Fintech News

JUNE 12, 2025

The session, hosted by Arys Agusman, Business Development Manager for Sumsub APAC, brought together Sumsub , Sygna, RedotPay and Asosiasi Blockchain Indonesia to outline what Indonesian crypto firms must do to stay ahead in regulatory compliance. News Regulatory Body, New Regulations to Adhere to? How to Build a Robust Compliance Program?

Compliance 117

Compliance Travel Rule Risk Due Diligence 117

Fintech News

JUNE 16, 2025

Experian and GBG have expanded their partnership to enhance fraud prevention and identity verification services for organisations across Australia and New Zealand. The move comes amid growing concerns around identity-related fraud. said Carol Chris, General Manager APAC at GBG.

APACS 70

APACS Verification Fraud Prevention AML 70

Fintech News

JUNE 11, 2025

Fragmented compliance requirements, inconsistent reporting standards, and widespread adoption of remote onboarding all combine to make APAC an ideal testing ground for cybercriminals. They’re also opening credit accounts, taking loans, and committing fraud for years before vanishing. APAC is on the same trajectory. In the U.S.,

Crime 66

Crime Deepfake AI APACS 66

Fintech Finance

JUNE 10, 2025

These solutions will reduce friction for consumers by being digitally native while improving payment security and authorisation rates with enhanced transaction data and state-of-the-art fraud prevention techniques.

AI 88

AI Stablecoins Credential Payment APIs and Integration 88

Fintech News

FEBRUARY 5, 2025

Additionally, it enhances fraud prevention by identifying data inconsistencies, helping to reduce identity theft and fraudulent account creation. A recent initiative, the Scam Prevention Framework, aims to enforce stricter safeguards, introducing penalties of up to US$50 million for non-compliance.

Verification 70

Verification Checks Security Identity Theft 70

Finovate

NOVEMBER 27, 2024

Digital identity and fraud prevention solutions provider Signicat has forged a strategic partnership with APAC-region data specialist AsiaVerify. ” AsiaVerify is Signicat’s first APAC-specific data provider, offering real-time access to authoritative data from official sources in countries like China and Singapore.

Compliance 65

Compliance APACS Regulatory Compliance Fraud Prevention 65

Finovate

MARCH 7, 2025

Wero and other solutions like it must be really secure, have robust fraud prevention, and partner with regulators to ensure compliance. You need a frictionless experience for people on both sides of the counter, as it were, if you want to drive adoption. And then trust. The final piece is education and awareness.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

The Fintech Times

OCTOBER 31, 2024

SHOPLINE will leverage Unlimit’s portfolio of more than 1,000 global payment methods and card acquiring services to help Chinese merchants seamlessly process customers in other APAC countries and new markets, like LatAm, Europe, the UK as well as Africa.

FinTech 59

FinTech Verification Money Laundering Regulatory Compliance 59

The Payments Association

JULY 18, 2025

Payments regulation roadmap: Q3 2025 18 July 2025 by Payments Intelligence Introduction Regulatory developments continue apace in the payments industry, ushering in a period of intensified complexity and strategic significance. Ensure board-level oversight and appoint a senior manager responsible for fraud prevention.

Regulations 88

Regulations Payment APIs and Integration Payments Legal 88

Fintech Review

MAY 4, 2025

Alloy A flexible KYC and fraud prevention platform that helps fintechs and banks automate onboarding and monitor customer behaviour in real time. 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

Fintech News

SEPTEMBER 2, 2024

Global verification provider Sumsub has introduced Local Data Processing (LDP) capabilities in the Asia-Pacific (APAC) region. These include AML (anti-money laundering) screening, KYC (Know-Your-Customer) and KYB (Know-Your-Business) processes, as well as ongoing transaction monitoring and fraud prevention.

APACS 120

APACS Privacy Regulations Fraud Prevention 120

Fintech News

MAY 27, 2024

This predicament is particularly acute for fintech firms in the Asia-Pacific (APAC) region, where the fintech sector is rapidly expanding. The Evolving Fraud Landscape APAC has seen a significant uptick in corporate data breaches, profoundly impacting fintech companies. million in 2021. million in 2021.

