compensate victims of digital financial crimes by October.