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Taiwan’s Ministry of Digital Affairs unveils draft rules to combat fraud in third-party payments. The regulation mandates enhanced identity checks and reporting, with fines for non-compliance.

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.

As digital transactions simplify everyday life for many in Taiwan, they have also become a convenient tool for scammers targeting unsuspecting victims. Statistics provided by the National Policy Agency (NPA) under the Ministry of the Interior (MOI) reveal that Taiwan has witnessed over 20,000 annual scam cases since 2017.