APACS 117

APACS Data Breach FinTech Fraud Prevention 117

Fintech News

MARCH 20, 2024

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution. This tool is designed to help businesses tackle fraud rings, account takeovers, chargeback fraud, and bot attacks.

APACS 109

APACS Fraud Prevention Deepfake Account Takeovers 109

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. The post German Regtech Hawk AI Appoints Robin Lee to Lead APAC Operations appeared first on Fintech Singapore.

APACS 113

APACS AI Financial Crimes Money Laundering 113

Fintech News

JANUARY 3, 2024

Fintech funding in APAC recorded a significant decline in H1 2023, dropping from US$6.8 As the fintech sector continues to grow and evolve in APAC, organizers are hosting a number of large-scale events to showcase the region’s latest innovations and fastest-growing players. billion in H2 2022 to US$5.1 billion, the data show.

APACS 119

APACS FinTech Web 3.0 AI 119

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

PYMNTS

SEPTEMBER 24, 2020

In a Masterclass interview with PYMNTS, Tom Donlea , vice president and general manager, APAC at global identity verification provider Ekata , said Asia offers greenfield opportunities — and some areas of risk — for merchants looking to offer digital wallets. For the firms that get it right, the opportunity within APAC is significant.

APACS 98

APACS Risk Online and Mobile Banking Verification 98

Finextra

MARCH 20, 2024

Sumsub, a leading global full-cycle verification platform, commits to tackling the alarming surge of fraud networks in Asia-Pacific (APAC) by launching its upgraded Fraud Prevention Solution.

Fraud Prevention 52

Fraud Prevention Account Takeovers Bots APACS 52

Finovate

MARCH 20, 2024

The two companies will leverage their new relationship to bring fraud prevention solutions to expanding markets, starting in Southeast Asia. The move comes in the wake of a report from the digital fraud detection innovator that noted rapidly growing incidents of financial cybercrime in the APAC region. Gadi Mazor is CEO.

Fraud Prevention 59

Fraud Prevention Fraud Detection APACS Financial Crimes 59

Fintech News

MAY 22, 2024

Data analytics company LexisNexis estimates that the cost of financial crime compliance in APAC will approach the US$45 billion mark in 2023, showcasing the substantial investment required to meet stringent compliance requirements. The round valued the startup at US$20 million.

Financial Crimes 101

Financial Crimes Crime APACS Risk Assessment 101

Finextra

NOVEMBER 26, 2024

Signicat, the leading pan-European provider of digital identity and fraud prevention solutions, has announced a strategic partnership with AsiaVerify, specialist in APAC-region data.

APACS 52

APACS Fraud Prevention 52

Fintech Finance

OCTOBER 21, 2024

Award-winning Swiss FinTech, NetGuardians , known for its enterprise risk platform focused on combating bank fraud, has been chosen by PalawanPay , the e-wallet app from the Palawan Group of Companies, to bolster its fraud prevention measures. PalawanPay and other financial institutions are taking these threats seriously.

Fraud Prevention 98

Fraud Prevention Account Takeovers APACS Scams 98

Fintech News

MARCH 21, 2024

PayLabo consolidates diverse payment methods across the APAC region into a single, convenient solution. Tamás Kádár Tamás Kádár, CEO and Co-founder of SEON said, “We want to help businesses across the region benefit from the highest levels of fraud prevention and cybersecurity performance.

Payment Service Provider (PSP) 113

Payment Service Provider (PSP) Fraud Prevention Cybersecurity Mitigation 113

The Fintech Times

OCTOBER 21, 2024

PalawanPay , a payroll, debt collection, payments, cash transactions, and remittance service provider in the Philippines, has selected Swiss fintech, NetGuardians , known for its enterprise risk platform focused on combating bank fraud, to bolster its fraud prevention measures.

Fraud Prevention 52

Fraud Prevention Account Takeovers APACS Scams 52

Fintech News

JULY 10, 2024

These partnerships aim to enhance fraud prevention efforts and strengthen the business environment in the region. Sumsub reports significant increases in fraud, particularly in deepfakes, across the Philippines, Indonesia, and Malaysia. Sumsub established its first APAC headquarters in Singapore in July 2023.

