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APAC Sees 23% Decline in Crypto Fraud

Fintech News

Cryptocurrency fraud is declining in Asia-Pacific (APAC), driven by advanced technology adoption and stricter regulatory oversight. According to a new report by Sumsub, crypto fraud rates declined by a remarkable 23% between 2023 and 2024, positioning APAC as a leader in combating crypto fraud. in 2023 to 2% in 2024.

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SC Ventures Launches Labamu to Aid APAC SMEs with Billing, Financial Tools

Fintech News

SC Ventures, Standard Chartereds fintech investment arm, has launched Labamu , an invoicing and billing platform for APAC small and medium enterprises (SMEs). Featured image credit: Edited from Freepik The post SC Ventures Launches Labamu to Aid APAC SMEs with Billing, Financial Tools appeared first on Fintech Singapore.

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APAC Fintech Faces 116% Spike in Fraud Linked to Deepfakes, Synthetic IDs

Fintech News

Fraud in Asia Pacific’s fintech and healthtech industries has risen sharply over the past year, according to new data from global verification provider Sumsub. The study also highlights a significant rise in synthetic identity document fraud, which increased by 233 percent across APAC, outpacing the global rise of 195 percent.

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13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

Among the 2025 honorees, 13 companies come from Asia-Pacific (APAC), underscoring the regions growing impact on cross-border transactions. The 13 APAC companies featured this year span a diverse range of industries, including telecoms, financial institutions, tech giants, and fintech startups.

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Worldpay Expands APAC Footprint with Entry into Thailand

Fintech News

Featured image: Edited by Fintech News Singapore, based on image by EyeEm via Freepik The post Worldpay Expands APAC Footprint with Entry into Thailand appeared first on Fintech Singapore. said Gabriel de Montessus, President of Global Enterprise at Worldpay.

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Mastercard Rolls Out First-Party Trust in APAC and Beyond to Address Friendly Fraud

Fintech News

Featured image: Edited by Fintech News Singapore, based on image by Frolopiaton Palm via Freepik The post Mastercard Rolls Out First-Party Trust in APAC and Beyond to Address Friendly Fraud appeared first on Fintech Singapore. said Johan Gerber, Executive Vice President, Global Head of Security Solutions at Mastercard.

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SAP Appoints Peter Moore as APAC Partner Ecosystem Head

Fintech News

said Simon Davies, Regional President, SAP APAC. Featured image credit: Edited from Freepik The post SAP Appoints Peter Moore as APAC Partner Ecosystem Head appeared first on Fintech Singapore. Peter brings a wealth of experience and a proven track record in building and managing successful partner programs.

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