Many people make the mistake of disposing of important bank documents too soon or incorrectly. It is recommended to keep the most important paper documents in a locked place for seven years. Protect online documents by adding anti-virus software and monitoring usage with public computers. Read more stories from PersonalRead More →

The federal government has ordered banks to freeze the accounts of dodgy loan sharks after raiding their offices. The government has also written to Google and Apple to remove loan apps that violate the country’s laws. Specifically, the Federal Competition and Consumer Protection Commission (FCCPC) ordered digital money lenders thatRead More →

Mr Tan stressed that recovering money lost to scams is “very difficult”. “Where we have been able, this has involved close partnerships with financial institutions, in particular having DBS staff co-located with SPF at CSA to provide faster, real-time coordination and response.” As such, ASC and MAS are working withRead More →

Digital bank statements begin Financial institutions collaborate with the BoT Banks on Monday launched a digital bank statement service (dStatement) to provide greater convenience to customers. The initiative is a collaboration between the Bank of Thailand (BoT), 11 financial institutions under the Thai Bankers Association (TBA) and the Government FinancialRead More →

Lawrence Agcaoili – The Filipino Star December 17, 2021 | 00h00 MANILA, Philippines – Banks should immediately freeze the accounts of members of the Communist Party of the Philippines, the New People’s Army and the National Democratic Front (CPP-NPA-NDF) as part of the government’s efforts to end the local communistRead More →

The Blockchain Industry Coordinating Committee of Nigeria (BICCON) has said that it is not legal for Nigerian financial institutions to freeze or arbitrarily close bank accounts belonging to individuals or entities accused of cryptocurrency trading. Affected Crypto Entities Should Seek Legal Advice In a public statement released on Nov. 22,Read More →

The FBI issued a warning that threat actors began masquerading as Trusit, one of America’s largest bank holding companies. According to the investigation agency, malicious actors are using this spear phishing campaign to infect victims with Remote Access Trojan (RAT) malware. A Beeping computer The article mentions that according toRead More →