Singapore, known as a global financial hub, is facing significant challenges in combating money laundering and cryptocurrency fraud. Recent incidents have exposed vulnerabilities in the nation’s financial systems, prompting rigorous measures and international cooperation to strengthen its defenses
In the first half of 2024, the world witnessed an alarming escalation in online fraud rates, affecting various regions and industries. This surge is reshaping global consumer behavior and perceptions toward digital identity and security. According to data from Sumsub, countries like Nigeria, China,
In the rapidly evolving digital landscape, the controversy of ID bridging in programmatic advertising has sparked intense debate within the advertising industry. With Google Chrome's shift towards a cookieless future and the introduction of Privacy Sandbox initiatives, the practice of ID bridging
How Can You Avoid Fraud Scams Related to the ECB's Digital Euro? The European Central Bank (ECB) is in the development phase of the digital euro, a project that has caught the attention of many, including cybercriminals. The rising wave of fraudulent activities exploiting this development calls for
In a landmark decision aimed at bolstering the confidence of depositors and the financial markets, the United States government has announced that all customers of the collapsed Silicon Valley Bank (SVB) will have complete access to their funds starting Monday. This move comes as a swift response
Digital banking has revolutionized how we handle money, making transactions more convenient than ever. However, this ease of use has been matched by the increasing prevalence of online fraud, presenting a significant risk to the unwary. It is now more important to verify the legitimacy of bank
