Finovate

APRIL 9, 2025

. “Security Bank is transforming digital banking in the Philippines, and we’re proud to support their vision with advanced identity verification that makes onboarding both more secure and convenient,” said Entrust Regional VP of Sales, APAC, Harvinder Singh.

Security 87

Security Verification Deepfake Fraud Detection 87

Fintech News

OCTOBER 22, 2024

In Asia-Pacific (APAC), fraud is becoming an increasingly serious challenge for financial institutions, an issue that has been exacerbated by the rapid adoption of digital transactions and online banking. A year later, Kathmandu-based NIC Asia Bank suffered a major heist, with hackers managing to make about US$4.4

APACS 123

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 123

Fintech Finance

JUNE 18, 2025

In the Asia-Pacific (APAC) region, new research from Mastercard shows that 94% of Gen Alpha children [1] already have access to a financial account [2] , while many hold digital wallets (58%), investment accounts (49%), and credit cards (48%). 60% are unsure that their financial knowledge applies to their children’s generation.

Financial Literacy 52

Financial Literacy Visa APACS Rules 52

The Fintech Times

FEBRUARY 17, 2025

Across different regions – from Europe and the US to APAC and LATAM – banks are tweaking their AI strategies to their unique market conditions. Could handing more control to AI mean less human oversight in critical decisions, or even open the door to new risks in fraud detection and compliance?

FinTech 59

FinTech Romance Scams Scams AI 59

The Fintech Times

JUNE 3, 2025

Marcin Glogowski, head of international, Marqeta, said: From real-time wages to AI-led fraud detection, were seeing a convergence of innovation that puts the UK at the forefront of financial infrastructure modernisation. Additionally, the shift away from legacy systems continues apace.

Research 45

Research Consumer Fraud Detection Payments 45

Fintech News

JUNE 3, 2024

The Asia-Pacific (APAC) region faces significant challenges in combating money laundering due to its diverse economies, large volume of cross-border trade, and varying levels of regulatory enforcement across different countries — the trends of money laundering in Asia Pacific are constantly evolving.

Money Laundering 127

Money Laundering Financial Crimes Crime APACS 127

Fintech News

NOVEMBER 12, 2024

Visa unveils suite of new products and services Visa announced a suite of new products and services aimed at transforming the future of payments in the Asia Pacific (APAC) region: Visa Flexible Credential allows a single card to switch between various payment options, such as debit, credit, installment payments, or rewards redemption.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

FICO

JANUARY 29, 2019

Banking AI - APAC Survey. We found that 91 percent of banks in Asia Pacific (APAC) felt they lagged behind banks in the US and Europe when it came to implementation of AI in their operations. The survey also found that more than half of APAC respondents see AI and machine learning as a means to help improve operational efficiency.

APACS 45

APACS AI Fraud Detection Continuity 45

Finovate

MARCH 20, 2024

Digital fraud detection innovator BioCatch has forged a partnership with Google Cloud. The two companies will leverage their new relationship to bring fraud prevention solutions to expanding markets, starting in Southeast Asia. ” BioCatch helps companies deal with this shifting landscape of digital fraud threats.

Fraud Prevention 59

Fraud Prevention Fraud Detection APACS Financial Crimes 59

Fintech News

MARCH 26, 2024

In the sixth annual compendium of 500 burgeoning companies across the Asia Pacific (APAC) by the Financial Times and Statista , technology enterprises constitute nearly a third of the 2024 roster, with 8% of the APAC’s fastest-growing entities being fintech companies.

FinTech 104

FinTech APACS Payment APIs and Integration Multi-Currency 104

The Fintech Times

MARCH 5, 2024

In North America, 27 per cent of banks displayed low readiness, followed by Europe with 31 per cent, and Asia-Pacific (APAC) exhibiting a significant lag, with 48 per cent of banks scoring low. Meanwhile, 41 per cent scored average, indicating a widespread lack of readiness to embrace and effectively implement intelligent transformation.

