Financial institutions across Asia-Pacific are spearheading AI-driven anti-fraud measures in response to escalating financial crime, including ‘scam compounds’ orchestrating sophisticated online scams. Governments and industries in Hong Kong, Singapore, and Australia have launched initiatives using AI for fraud detection, customer protection, and identity verification. This regional leadership reflects urgency due to significant exposure to cybercrime activities. Asian banks prioritize AI applications in compliance operations, contrasting with other regions focusing AI on customer experience, setting a precedent for global financial fraud prevention strategies.