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 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 RegulationsChild Sexual AbuseTrend 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...
Addition of Cryptocurrency and High-Risk Securities Merchants to Mastercard BRAM Program
Mastercard has added “cryptocurrency merchants” and “high-risk securities merchants” to the Business Risk Assessment and Mitigation (BRAM) program, effective 12 April 2018. Below is an extract of the announcements and shall not be deemed the full version of such...
Austreme Has Been Granted a Patent of Its Brand Discovery Mechanism
Press Release – For Immediate Release Austreme has been granted a patent of its brand discovery mechanism (April 23, 2018 – Hong Kong) Austreme has been successfully granted a patent for its brand discovery mechanism, which is adopted in their SiteInspect Web Content...
Austreme Joined The 6th China Information Technology Expo in Shenzhen
Austreme showcased their services including Transaction Laundering Detection, VerifyStore Technical KYC, SiteInspect Web Content Monitoring, and Marketplace Content Monitoring Solution at the 6th China Information Technology Expo in Shenzhen. We were very excited to...
Austreme Awarded Best in Big Data/Analytics Category for Enterprise Innovation Awards 2017
(March 28, 2018 – Singapore) Austreme is awarded the Best in Big Data/Analytics category for Enterprise Innovation Awards 2017. Austreme’s Transaction Laundering Detection technology has been awarded as the Best in Big Data/ Analytics by the Enterprise Innovation...
Austreme won the Hong Kong ICT Awards 2018 – FinTech Award (RegTech & Risk Management)
(March 15, 2018 – Hong Kong) A global leader in merchant compliance monitoring and payment big data analytics, Austreme is pleased to announce that its Transaction Laundering Detection is awarded the Gold Award for the Hong Kong ICT Awards 2018 – FinTech Award...