As increasingly sophisticated fraud continues to erode public confidence in digital finance, the International Monetary Fund and World Bank have released a global roadmap to combat online financial fraud. According to the joint statement, the document called “Bangkok Blueprint” was developed in cooperation with the Bank of Thailand and released during the annual meeting of the two institutions in Bangkok on Wednesday. The blueprint proposes 12 policy considerations to help countries identify risk gaps and develop comprehensive and coordinated response plans. IMF Managing Director Kristalina Georgieva said in a statement: “Trust is the foundation of all financial systems. As digital finance continues to expand, countries must strengthen cooperation to combat online fraud and maintain public confidence in technology that supports economic growth and financial inclusion.”

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