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The Full List of Fintech Unicorns in Asia (2025)

Fintech News

billion analytics and fraud detection Acko Insurance 1.07 The company became a unicorn in 2021 after raising $220 million in Series B funding from Tiger Global, Pegasus Wings Group, and Insight Partners. The company became a unicorn in 2021 after raising $125 million in its Series G funding round. Slice Valuation : $1.8

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Navigating the rise of AI-enabled fraud

The Payments Association

As payment systems become more digitised and interconnected, the attack surface expands, and the stakes for payments firms to invest in robust, AI-driven fraud detection and prevention systems have never been higher. fingerprints, facial recognition), and behavioural biometrics (e.g., keystroke dynamics or mouse movements).

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Identity Fraud Surges in Scale and Sophistication, with APAC’s Financial Services Becoming a Prime Target

Fintech News

Data from identity verification specialist Sumsub reveal that identity fraud incidents have more than doubled in the past three years, with account takeovers and deepfakes emerging as major concerns. Between 2021 and 2024, identity fraud rates increased from 1.1% Deepfakes now account for 40% of all biometric fraud detected.

Deepfake 101
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Payment Processing USA: 2024 Market Overview

Clearly Payments

They can also offer additional services like fraud detection, chargeback management , and analytics. trillion 2021 $4.2 Payment Processor: ISO/PayFac : The payment processor handles the sales, support, onboarding, and sometimes technology for merchants, such as the payment terminals and payment gateway. trillion 2019 $4.0

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FICO Urges FIs to ‘Work Harder Than Ever’ to Combat Fraud as PSD3 Regulations Beckon

The Fintech Times

“The UK has followed a similar trajectory to the rest of Europe, aligning with what FICO has seen in terms of the dominant fraud MOs that plague both the UK and Europe, as well as the common approaches taken in the last decade via initiatives such as PSD and PSR.” per cent increase from £551.3million in 2023.

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Tech innovation in payments: Bridging gaps and building an inclusive financial ecosystem

The Payments Association

Yet, paradoxically, according to the World Banks Global Findex 2021 , approximately 68% of unbanked adults own a mobile phone. AI plays a crucial role in fraud detection and compliance, ensuring that financial inclusion does not come at the cost of security.

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Behind the Idea: Abacum

The Fintech Times

This momentum accelerated when we joined Y Combinator in the winter of 2021, which validated our vision and execution. At the start of 2021, we were a team of 10; by years end, after closing our Series A with Atomico, we had nearly 60 employees. By the end of YC, we had secured our Series C with Creandum, further fuelling our growth.

Finance 66