Far Eastern International Bank collaborates with the National Police Agency and VASP to launch a cross domain anti fraud network

        Faced with the rapidly evolving fraud methods and cross domain flow of financial resources, Far Eastern International Bank, as the largest virtual asset financial services bank in Taiwan, announced on January 8th that it will work together with the Criminal Police Department of the National Police Agency of the Ministry of the Interior and major virtual asset exchanges across Taiwan to create the only "cross domain anti fraud network" that spans banks, police agencies, and VASP in Taiwan, enhancing Taiwan's anti fraud system and entering a new stage of cross domain real-time cooperation.

        Preventing potential fraud amounts exceeding NTD 450 million, successfully returning 1/4 of the total fraud amount in Taiwan

        According to statistics from the National Police Agency, from January to October 2025, the total amount of NT $198 million returned for warning account fraud in Taiwan; As of October 2025, Far Eastern International Bank has successfully returned over NTD 50 million through various immediate self regulatory and blocking mechanisms, accounting for approximately 26.4% of the total amount returned in Taiwan. Despite the fact that the proportion of warning accounts in Taiwan is only 1.6%, Far Eastern International Bank has contributed over a quarter of the refund amount, demonstrating the highly effective and substantial influence of Far Eastern International Bank's anti fraud mechanism.

        Unlike traditional fraud prevention methods that rely heavily on post event reporting and freezing mechanisms, Far Eastern International Bank actively introduces AI technology to construct a multi-layered risk control architecture that includes "pre warning, in-process prevention, and post event tracking". Through real-time analysis of transaction behavior, amounts, and time trajectories, combined with external risk databases and cross institutional data integration, it conducts multi-dimensional intelligent detection and warning.

        Data shows that up to 70% of suspicious transactions marked in real-time were converted to warning accounts within 90 days; As of now, Far Eastern International Bank has successfully blocked more than NTD 300 million of suspicious and potential fraudulent transactions through its self regulatory mechanism. In addition, it has established two-way defense with exchanges and blocked branch counter operations, resulting in a total potential fraud amount that has been blocked exceeding NTD 450 million.

        Far Eastern International Bank regards fraud prevention as its core financial responsibility. Through a multi-layered risk management architecture, combined with AI assisted analysis, and actively collaborating across domains with VASP and the National Police Agency, it not only provides early warning and reduces the risk of fraud for the public, but also blocks abnormal cash flows in real time during the process, and assists in tracking and returning funds afterwards, effectively blocking fraudulent cash flows when they enter the financial system, creating a safe and convenient virtual asset trading environment for customers.

        The first bank in Taiwan to join hands with VASP to prevent fraud: two-way joint prevention, real-time detection, and real-time control

        When Far Eastern International Bank receives 165 notifications or detects suspected abnormal transactions, it will work with the exchange to jointly control and prevent the flow of funds; If VASP operators detect suspected abnormal transactions, they also report and synchronize control through the API in real time, and inform the cooperating VASP operators to synchronize control, in order to achieve the anti fraud effect of two-way joint prevention, real-time detection, and real-time control. Under the cooperation of the two-way joint prevention and instant control mechanism, Far Eastern International Bank has successfully blocked an amount of NTD 40 million as of the end of November 2025.

        Collaboration between police and government agencies to connect potential victim lists, proactively protect clients before fraud prevention moves forward

        According to data from the National Police Agency, the police analyzed the information of 90000 potential victims over the past two years and found that 25% of the victims knew they had been scammed but did not report it; Another 22% of victims do not believe they have been deceived and refuse police assistance, even continuing to pay deposits to fraud groups through methods such as remittance, face-to-face payment, or transfer.

        Deputy Director of the Criminal Police Department, Chen Shihuang, stated that by 2025, Far Eastern International Bank will be the first to communicate with the Criminal Bureau about "potential victims" and combine existing counter care and prevention mechanisms to prevent fraud amounting to nearly NTD 110 million. In cooperation with the government's anti fraud policies, they will assist in returning NTD 52.34 million in victim funds, demonstrating that relevant anti fraud measures have achieved substantial results. The Criminal Police Department also recognizes the professionalism and dedication of frontline colleagues in the bank's counter care, transaction judgment, and immediate interception work. It is precisely because financial institutions are at the forefront of fraud prevention that they can fight for critical time for the overall prevention system.

        Launching cross domain anti fraud network, banks become key gatekeepers

        Chairman Zheng Guangtai of the Virtual Currency Business Association stated that the sound development of the virtual asset industry relies on the joint cooperation of banks, governments, and exchanges. Only through institutionalized joint defense mechanisms can a safer, more transparent, and trustworthy trading environment be established. This is not only about preventing fraud, but also the key to sustainable development of the industry.

        Far Eastern International Bank has teamed up with multiple virtual asset exchanges in Taiwan to create a cross domain anti fraud network, including Liu Shiwei, CEO of MaiCoin Group, Chen Yiling, Vice President of Business at BitoPro Coin Trust Group, Hong Minfeng, Senior Vice President of XREX, Wang Shijie, CEO of ZoneWallet, and Guo Changxun, Chairman of Hongzhu Digital. They hope to gather professionals from various industries and work together with police and government agencies to create a cross domain anti fraud network, so that anti fraud is not just a slogan, but can truly help customers retain money, demonstrating the high consensus and action power of Taiwan's VASP industry in anti fraud joint prevention.

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