bank fraud

Philippine financial scams target 69% through SMS

Philippine financial scams target 69% through SMS

Text messages remain the leading contact channel despite a decline from 75% in 2025.
8 hours ago

Singapore banks claim readiness as fraud teams lag

Real-time alerts are required for high-risk account activity under the payment safeguards.

Three in 5 Singapore banks still review fraud cases manually

75% of upgrade seekers are assessing behavioural biometrics and 20% plan to examine it.

Alert overload ranks amongst top concerns for half of bankers

Manual work ranked amongst the top three concerns for 47% of respondents.

Banking phishing drove 23% of employee clicks

Netskope said phishing campaigns now rely on counterfeit login pages.

1 in 3 Indonesians blame banks for scam losses: study

Indonesians generally do not expect refunds but do expect protection, FICO found.

HKMA suspends banker for signature forgery on deposit form

He photocopied a customer's signature on a time deposit application form.

Swiping away bank fraud

Authentication and verification of consumers require flexibility, convenience, and security. But the onus has always been on the customer to prove their identity.

Hong Kong finance experts on optimizing customer journeys whilst mitigating fraud risks

LexisNexis Risk Solutions and Asian Banking & Finance's latest webinar discussed ways on how the most tech-savvy banks are safeguarding their clients' data whilst not compromising services.