The Critical Role of KYC in Card-Not-Present Transactions
As the landscape of digital commerce evolves, card-not-present (CNP) transactions have become increasingly common. However, these transactions come with heightened risks, making the implementation of robust KYC (Know Your Customer) processes more crucial than ever....
Discover the Surprising Truth About Consumer Fraud
A Latest Survey Reveals: 40% of Everyday Shoppers Admit to First-Party Fraud A recent survey has uncovered that a whopping 40% of everyday shoppers in Europe confessed to committing first-party fraud in the past year. But don't mistake them for professional fraudsters...
Austreme enters a global reseller partnership with Verifi, a Visa Solution, for Dispute Management and Chargeback Prevention
[Hong Kong, June 4, 2024] – Austreme, a leading acquirer risk solution provider today announces it has entered into a global reseller partnership agreement with Verifi, a Visa Solution. Through their partnership, Austreme and Verifi will expand dispute...
Austreme concludes Shanghai trip with a successful event and thrilling F1 Grand Prix
Austreme and his teammate indulged in a delightful dinner on the Bund, soaking in the magnificent Shanghai skyline, and concluded their Shanghai trip on a high note, celebrating a successful summit with the Aussie and China teams. The thrilling F1 Grand Prix served...
Terence Chau, Director of Risk and Compliance at Austreme, to speak at Ethoca Asia Partner Summit in Shanghai from April 19 to 21, by Mastercard
Terence Chau, Director of Risk and Compliance at Austreme, is gearing up to speak at the highly anticipated Ethoca Asia Partner Summit in Shanghai. With a focus on key topics such as PayFac licensing best practices, KYC/KYB, Webcrawl technology, Transaction...
Austreme is invited to participate in a quarterly cybersecurity seminar organized by the Hong Kong Police Force.
Austreme is invited to participate in the quarterly cybersecurity seminar organized by the Hong Kong Police Force's Cyber Security and Technology Crime Bureau (CSTCB) on April 11, 2024. The seminar aims to delve into the intricate relationship between artificial...
Austreme wins Silver Award in Cyber Security Startups and SMEs category at the Cyber Security Professional Awards (CSPA) 2023
Austreme wins Silver Award in Cyber Security Startups and SMEs category at the Cyber Security Professional Awards (CSPA) 2023 Austreme Technology has won the Silver Award in the Cyber Security Professional Awards (CSPA) 2023 – organised by The Hong Kong Police Force,...
Safeguarding Your Online Accounts: Prevent Account Takeovers and Protecting User Data
Account takeover occurs when fraudsters gain unauthorized access to customer accounts, often through phishing or data breaches. They can exploit stolen login credentials to perform fraudulent activities, such as unauthorized transactions and account manipulation....
Festive Fraud Protection: Resolving Merchant Disputes during Holiday Seasons
Merchant Disputes - Cases of friendly fraud arising after the holiday seasons A concerning trend in friendly fraud is emerging! A staggering 62% of merchants have reported a notable increase in occurrences between 2021 and 2022. Additionally, disputes experience a...
Austreme Director of Risk and Compliance – Terence Chau, attends annual Ethoca Global Partner Conference in Colorado, US
Annual Ethoca Global Partner Conference As an industry leader in collaborative solutions taking advantage of available fraud and dispute data, Ethoca will hold its annual ethoca global partner conference in December 2023 with selected partners, to share the latest...
Terence Chau, Director of Risk and Compliance at Austreme, to speak at Cyber Intelligence Fraud Detection conference hosted by Mastercard Asia Pacific Fraud Advisory Council
Terence Chau, Director of Risk and Compliance at Austreme, will attend the Cyber Intelligence Fraud Detection conference hosted by Mastercard Asia Pacific Fraud Advisory Council at the Grand Hyatt Hotel in Kuala Lumpur on 26-27 October 2023. As a guest speaker, he...
Visa Integrity Risk Program (VIRP) Pricing Latest Updates: October 2023
Visa is introducing new pricing for the Visa Integrity Risk Program in AP, CEMEA, and LAC (excluding Chile) from April 1, 2024. The program is designed to protect the integrity and security of the Visa payment system by ensuring that acquirers are engaging...
Austreme and WeTech enter strategic Partnership for cross-border payment risk solutions
Austreme announces a new partnership with WeTech, officially signed on September 5, 2023 in Shenzhen. This strategic partnership was formed to cooperate in financial technology, with goals to prevent transaction fraud, reduce chargebacks, improve transaction...
Legal and Regulatory Update Trends – Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM)
Legal and Regulatory Update Trends - Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM) Mastercard has updated information on Internet gambling and sports betting in Hungary and Moldova. From 1 January 2023, companies in Hungary and...
Adult Content and Deep Fake Content – Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM)
Adult Content and Deep Fake Content - Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM) Mastercard has updated its Adult Standards FAQs to further clarify consent and adult content requirements. In summary, if consent cannot be...