The APAC Anti-Scam Blueprint: Fighting Fraud in the Age of AI

Across the Asia Pacific region, fraud and scam activity has reached a scale that is reshaping regulatory priorities, institutional risk models and liability frameworks. Annual losses linked to organised scams are now estimated to exceed USD 1 trillion globally, with APAC at the centre of this activity.

The same forces that have accelerated financial inclusion and digital growth — real-time payments, automation and artificial intelligence — are now being exploited to enable fraud at unprecedented speed and scale. In many jurisdictions, regulatory frameworks, supervisory coordination and cross-border enforcement mechanisms have struggled to keep pace.

This white paper, produced by NICE Actimize in collaboration with Regulation Asia, examines how regulators, financial institutions and ecosystem participants across APAC are responding to this shift — and where current approaches are proving insufficient.

In this white paper, you'll learn:

• Why APAC has become the global epicentre of scam activity
  How regulatory lag, uneven financial literacy and fragmented cross-border controls have combined to create systemic exposure for institutions and consumers.
• How liability is shifting across the region
  An examination of emerging shared responsibility and reimbursement models, including Singapore’s Shared Responsibility Framework, alongside developments in Australia, Hong Kong and Thailand.
• What is changing in cross-border enforcement
  How regulators and law enforcement agencies are experimenting with new intelligence sharing arrangements and cooperative frameworks to disrupt transnational fraud networks.
• How AI is reshaping both attack and defence
  From deepfakes and voice cloning to behavioural analytics and real-time monitoring — and what supervisors increasingly expect institutions to deploy.
• What a coordinated regional response could look like.
  A four pillar blueprint for strengthening fraud resilience across APAC, focused on shared accountability, ecosystem-wide intelligence, modernised regulatory tools and institutional preparedness.

This white paper is intended for regulators, policymakers, financial institution leaders and senior fraud and compliance professionals navigating a rapidly evolving risk landscape.

Download the white paper to understand how fraud risk, regulatory expectations and institutional accountability are converging.