CTBC Bank, Cathay United Bank and Chunghwa Post each blocked more than 1,100 fraud attempts from Q1 to Q3.
November 28, 2023The Fed proposed to lower the cap on fees banks can charge merchants for processing debit card transactions.
October 28, 2023Public Bank, Maybank, CIMB, and TNG Digital said they will not impose the merchant transaction fee for the time being.
October 3, 2023Nine banks are engaged in the data model training for the new fraud-fighting functionality in STEP2 and RT1.
September 18, 2023The RBI is asking lenders about their fraud prevention systems, customer service handles, grievance redressal cells and customer awareness campaigns.
July 22, 2023Prosecutors will be able to hold large companies to account if they do not have reasonable measures in place to prevent fraud by an employee.
April 13, 2023Minister Stephen Jones reportedly said compensation for scams should only be required if banks have not met consumer protection standards.
March 29, 2023Brokers will have to implement systems and controls that can detect fraud and market abuse in the stock market.
February 10, 2023Swift , was recognised for best solution in payments fraud prevention at Regulation Asia's 5th annual awards ceremony.
November 22, 2022Banks are required to apply additional scrutiny of overseas transfers requested by customers via bank counters, to ensure the transaction is not the result of a fraud attempt.
September 18, 2022