Lawrence Jengar
Feb 12, 2026 10:12
Hong Kong’s central financial institution launches AI-powered anti-fraud marketing campaign with digital lai-see warnings as CNY phishing scams surge by way of messaging apps.
Hong Kong’s central financial institution is weaponizing synthetic intelligence in opposition to monetary scammers, launching a Chinese language New 12 months marketing campaign that immediately addresses the rising menace of digital fee fraud by means of messaging platforms.
The Hong Kong Financial Authority unveiled its “Unite to Struggle Scams” initiative on February 12, that includes an AI-generated music video the place Deputy Chief Govt Arthur Yuen battles a cartoon fraudster referred to as “Lachachu.” Past the inventive advertising and marketing, there is a sensible warning: scammers are actually distributing faux Chinese language New 12 months stickers and digital crimson packets containing phishing hyperlinks designed to steal private knowledge and funds.
The timing issues. Digital lai-see transfers by way of the Sooner Cost System and e-wallets have turn into normal follow throughout Lunar New 12 months celebrations. Fraudsters know this, embedding malicious QR codes and hyperlinks in what look like festive greeting playing cards shared by means of WhatsApp and WeChat.
A part of a Broader Crackdown
This marketing campaign builds on aggressive anti-fraud measures Hong Kong regulators carried out all through 2025. In April, the HKMA partnered with Hong Kong Police and the banking affiliation to develop Scameter knowledge utilization—a database flagging suspicious accounts—whereas conducting thematic opinions of banks’ anti-fraud techniques.
The “Cash Protected” service, which rolled out throughout all Hong Kong retail banks by December 31, 2025, now requires face-to-face verification earlier than prospects can entry protected funds. It is an old-school answer to a digital-age drawback, however regulators clearly determined friction beats fraud.
In January 2026, the HKMA additionally deepened collaboration with the Privateness Commissioner’s workplace particularly to fight private knowledge misuse in monetary scams—a recognition that stolen credentials usually allow the precise theft.
What Customers Ought to Know
The HKMA harassed it’ll by no means contact people about private monetary issues or request delicate data by way of SMS or hyperlinks. The authority additionally launched official “Horse Butler” animated stickers by means of verified channels solely—WhatsApp customers can discover them by means of WhatSticker, whereas WeChat customers ought to obtain completely from the HKMA’s official account.
For crypto and fintech customers accustomed to scanning QR codes for funds, the warning applies doubly. The identical social engineering techniques concentrating on conventional banking prospects work simply as successfully in opposition to digital asset holders. If somebody sends you an surprising crimson packet hyperlink this Lunar New 12 months, deal with it like an unsolicited DM providing assured returns—delete it.
Picture supply: Shutterstock
