The Global State of Banking Scam Regulations | GASA Virtual Meet-up

Date of Event: 3 June 2025
Event: GASA Virtual Meet-up
As scam-related losses continue to rise worldwide, banks and regulators are under pressure to strengthen protections and clarify liability. On the 3rd of June 2025, the Global Anti-Scam Alliance hosted The Global State of Banking Scam Regulations , a virtual roundtable bringing together leaders from five countries to compare regulatory strategies, cross-sector initiatives, and priorities for preventing financial scams.
Jorij Abraham, Managing Director of the Global Anti-Scam Alliance , opened the session by outlining GASA’s role in uniting stakeholders across banking, government, telecom, and tech. He highlighted the importance of shared intelligence, global collaboration, and public-private partnerships in reversing the rising tide of scams.
Representing Australia, Nicholas Giurietto, General Manager – Policy at the Australian Banking Association , presented the country's "ecosystem approach" to scam prevention. He outlined the role of the National Anti-Scam Centre, the use of biometric onboarding, intelligence sharing through the Australian Financial Crimes Exchange, and a national Confirmation of Payee rollout launching in July.
Annick Moes, Senior Policy Adviser at the Euro Banking Association , provided a European perspective, focusing on the upcoming mandatory introduction of real-time payments and verification of payee across the Eurozone. She highlighted friction and complexity in implementation, especially for corporates, and called for enhanced fraud data sharing and typology alignment across sectors.
From the UK, Robert Harris, Head of EMEA Fraud Market Planning at Feedzai , discussed the impact of new Payment Services Regulator rules making scam victim reimbursement mandatory and splitting liability between banks. Early results show increased collaboration, faster resolution of cases, and improved consistency in compensation.
Pooja Paturi, Director of Digital Payments and Fraud Prevention at the Canadian Bankers Association , described Canada’s voluntary alliance model. The initiative has brought together over 50 organisations across four sectors to focus on shared awareness campaigns, data-sharing protocols, and the development of a national scam reporting and intelligence platform.
Paul Benda, Executive Vice President at the American Bankers Association , highlighted the unique challenges faced by the United States. With no central authority on scams, a highly fragmented banking system, and minimal federal coordination, the U.S. is pushing for a national strategy and broader engagement with tech platforms and telecom providers.
Throughout the discussion, speakers emphasised the importance of data-sharing frameworks, global scam taxonomies, and coordinated responses across borders. While approaches differ, the collective goal is clear: stopping scams before the money leaves the account.
Watch the full discussion below.
Latest blogs & research
How Amazon Is Helping Consumers Verify Messages and Avoid Impersonation Scams
Explore how Amazon uses AI and outgoing communication records to verify suspicious messages and inform approaches to impersonation scam prevention.
Whoscall, GASA and Mastercard Release the 2026 Asia Scam Report: Hong Kong
More Than 80% of Hong Kong Respondents Encountered Scams; Phone Calls and SMS Remain the Leading Channels
71% of Adults Surveyed Across 13 Asian Markets Encountered Scams, with Estimated Losses of US$136.5 Billion
This study of 17,460 adults across 13 Asian markets shows that scam exposure is widespread, with 71% of participants encountering a scam in the past year. While 66% say they are confident in recognizing scams, 62% of those exposed went on to interact with a scammer. Ultimately, 9% lost money or personal information that led to financial loss, while only 4% reported a scam to the authorities. The findings highlight a significant gap between perceived scam awareness and real-world resilience.
3 Ways to Prevent Cross-Border Payment Scams in Mexico
Learn three ways financial institutions can prevent cross-border payment scams in Mexico through intelligence sharing, payee transparency and real-time analysis.
Accra Trust & Safety Workshop Turns Collaboration into Action Against Scams and Fraud in West Africa
GASA Africa Chapter and Google South Africa brought anti-fraud leaders together to strengthen cross-border cooperation and scam prevention.
State of Scams in Nigeria 2026: A Comparative Review Across Africa
Nigerian experts examine scam trends, technology, consumer protection and the need for stronger cross-sector collaboration.
Nearly three in four Danish adults encountered scams as estimated losses reach DKK 10.1 billion
New State of Scams Denmark 2026 report finds scam exposure is rising, while victims face repeated financial and emotional harm.
Building a More Trusted Digital Philippines: New Report Underscores the Need for Collective Action as Scam Exposure Continues to Rise
GASA’s State of Scams in the Philippines 2026 Report, in collaboration with Mastercard and Gogolook, highlights the growing scale of the scam challenge in the Philippines.