FraudRules & deadlines
UAE banks retire SMS and email one-time passwords
Banks had until 31 March 2026 to phase out OTPs sent by SMS and email. Approval inside the bank's app replaces them.
UAE banks · UAE31 Mar 2026
FraudLive
Bank Albilad scores every transaction in real time to hunt mule accounts
The Saudi bank uses machine learning and network analysis from SAS. The vendor reports half the false positives and 70% more fraud losses prevented.
Bank Albilad · KSA9 Jan 2025