AI 128

AI Fraud Detection Automation APACS 128

The Fintech Times

SEPTEMBER 11, 2024

This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated. AI-powered fraud-as-a-service (FaaS) platforms have enabled these mass-scale attacks, contributing to APAC now holding the highest global fraud rate, with 3.27

Bots 59

Bots Deepfake Automation APACS 59

Fintech Finance

OCTOBER 21, 2024

Our solutions can accurately detect suspicious transactions without disrupting customer service,” added Tat Wee Koh, NetGuardians’ APAC Sales Director. The post Netguardians Selected by PalawanPay to Deliver Best-in-Class Fraud Protection for Customers in the Philippines appeared first on FF News | Fintech Finance.

Fraud Prevention 98

Fraud Prevention Account Takeovers APACS Scams 98

BioCatch

JULY 16, 2024

In our recent Digital Banking Fraud Trends in APAC report, we focused on the fraud trends we’re seeing throughout the region and highlighted how scams are increasing practically everywhere.

APACS 52

APACS Scams Fraud Detection Fraud Prevention 52

Fintech News

FEBRUARY 21, 2024

The introduction of more sophisticated fraud detection technologies and a growing awareness among investors about the risks of scamming tactics contributed to this downward trend. billion (SG$ 32.51 Advancements in blockchain analytics and crime prevention technologies have been pivotal in identifying and combating illicit activities.

Crime 109

Crime Ransomware Scams Romance Scams 109

Fintech News

MAY 20, 2024

Moderating the session will be Tristan Chiappini, VP APAC and Managing Director at PPRO. The event will feature panelists Nitin Kashid, Global Head of Payment and Partnerships at Zip; Colin Creagh, Head of Klarna, Ireland; and Dipti Khalate, Head of Growth at Zalora.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

The Fintech Times

APRIL 23, 2024

In 2021, the majority of attacks detected were traditional fraud attempts identified by the IDV suite, with synthetic AI-generated fraud accounting for only a third of the loss prevented. However, by 2023, a significant 70 per cent of the fraud loss prevented was synthetic AI-generated fraud detected by the Serial Fraud Monitor.

Transactions 64

Transactions Verification Fraud Detection AI 64

Fintech Finance

MAY 30, 2024

The tests could lead to the wider use of information sharing in fraud detection, building on its success in assessing cybersecurity threats. AI’s capability for confidential data sharing could be a game-changer for the industry.

Cross-Border Payments 64

Cross-Border Payments Cross-Border SWIFT AI 64

Fintech News

OCTOBER 13, 2024

And nowhere is that more prominent than APAC, which boasts adoption rates of 70% to over 80%, the highest globally. Global digital wallet payments are expected to reach US$19.6 trillion by 2027 , an 81% increase from current levels.

AI 52

AI Cross-Border FinTech Issuers 52

FICO

JANUARY 30, 2017

APAC Fraud Forum : At this FICO customer meeting in the Philippines, my presentation highlighted FICO’s advances in mobile analytics and cyber analytics. My topic here is “Fraud Detection and Advanced AI for Cyber Threats,” framing the FICO story for a financial services audience.

Best Practices 60

Best Practices AI Volume Fraud Detection 60

Fintech Review

MAY 4, 2025

Jumio One of the longest-standing providers of ID verification and AML compliance tools, covering document checks, liveness detection, and transaction monitoring. Veriff Specialises in advanced video-based identity verification with high fraud detection rates and rapid onboarding speeds.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

NOVEMBER 4, 2019

Rahul Pangam, co-founder and CEO of fraud detection services firm Simility , recently spoke to PYMNTS about fighting fraud in emerging and developing markets, which aren’t one and the same. Asia made up the largest share of fraud costs (28 percent) for U.S.

