Austreme won the Hong Kong FinTech Impetus Awards 2020 – Regulatory Technology: Anti-money Laundering & Terrorist Financing
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...
Austreme Announces New Automated AML Screening for its Merchant Onboarding Inspection
Austreme’s new automated AML screening addition has arrived to intelligently reduce false positives and increase accuracy and consistency of results in global AML verifications to minimise risks associated with high-risk business owners or ultimate beneficial...
Austreme Has Been Granted a Patent of Its Transaction Laundering Detection Technology
(Oct 9, 2019 – Hong Kong) Austreme has been granted a patent for its transaction laundering detection (TLD) technology – a pioneering technology that assists the payment industry in detecting transactions from unauthorized e-commerce websites. “Since Austreme’s...
Austreme’s Director Terence Chau Received Fellowship from SERA
Our director Terence Chau received his fellowship from Social Enterprise Research Academy for his profound contributions to the financial industry and the society. Congratulations!! Press Release from SERA
Austreme Was Selected as 10 Most Sought After Risk Management Service Providers
Austreme is honored to be selected as one of the 10 Most Sought After Risk Management Solution Providers in 2019 by APAC Business Headline. It is a valuable recognition of our effort in providing innovative and professional services. Thanks for the magazine’s detailed...
Austreme Exhibited at Visa Security Summit 2019 in Shanghai, China
We were so excited to meet our clients and friends in the Visa Security Summit this year in Shanghai, China. Thanks Visa for all the thoughtful arrangements.
Austreme Passed the 5th PCI-DSS (Version 3.2.1) QSA Onsite Audit
(March 5, 2019 – Hong Kong) Austreme passed the 5th PCI-DSS (version 3.2.1) onsite audit conducted by the Australian Qualified Security Assessor (QSA). Banks and payment companies will enjoy world-class data protection while using our merchant onboarding and...
Transaction Laundering in 2019 – Time to Review the Monitoring Strategy
The rapid development and rising volume of e-commerce transactions in recent years has encouraged the outbreak of cybercriminals – who are finding more and more complex ways to conceal profits that are likely to have been earned illegally, via an online environment....
Austreme Adopted AI Brand Recognition Technology in Web Content Monitoring
Austreme has developed an AI-powered brand recognition technology to recognize brands, logos and graphics. This technology has been adopted in the web content monitoring solution to help brand owners, banks and payment service providers uncover IP infringing products...
Austreme Speak and Exhibit at Mastercard Global Risk Leadership Conference in Bali 2018
We joined the Mastercard APAC Global Risk Leadership Conference in Bali again on 30Jul - 2Aug 2018! We are excited to be invited by Mastercard to speak about the topic Managing Fraud and Compliance in a Connected World. It was fantastic to have met many existing...
Hong Kong Financial Services Development Council Explores Implementing a KYC Platform: How Should Online Merchants Handle KYC?
With the explosive growth of online shopping in recent years, the financial industry has increasingly emphasized digital authentication, online merchants, and KYC (Know Your Customer) for online payment accounts. Therefore, on June 22, 2018, the Hong Kong Financial...
Austreme Shared About Transaction Laundering and Money Laundering in a HKIB seminar
Thanks for the invitation from Hong Kong Institute of Bankers to let us speak about "Transaction Laundering - The Globally Emerging Way of Money Laundering in E-commerce" with Barry Wong from Mastercard to over 130 representatives from banks and the payment...
Trend of Child Sexual Abuse – Insights on Online Payment Regulations
Child exploitation is an alarming problem throughout whole world. It particularly threatens the safety of children in developing or underdeveloped countries, where poverty is the biggest cause of child abuse or child sex tourism. Owing to the technology...
Austreme Exhibit at Visa Security Summit 2018 in Singapore
Thanks Visa for the smooth and thoughtful arrangement at the Visa Security Summit 2018 held in Singapore! We are very glad to see Ellen Richey (Chief Enterprise Risk Officer of Visa), our global clients and partners as well as other banks and payment companies.
Transaction Laundering: An Emerging Global Method of Money Laundering
(For more information on Transaction Laundering, please refer to: What is Transaction Laundering?。) In recent years, the rapid development of e-commerce transactions has led to a surge in cybercrime, with some illicit e-commerce platforms continuously...