Swift , 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, 2022Every $1 lost to fraud costs organisations an average of $3.99 in APAC, and around $6.33 for digital banks and alternative lenders, LexisNexis Risk Solutions finds.
July 15, 2022Shinhan Card is directed to enhance its card issuance and fraud prevention systems, and compensate customers for losses.
April 26, 2022The HKMA provides good practices banks can use to guard against different fraud scenarios when offering electronic direct debit authorisation services.
October 6, 2021