Payments giant Visa has established a specialised Scam Disruption practice to tackle emerging fraud schemes and protect consumers.…
Security
Endowus, a digital wealth platform serving over 250,000 users across Singapore and Hong Kong, has partnered with Twilio…
Bitdefender, a global cybersecurity company, has joined the AWS Independent Software Vendor (ISV) Accelerate Program, a co-sell initiative…
LSEG Risk Intelligence has launched its Global Account Verification (GAV) service in Asia-Pacific and Europe, the Middle East,…
Authorities are considering introducing caning as a punishment for scammers in the most serious cases, as Singapore escalates…
Singapore recently passed the Protection from Scams Act, granting law enforcement the power to freeze bank accounts if…
Singaporean authorities have issued a warning about a surge in scams where individuals impersonate staff from Shopee, UnionPay,…
LexisNexis Risk Solutions, part of RELX, has completed its acquisition of IDVerse, an AI-driven identity verification and fraud…
Singapore authorities and banks are ramping up efforts to tackle a growing scam where fraudsters steal card details…
Mastercard has introduced its anti-money laundering service, TRACE, in the APAC region, starting with the Philippines. The AI-powered…
The world witnessed an alarming escalation in cryptocurrency-related crimes in 2024. With digital asset adoption surging and financial…
Every year, trillions of dollars are laundered globally, with illicit transactions accounting for 2-5% of the world’s GDP,…
Revolut, a global neobank with over 50 million users, has introduced In-App calls, a new feature designed to…
Blockchain analysis firm Chainalysis has acquired Alterya, an AI-based fraud detection platform focused on identifying scams before they…
Singaporean banks are conducting a thorough review of their practices regarding the collection and use of National Registration…
Singapore’s government has clarified that the Shared Responsibility Framework will not apply to credit card fraud cases, citing…
Singapore’s Parliament has passed the Protection from Scams Bill, granting authorities the power to issue Restriction Orders (ROs)…
Payment giant Mastercard has completed its acquisition of Recorded Future, a cybersecurity firm specialising in threat intelligence and…
Visa has finalised its acquisition of Featurespace, a company specialising in real-time artificial intelligence technology for payment protection.…
Dark web discussions around crypto-drainers – malware designed to swiftly empty cryptocurrency wallets – have significantly risen in…