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🇦🇷 Argentina /Economy & Trade

Argentina’s central bank will share information to identify accounts linked to fraud and illegal gambling

From La Nación · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Approved/passed
  • Argentina’s Central Bank will share public information with instant-transfer administrators to improve fraud monitoring and identify unusual transaction patterns.
  • Coelsa, NewPay, Red Link and Interbanking will create fraud-risk profiles for individuals and provide them free of charge to banks and payment providers.
  • The system will be introduced gradually under Communication A 8473, as the bank seeks to address fraud complaints and accounts linked to illegal gambling.

Argentina’s Central Bank is opening a new information channel for instant-payment administrators to help identify accounts that could be used to move money linked to fraud or illegal gambling.

The bank will make public information available to Coelsa, NewPay, Red Link and Interbanking. Those companies will use it to build a fraud-risk profile for each person and provide the profiles free of charge to banks and payment-service providers that offer payment accounts.

The profiles will support transaction monitoring, customer onboarding and periodic reviews required under know-your-customer rules. The Central Bank said the tool is intended to give payment-system participants a broader view of possible fraudulent behavior and complement the analytical models they already use.

The protection of users through the use of a tool that provides a systemic view, complementing and enriching the analytical models currently used by the different actors in the national payments system to detect possible fraudulent behavior at an early stage.

· Argentina’s Central BankThe bank explained the purpose of the shared-information system.

The bank said the information would receive confidential and responsible treatment. It also said implementation would be gradual, meaning that its effects may take several months to become visible.

The measure follows frequent complaints about unknown or potentially fraudulent transactions at ATMs and electronic channels, as well as unauthorized or unagreed debits. The Central Bank said unauthorized debits recorded the largest year-on-year change in their share of total complaints between 2024 and 2025. The framework was approved by the bank’s board through Communication A 8473.

Gradual

· Argentina’s Central BankThe bank used this term to describe the rollout of the new system.
About this summary

Originally published by La Nación in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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