Fraud & Ethics
711 articles found
Kuwait tightens anti-money laundering rules for gold, real estate sectors
Kuwait has introduced stricter anti-money laundering and counter-terrorism financing rules for gold and precious metals traders and the real estate…
Dubai man loses Dh800,000 bank loan cash in fake banking app scam
A man who had just secured a Dh800,000 bank loan lost the entire amount after fraudsters tricked him into downloading…
Dubai Police warn against sharing banking details in new anti-fraud campaign
Dubai Police has launched a strategic initiative to combat financial fraud in collaboration with more than 40 government, semi-government and…
Kuwait moves to crush bank fraud
Attorney General Saad Al-Safran announced the establishment of the Banking Affairs Prosecution Office, which specializes in investigating banking crimes, including…
Egypt proactively ensures technology is not misused in financial crimes
Head of the Anti-Money Laundering and Terrorism Financing Unit Ahmed Said Khalil asserted that Egypt adopted a proactive approach to…
Gulf Bank highlights the advancement of fraud and cyberattacks
In recognition of Cybersecurity Awareness Month and in alignment with the nationwide Diraya campaign led by the Central Bank of…
How Online Marketplaces Face Escalating Fraud Threats
Fintech firms and online marketplaces are battling sophisticated fraud from account takeovers to application fraud with AI proving a double-edged…
Gulf Bank warns of rising fraud attempts during summer and travel seasons
Gulf Bank is reinforcing its commitment to raising awareness about electronic fraud through the “Diraya” campaign, an initiative by the…
QNB’s approach to fighting cyber fraud in Qatar: Awareness and technology
QNB Group continues to strengthen its role in protecting customers from fraudulent activities by spearheading initiatives to combat phishing scams…
Saudi banks warn against falling in the trap of scammers impersonating charity firms or public figures
The Saudi Banks Media and Awareness Committee has warned customers against falling in the trap of scammers who impersonate charitable…
How AI is transforming the banking industry and leading the fight against fraud
Artificial intelligence is transforming the banking industry by creating seamless customer experiences, automatically detecting fraudulent activity, and completing time-consuming tasks…