Austreme is awarded the Hong Kong FinTech Impetus Awards 2020 –

Regulatory Technology: Anti-money Laundering & Terrorist Financing

A global leader in merchant compliance monitoring and payment big data analytics, Austreme International is pleased to announce that its E-Money Laundering Inspection is awarded as the winner for the Hong Kong FinTech Impetus Awards 2020 – Regulatory Technology: Anti-money Laundering and Terrorist Financing.


Organised by Metro Financial and KPMG, the Hong Kong FinTech Impetus Awards 2020 recognises organisations for their contributions to promote the development and popularisation of financial technology, leading Hong Kong into a new era of financial technology. Under Secretary for Financial Services and the Treasury – Mr. Joseph Chan was the Guest of Honour attending the award ceremony.


Austreme’s E-Money Laundering Inspection for global online payment is an e-commerce merchant compliance monitoring and risk management solution, specializing in Know Your Transaction (KYT) mechanisms. It helps banks and payment service providers detect any merchant violations and processing of restricted or illegal transactions executed via e-money laundering. These restricted transactions may be incomes from (but not limited to) illegal gambling, selling of prohibited drugs, child pornography or IP infringements like counterfeits. Austreme’s E-Money Laundering Inspection is widely adopted, and recognised by Visa and MasterCard – a recommended tool to their member banks globally. In 2015, Austreme became MasterCard’s Merchant Monitoring Service Provider (MMSP), whereby acquiring banks registering Austreme as its MMSP are entitled to penalty waivers. Furthermore, the solution is the industry’s first, and the only merchant monitoring service that complies with Payment Card Industry Data Security Standard (PCI-DSS) onsite audit certification.


Terence Chau, Founder and CEO of Austreme, said: “It is exciting to see that Austreme’s E-Money Laundering Inspection is the winner of this award, highlighting a testament to our achievements as the world’s first and leading provider and innovator of E-Money Laundering Inspection technology.” Mr Chau adds: “Receiving this award recognises our unending commitment to develop RegTech / FinTech solutions to support banks and payment providers in fighting financial crime, and ultimately, – to enforce a safer online payment environment for everyone.”


The Hong Kong FinTech Impetus Awards 2020 honours organisations that contribute to develop Hong Kong to become a global FinTech hub. The judging panel was formed by Metro Finance, selecting professional representatives from different sectors to award winners who have distinctive contributions to the innovation and development of FinTech. The winners were selected based on five main judging criteria – in terms of team, innovativeness and transformation, use of technology and data, product, capital/market recognition, financing and others.


Austreme is a proud innovator of online payment and developer of personalised services through big data and artificial intelligence.


About Austreme

Austreme International is a leading FinTech company specializing in merchant and payment intelligence, helping brand owners, acquiring banks and payment service providers monitor and detect online merchants’ illegal and brand-damaging transactions under international card associations’ global brand protection program. We provide a wide range of financial risk management services for customers globally, specializing in big data analytics, anti-transaction laundering, online store illegal content monitoring and merchant onboarding. For more information about Austreme, please visit