Identity Theft 109

Identity Theft APACS Deepfake Money Laundering 109

Fintech News

DECEMBER 10, 2023

Tackling this challenge requires a multifaceted approach focusing on data accuracy, technology integration, fraud prevention, and balancing customer experience with regulatory compliance. Combatting fraud As the world becomes more interconnected and instant payments gain prominence, the threat of fraud also rises.

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

Fintech Finance

SEPTEMBER 26, 2024

Since the two joined forces in 2017, Airwallex has integrated Trulioo Identity Document Verification, Business Verification and Person Match to achieve compliance and robust fraud prevention across 181 countries. jurisdictions. This collaboration goes beyond technology.

Fraud Prevention 98

Fraud Prevention Verification Payment APIs and Integration Compliance 98

CB Insights

MAY 27, 2021

Forter , a fraud-prevention platform for e-commerce, has raised $300M in a Series F with participation from Tiger Global Management, Bessemer Venture Partners, Sequoia Capital, and Scale Venture Partners, among others. Forter reportedly doubled its revenue and tripled its APAC employees in the last 12 months. Want the full post?

Fraud Prevention 44

Fraud Prevention APACS Participant Authorization 44

The Paypers

MARCH 21, 2024

Sumsub has launched its upgraded Fraud Prevention Solution aiming to tackle the surge of fraud networks in Asia-Pacific (APAC).

Fraud Prevention 36

Fraud Prevention APACS 36

Fintech News

JUNE 11, 2024

Hawk, a German regtech company with a presence in the APAC region , has announced the extension of its Series B funding round. The sum was not disclosed. This extension sees Rabo Investments joining the ranks of existing investors BlackFin Capital Partners, Sands Capital, DN, Picus, and Coalition.

Financial Crimes 109

Financial Crimes Crime Regulatory Compliance Fraud Prevention 109

Fintech Finance

OCTOBER 23, 2024

The global nature of its business required G2A.COM to scale its fraud prevention and payments program to meet growing demand. Forter’s technology uses the speed and sophistication of AI to detect patterns across vast datasets and the savvy of fraud experts to continuously update its models.

Blocks 98

Blocks Payments Fraud Prevention APACS 98

PYMNTS

JUNE 18, 2018

Emailage , the online fraud prevention startup that uses email addresses to assess risk, announced this week that it’s expanding its geographical footprint and establishing new offices in regions of interest, which has included strategic hires and reappointments. That can be even more difficult in APAC than in Europe and the U.S.,

Risk Assessment 51

Risk Assessment Assessments Risk APACS 51

PYMNTS

JANUARY 19, 2021

That shift has meant merchants must pivot from traditional retail partnerships that have relied on leveraging others’ expertise to build brick-and-mortar infrastructure-focused operations that would include back-end activities such as payments and fraud prevention. And everyone, he said, wants to crack the Chinese market.

Cross-Border 128

Cross-Border PCI DSS Fraud Prevention Regulations 128

The Paypers

JUNE 13, 2018

(The Paypers) Emailage , a fraud prevention and email risk assessment company, has undertaken a global expansion program across Asia Pacific (APAC).

Fraud Prevention 28

Fraud Prevention Risk Assessment APACS Assessments 28

Fintech Finance

JULY 30, 2024

and Europe, WorldFirst supports same-day settlement for payments to markets in the APAC region, including the the Chinese mainland, Singapore, Hong Kong SAR of China, Australia, Vietnam, Malaysia, Thailand, Japan and New Zealand, compared to the typical 2-5 days banks in the region usually require. “We In the U.K.

Cross-Border 98

Cross-Border Business Payments Accounts Cross-Border Payments 98

PYMNTS

DECEMBER 6, 2020

MonetaGo also announced the hiring of Tat Yeen Yap to head product development of the APAC region. Tat Yeen Yap added in a prepared statement: “MonetaGo is leading the charge in trade fraud prevention, and no other company in the world has a stronger track record.

Transactions 82

Transactions Security Fraud Prevention APACS 82

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