AI-enabled financial fraud needs stronger safeguards, IMF, World Bank say

( October 14, 2026, 11:22 GMT | Official Statement) -- MLex Summary: Generative AI is making cyber-enabled financial fraud easier to scale, says a paper accompanying a framework from the International Monetary Fund and World Bank Group, as the two authorities issued a set of international principles against digital fraud. The framework, known as the Bangkok Blueprint, urges clearer accountability across financial services and digital platforms, stronger legal foundations, more information sharing and more cross-border cooperation.Statement follows. Report attached....

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