Austreme Director of Risk and Compliance – Terence Chau, was invited to speak at the UnionPay International Semi Annual Operation Support Workshop, held in an online webinar on August 2nd 2022. This workshop was intended for Risk control, Security and Compliance, and Technical & System Operation Supports teams for both Issuers and Acquirer members.
UnionPay regularly organises operation support workshop for members to keep up-to-date with UnionPay International’s security and compliance development and trends, as well as technical and operational requirements.
As guest speaker, Terence was invited by UnionPay to share his expertise in risk and fraud, in topics including Card BIN testing, Transaction Laundering, Illegal sale of prohibited items and eKYC of e-commerce businesses to avoid onboarding shell websites. The presentation theme was “How to Monitor E-commerce Merchant Risk for Fraud and Non-compliant transactions?”.
In this seminar, audience learn more about solutions against fraudsters of today, how they conduct illegal sale of prohibited items, transaction laundering, and more.