Jacob Parker-Bowles Fintech in Asia

Introduction Anti-money laundering (AML) and financial crime (FinCrime) frameworks represent critical components of global financial integrity, designed to mitigate the risks posed by illicit activities such as money laundering, terrorist financing, and fraud. In Southeast Asia, a region characterized by rapid economic growth, digital transformation, and diverse regulatory environments, these issues have gained heightened prominence. As of 2026, Southeast Asian economies, including Singapore, Malaysia, Indonesia, Thailand, the Philippines, and Vietnam, continue to grapple with evolving threats exacerbated by geopolitical tensions, technological advancements, and cross-border financial flows. This article examines the current landscape of AML and FinCrime in the region, projects key trends for 2026, and includes a dedicated section on the adoption of artificial intelligence (AI) in combating these challenges. Drawing on empirical data and expert analyses, it underscores the need for ad...

The proliferation of online scams and cybercrime has emerged as a significant challenge to global financial security and societal trust, particularly in Southeast Asia, where criminal networks exploit technological advancements and regulatory gaps. Cambodia, a nation historically associated with economic vulnerabilities and weak governance, has faced scrutiny for its role as a hub for transnational cybercrime, notably "pig butchering" scams and other fraudulent schemes. However, recent developments indicate that Cambodia is taking proactive measures to address these issues, aligning with international efforts to curb cyber-enabled fraud and strengthen anti-money laundering (AML) frameworks. This article examines Cambodia’s positive actions in combating online scams and cybercrime, alongside emerging artificial intelligence (AI) initiatives in Cambodia and other Southeast Asian countries aimed at enhancing fraud detection and AML compliance. Cambodia’s Efforts to Combat Online...