Fraud, Scams & Cybercrime

    Reporting on fraud schemes, cyber attacks targeting financial systems, regulatory responses, and advancements in fraud prevention technologies.

    Fraud, Scams & Cybercrime

    Singapore Banks, ABS to Develop Guidelines to Shield Seniors from Financial Abuse

    By Nithya Subramanian | 29/09/2025

    Singapore banks are stepping up training for front-line staff to spot signs of elderly customers being financially abused by family members.

    Fraud, Scams & Cybercrime

    India’s DoT, FIU-IND Ink MOU to Step up Fight Against Financial Fraud

    By Nithya Subramanian | 29/09/2025

    The MOU enables real-time intelligence sharing to block scam-linked mobile numbers and protect digital payments.

    Payments & Settlements

    RBI Mandates 2FA and New Security Rules for Digital Payments

    By Nithya Subramanian | 26/09/2025

    RBI has issued new rules on digital payment authentication, promoting methods beyond SMS OTP and tightening issuer duties with stronger fraud safeguards.

    Fraud, Scams & Cybercrime

    Scams Now Leading Cause of Financial Disputes in Singapore: FIDReC

    By Nithya Subramanian | 26/09/2025

    With digital banking now commonplace, scams have emerged as the leading cause of disputes between consumers and financial institutions.

    Payments & Settlements

    RBA Dismisses Concerns That Card Fee Reforms WIll Impact Fraud Protections

    By Mark Johnston | 26/09/2025

    RBA governor has rejected industry warnings that the plan to ban card surcharges will result in reduced fraud prevention for consumers.

    Fraud, Scams & Cybercrime

    Bangladesh Bank Launches Probe into StanChart Credit Card Fraud

    By Mark Johnston | 26/09/2025

    The central bank has ordered an immediate investigation following reports of unauthorised transfers from 54 customer credit cards.

    Supervision & Enforcement

    INTERPOL Operation Recovers $439 Million, Highlights Need for Regulatory Unity

    By Mark Johnston | 26/09/2025

    An INTERPOL operation has recovered USD 439 million in illicit funds, highlighting the need for enhanced cross-border regulatory cooperation in APAC.

    Cryptocurrency

    Singapore: Tokenize Xchange Collapse Leaves Investors with S$266m in Claims

    By Nithya Subramanian | 26/09/2025

    More than 2,200 users have lodged claims following the crypto platform’s shutdown, after MAS rejected its PSA licence application, says DPM Gan.

    Fraud, Scams & Cybercrime

    Korean Regulator, Shinhan, Telcos Launch Anti-Phishing Pact

    By Editors | 25/09/2025

    A new partnership will see the FSS, Shinhan Financial Group, and three telcos collaborate on public alerts, training, and offering insurance to combat fraud.

    KYC & CDD

    Australia Releases Modernised Identity Proofing Guidelines

    By Sanday Chongo Kabange | 25/09/2025

    New national guidelines introduce a risk-based approach and standards for facial verification to combat identity crime.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.