Press Releases
CBK Launches "Fraud Shield Initiative Accelerator Program"
The Central Bank of Kuwait (CBK) is pleased to announce the launch of the “Fraud Shield Initiative Accelerator Program”, a strategic initiative aimed at enhancing electronic financial fraud detection, prevention, and public awareness across the financial sector. The program will bring together banks, payment service providers (PSPs), fintech innovators, and regulatory bodies to develop cutting-edge solutions that safeguard financial transactions and protect consumers. With the rise of sophisticated electronic financial fraud schemes, this initiative is designed to strengthen consumer protection, support regulatory compliance, and encourage fintech innovation.
