APACS Fraud Detection Money Laundering 
Fintech News
MARCH 24, 2025
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.
Fintech Review
MAY 4, 2025
It is non-negotiable for any business handling payments, onboarding customers, or moving money across borders. Strong Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks are now expected not just by regulators, but by enterprise partners and customers.
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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.
Fintech News
FEBRUARY 14, 2024
Hawk AI, a Germany-based provider of artificial intelligence technology for fraud detection and anti-money laundering efforts, has announced Robin Lee as the new General Manager for its Asia-Pacific (APAC) operations. Robin Lee Robin Lee said, “I’m delighted to be joining Hawk AI.
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$4.4
The Fintech Times
SEPTEMBER 11, 2024
This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated. AI-powered fraud-as-a-service (FaaS) platforms have enabled these mass-scale attacks, contributing to APAC now holding the highest global fraud rate, with 3.27
Fintech News
FEBRUARY 21, 2024
The introduction of more sophisticated fraud detection technologies and a growing awareness among investors about the risks of scamming tactics contributed to this downward trend. billion (SG$ 32.51 Advancements in blockchain analytics and crime prevention technologies have been pivotal in identifying and combating illicit activities.
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