09/10/2026
Source: 06 October 2026 (Business Today)
๐๐๐๐ ๐๐๐ฅ๐ฅ๐ฌ ๐
๐จ๐ซ ๐
๐๐ฌ๐ญ๐๐ซ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐-๐๐ก๐๐ซ๐ข๐ง๐ , ๐๐๐๐ก-๐๐๐ ๐
๐ข๐ ๐ก๐ญ ๐๐ ๐๐ข๐ง๐ฌ๐ญ ๐
๐ข๐ง๐๐ง๐๐ข๐๐ฅ ๐๐ซ๐ข๐ฆ๐
The Asian Institute of Chartered Bankers (AICB) is calling for stronger intelligence-sharing, responsible use of technology and closer cooperation across the financial ecosystem as financial crime becomes more sophisticated and increasingly crosses institutions, platforms and borders.
The call was made at the 16th International Conference on Financial Crime and Counter Terrorism Financing (IFCTF 2026), amid concern over the growing scale of scams in Malaysia. Publicly reported scam losses reached RM2.8 billion in 2025.
AICB said financial institutions need to move beyond isolated alerts and connect information across bank accounts, telecommunications networks, digital platforms and enforcement investigations to detect suspicious activity earlier.
Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said financial crime prevention must shift from a reactive model towards predictive and ultimately preventive approaches by turning transaction data into actionable intelligence.
Artificial intelligence (AI) and advanced analytics can strengthen monitoring, investigations and risk detection, although the same technologies are also being exploited by criminals to conduct fraud and other illicit activities at greater speed and scale.
AICB chairman Tan Sri Azman Hashim said technology alone was insufficient, with skilled professionals needed to interpret intelligence and make effective decisions.
IFCTF 2026 also covered anti-money laundering and counter-terrorism financing, AI and analytics, fraud, corruption, digital assets, governance and organisational resilience.
