The recent crackdown on mule accounts in Thailand illustrates the delicate balance authorities must strike between aggressive fraud enforcement and maintaining public trust to prevent systemic liquidity risks and financial instability.

We reflect on the evolution of Suptech, predicting a shift toward a new supervisory paradigm where central authorities transition from periodic monitors to real-time systemic enablers through shared utilities, Digital Twins, and fused data intellig

As fraud outpaces traditional compliance, central banks are shifting toward unified national infrastructures that leverage AI and real-time tracing to proactively protect consumers and restore financial system integrity.

FNA will showcase its advanced graph analytics and AI-driven solutions for liquidity optimization, financial stability, and anti-fraud at Sibos 2025 in Frankfurt, engaging with global leaders to build a more resilient financial ecosystem.

As fraud outpaces traditional compliance, central banks are shifting toward unified national infrastructures that leverage AI and real-time tracing to proactively protect consumers and restore financial system integrity.

Project Meridian FX demonstrates how a neutral "synchronization operator" can orchestrate atomic, cross-border payments between diverse ledgers, providing a practical and faster alternative to wholesale CBDCs for wholesale FX settlement.

FNA examines how the regulatory validation of the GENIUS Act has shifted stablecoins into the mainstream, creating a "liquidity puzzle" for banks where atomic settlement and 24/7 payment flows necessitate advanced liquidity intelligence to manage fragmented cash pools and rising operational costs.

This article outlines the critical performance metrics—ranging from fund recovery rates and case closure speed to public trust—that are essential for justifying the investment in and managing the success of National Anti-Scam Centres.

FNA proposes a three-pillar strategy—advanced technology, regional clearing houses, and global leadership—to bridge the gaps between national anti-scam centers and combat the rising threat of cross-border fraudulent payment flows.

FNA explores the paradox of financial inclusion, where real-time payment systems empower millions but also create vulnerabilities for first-time digital users, necessitating national-level fraud utilities to protect consumer trust and economic progress.

This article details the strategic shift from traditional, episodic Real-Time Gross Settlement (RTGS) simulations to dynamic, always-on digital twins, which integrate real-time transactional data to continuously guide policy, optimize liquidity, and strengthen the resilience of financial market infrastructures.

This article explores the critical role of AI in national fraud portals and outlines FNA’s commitment to ethical principles—explainability, continuous feedback, privacy, and structured oversight—to ensure transparent and responsible scam detection across financial ecosystems.

FNA utilizes Graph Machine Learning instead of Federated Learning for real-time payment fraud detection because centrally analyzing hashed, multi-bank data reveals coordinated illicit networks and significantly increases predictive performance.

FNA and Proto have partnered to equip financial authorities with an end-to-end fraud recovery solution, combining multilingual AI reporting assistants with real-time transaction analytics to rapidly trace stolen funds and protect vulnerable consumers.

Jeremie advocates for a paradigm shift in treasury management, utilizing network analytics to visualize and manage liquidity not as isolated, static balances, but as a dynamic, interconnected system of flows and structural dependencies.

FNA has joined the Mojaloop Foundation’s Global Partner Program to integrate advanced AI-driven Fraud Portals into inclusive instant payment systems (IIPS). This partnership ensures that global initiatives designed to accelerate financial inclusion are simultaneously secured against the rising threat of payment fraud and scams.

In November 2024, FNA was awarded a substantial grant ($2.9m) by the Gates Foundation to support FNA in developing a “Fraud Portal as a Service” solution running on the cloud, as well as full implementation of the FNA Fraud Portal in one of its priority jurisdictions

The BIS Innovation Hub has provided a key forum for exchange at a recent event in London. FNA’s solution tackling the problem statement “How can privacy technology be used to support public and private institutions to share data and intelligence; and collaborate while preserving user privacy?” was shortlisted

FNA President, Phillip Straley joined Payment Canada’s Summit Series: Shaping the Future of Fraud in Real-time Payments, which explored practical approaches, technological solutions and lessons learned to effectively manage fraud in the era of real-time payments.

An executive recap of key financial trends in Asia, highlighting regional progress in fraud prevention, the surge in offshore Renminbi business, and the modernization of national payments infrastructure.