Download the report to find out how the SEA fraud landscape has transformed and practical insights from senior executives from premium banks across SEA to mitigating emerging challenges.
Cyberattacks on banks are attempted 5-6 times per week globally
Accessing to the Unbanked is a regulatory push in Philippines
Mobile phone and device data intelligence would become key in fraud detection
In March 2021, GBG and Regulation Asia hosted an executive roundtable to discuss the future of fraud risk management in Southeast Asia.
The roundtable convened senior fraud risk executives from 7 premium financial institutions from across SEA including Head of APAC Financial Crime Compliance from SWIFT, CRO from Malaysian bank, CRO from Vietnamese Bank, Head of Risk Management from Filipino Bank and Singaporean Bank, Head of Risk from Taiwanese Bank, Compliance Officer from Vietnamese Bank, and Head of Intelligence from Malaysian Bank. This whitepaper summarises the findings from the closed-door event.
Participants discussed how digitalisation has transformed fraud risks, technology risks and created new regulatory requirements. The session also dived into the needs of incremental data intelligence and new fraud technology requirements.
The event was moderated by Regulation Asia co-founder Brad Maclean, hosted by Dev Dhiman, APAC Managing Director of GBG.