We are pleased to host an IIF Roundtable on Digital Fraud and Scams on Tuesday, May 7.
Losses to banks and their customers from increasing levels of fraud and scams, particularly authorized push payment (APP) scams, have recently attracted significant attention from policymakers and regulators in the Asia region and globally. This roundtable, moderated by IIF staff, will begin with a brief overview of our work on this topic, including the recent consultation response. Lead discussants from select IIF members across the region will speak on recent actions and outcomes on digital fraud and scams, focusing on:
+ Relevant Local Trends and Developments in Digital Fraud and Scams
+ Private Sector and Public-Private Actions Taken to Mitigate Digital Fraud and Scams Levels
+ Technological Responses to Mitigate Digital Fraud and Scams
+ Regulatory or Legal Responses to Digital Fraud and Scams
+ Effectiveness of the Above Measures to Date / Early Lessons Learned
Lead discussants and participants will be encouraged to foreground local developments that could be a model for global initiatives and put forward suggestions for coordination by global or regional institutions. The Roundtable will conclude with an open discussion where all participants are encouraged to share their experiences and/or pose questions to the group.
Lead Discussants Include:
+ Chris Sheehan, General Manager, National Bank of Australia
+ Ayse Sungur, Senior Financial Sector Specialist, The SEACEN Center
+ Daniel Wu, Head of Financial Services, Public Policy, Asia Pacific, Amazon Web Services
If you are interested in participating or have any questions, please contact David Folcher ([email protected]).