The CBUAE requires banks and payment providers in the UAE to run fraud awareness campaigns each year. Here is what that awareness actually looks like: practical tips on passwords, OTPs, phishing, and what to do if fraud is suspected.
Fake alerts, suspicious links, and urgent requests are some of the most common card fraud tactics today — and they’re getting harder to spot.
A quick guide to staying safe
In the UAE, the financial sector is governed by robust laws designed to protect your money, your data, and your choices. But here’s the truth — rights are only powerful if you know them, and responsibilities only work if you act on them.
Starting July 25, 2024, the Central Bank of the UAE will begin implementing a major security change: banks will no longer send one-time passwords (OTPs) via SMS or email for credit and debit card transactions. Instead, institutions must adopt stronger authentication methods, s…
Financial security has become a vital part of our toolkit in this hyper–connected digital age. With the rise of online transactions and the prevalence of financial scams, it’s extremely important to stay vigilant and proactive in safeguarding your finances.