Online and Mobile Banking 49

Online and Mobile Banking Cross-Border Federal Trade Commission Fraud Prevention 49

Fintech Finance

JUNE 6, 2024

AI has had the most impact on the sector Since Money20/20 last year, the industry has witnessed mass adoption of AI into operations and services across the entire financial landscape, from fraud detection to data processing, to chatbots for customer service.

Instant Payments 52

Instant Payments Payments AI Regulations 52

FICO

SEPTEMBER 5, 2022

Read Fraud Trends for 2022: Top 5 Includes ‘Scamdemic’ and Bad Bots. Listen to the recent FICO Fraud Matters Podcasts “Around the World in Scams”; Episode 5 focuses on scams in the EMEA and APAC regions , while Episode 6 focuses on scams in NORAM and LAC. Explore our payments fraud solutions. See all Posts.

Scams 52

Scams Financial Crimes Credit Cards Push-to-Card 52

FICO

NOVEMBER 16, 2022

The answers ranged from high levels of false positives to length of time to process fraud alerts, all the way to feeling like current systems were lacking innovation. The study found that more FIs in EMEA and APAC cited high levels of false positives as a top pain point. How FICO Can Help You Detect and Prevent Transactional Fraud.

Fraud Prevention 52

Fraud Prevention Compliance Fraud Detection Regulatory Compliance 52

FICO

JANUARY 23, 2019

Certainly, a tall order for every fraud professional, but it was great to see the dialogue and ideas that were shared by both presenters and delegates as they have embarked on the high-speed journey. caption id="attachment_37593" align="alignright" width="214"] Raed Taji - Head of APAC, Fair Isaac Advisors, Fraud, Waste and Abuse[/caption].

Financial Crimes 40

Financial Crimes Crime Advisors AML 40

Fintech News

MAY 28, 2025

SEON has announced growth across the Asia-Pacific (APAC) region. The company attributes this expansion to an increased demand for unified, real-time fraud detection and Anti-Money Laundering (AML) solutions. SEON has recently added new clients in the APAC region, including Salmon Group Ltd, CryptoGaming.com, and Forever Network.

APACS 70

APACS Fraud Detection Money Laundering Regulatory Compliance 70

Fintech News

OCTOBER 28, 2024

How can banks successfully balance the calls for innovation in an increasingly competitive fintech space against neobank upstarts, super-apps, and resurgent e-wallets across Southeast Asia while addressing security concerns arising from AI-based fraud?

Verification 122

Verification Deepfake AI Identity Theft 122

Fintech News

DECEMBER 17, 2024

Countries in Asia Pacific (APAC) such as India and China are also quickly catching up, showing that AI is becoming a truly global phenomenon. They use it for tasks such as predictive analysis, fraud detection, and performance evaluation. This widespread adoption is driven by AIs ability to deliver tangible results.

AI 124

AI Audit Fraud Detection Compliance 124

Fintech Finance

MAY 28, 2025

In partnership with Censuswide, Endava surveyed 500 leaders of fintech businesses and payment providers across the EMEA, APAC, and AMER regions to uncover their attitudes to market expansion and insights into current industry trends. Success will depend on how well strategies align with regional payment trends.

Research 59

Research FinTech APACS Fraud Detection 59

Fintech News

MAY 4, 2025

This everyday experience reflects a broader shift in consumer expectations for payments across Asia-Pacific (APAC) speed, flexibility, and security are no longer perks. This hybrid approach ensures both efficiency and control, which is essential for navigating APACs diverse and complex payment ecosystem. They are the baseline.

APACS 70

APACS Payments Reconciliation On-Demand 70

Fintech News

FEBRUARY 11, 2025

The uncertainty surrounding AI regulations has left financial institutions grappling with compliance challenges, particularly in regions like the Asia-Pacific (APAC), where regulatory approaches vary widely. the EU and APAC. Other APAC countries have opted for guidelines and ethical frameworks rather than legislation.

AI 120

AI Regulations APACS Consumer Financial Protection Bureau (CFPB) 120