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...
Cannabis-related merchants – Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM)
Cannabis-related merchants - Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM) Mastercard Standards prohibit the processing of any transactions related to illegal activity or products under its card brand. Cannabis remains a...
The Sale of Opioid-related Substances – Latest AN 8201 Updates for the Mastercard Business Risk Assessment and Mitigation Program (BRAM)
The Sale of Opioid-related Substances - Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM) The International Narcotics Control Board (INCB) has published a list of fentanyl-related substances and synthetic non-fentanyl opioids with...
The Sale of Counterfeit Goods on Marketplaces – Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM)
The sale of counterfeit goods on marketplaces - Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM) Due to an increasing trend in the sale of counterfeit goods on marketplaces and other online platforms, Mastercard enforces its...
Instalment Payments and Violating Activity – Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM)
Instalment Payments and violating activity - Latest AN 8201 Updates for the Business Risk Assessment and Mitigation Program (BRAM) Merchants who provide instalment payments and who are found to be processing unlawful transactions must immediately discontinue any...
Austreme’s Director – Terence Chau, was invited on the panel of final judges for the “2023 Intelligent Business Opportunity Make IT Happen” event organised by JCI Peninsula in Hong Kong
The 2023 Intelligent Business Opportunity Make IT Happen event organised by the Junior Chamber International Peninsula invites founders of innovation and technology industry to share past experience, personal experience and insights on future development to students...
Changes to Merchant Monitoring Program (MMP) – AN4175
Changes to Merchant Monitoring Program (MMP) – AN4175 As a reminder to all merchants and customers of the Merchant Monitoring Program (MMP), Mastercard has applied the following changes: Merchant Monitoring Service Providers (MMSP) are to be registered by Acquirers...