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FSC ramps up fight against credit card fraud
Discover how Taiwan’s Financial Supervisory Commission is stepping up its game against credit card fraud with new measures to protect consumers from phishing scams and unauthorized transactions. Learn about the enhanced security steps being taken.2024/05/01 17:12 -
Final call: Claim your newborn’s NT$6,000 subsidy by Jan 31
Taiwan’s Ministry of Finance’s National Treasury Administration is reminding parents to claim their remaining NT$6,000 subsidies for newborns before 5 p.m. on Jan. 31. Out of the 35,000 eligible newborns, approximately 33,500 have already received their benefits. Parents need to present identification papers and the birth certificate of their newborn at the post office counter to receive the subsidies. If someone else is collecting on their behalf, they must also provide identification. In cases where the birth mother is not eligible, birth registration and confirmation of the father’s eligibility are required. The government does not send text messages or emails regarding money collection or enrollment, and will not ask for bank transfers over phone calls. If individuals encounter suspicious websites or messages, they should report it immediately by dialing the 165 anti-fraud hotline.2024/01/29 11:39 -
KMT’s Hou Yu-ih pledges major fraud crackdown in Taiwan
Kuomintang (KMT) presidential candidate Hou Yu-ih and his running mate, Jaw Shaw-kong, have pledged to crack down on Taiwan’s rampant fraud industry. If elected, they plan to conduct a sweeping operation against fraud groups in their first year, aiming to reduce fraud cases to a third of the current number in the second year and cutting them by half in the third year. Hou, drawing on his past anti-fraud experience, criticizes the current government for its investment in a national anti-fraud team that has seen an increase in fraud cases and arrests. He advocates for stronger surveillance by the National Communications Commission (NCC) in telecom facilities and emphasizes the need for cooperation with mainland China. Hou aims to leverage the Organized Crime Prevention Act to produce tangible results in the fight against fraud by the fourth year of his presidency.2023/12/07 16:56