Today saw the launch of the National Fraud Portal by Bank Negara Malaysia in collaboration with Payments Network Malaysia Sdn Bhd or PayNet and other financial institutions.
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National fraud portal
The NFP streamlines scam reporting and fund tracing, enhancing collaboration among financial institutions.
The portal also supports data-driven assessments of mule accounts and introduces standardized procedures for their management.
Protecting consumers
These initiatives are part of BNM’s broader efforts to protect consumers and maintain the integrity of Malaysia’s financial system.
Minister of Finance II YB Senator Datuk Seri Amir Hamzah Azizan presided over the launch, emphasizing the importance of securing the nation’s digital future.
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