Exclusive | Hong Kong ATMs to have pop-up warnings as scam losses mount to HK$6.41 billion: police chief
Police chief Raymond Siu also warns that deepfake-technology scams are likely to be the next major form of swindling to plague the city
Bank users will get pop-up warnings on their ATMs by the end of March when suspected fraudulent transactions occur as Hong Kong doubles down against scams with mounting losses reaching HK$6.41 billion in the first three quarters this year, the police chief has revealed.
To ramp up prevention measures, Siu said, warning messages on suspected fraudulent transactions shown on the city’s Faster Payment System (FPS) would be extended to ATMs by the end of the first quarter next year.
“If a victim is paying a scammer via an ATM, [the machine] will also pop up an alert, so that will be 100 per cent coverage,” he said.
Since November, FPS users have received a warning when they enter details of recipient accounts flagged by the police force’s Scameter database as “high risk” for having a history of involvement in fraud. About 715,000 alerts have been sent as of the end of last month.