Austreme has been awarded by Corphub as the Most Outstanding RegTech Leader of the Year in Asia Pacific. Austreme’s patented Transaction Laundering Detection is the world’s first transaction laundering solution. All awardees were selected by an independent committee led by industry experts, business chamber executive members, and leaders to ensure fairness, openness, and recognizability.
Terence Chau, Director of Austreme stated, “Austreme is proud to receive this award, as recognition of its continued significance and role in detecting non-compliance and illegal activities in the payment network – to protect banks, merchants, acquirers, payment service providers and consumers from high-risk activities”.
Austreme’s solutions are widely adopted in the payment industry and recommended by card associations to their members. The RegTech pioneer has been investing to bring new technologies to protect customers from illegal businesses. Recently, Austreme has obtained a patent of card testing prevention, which detects and stops fraudulent transactions by criminals. Ultimately, Austreme is looking forward to building a safer online payment environment with everyone in this era of e-commerce.
About Corphub Awards
Annually, CORPHUB runs The Most Outstanding Business Award to the most recognized enterprise and as a winner, the enterprise is entitled to a trophy, and an interview will be conducted and featured on the platform.
CORPHUB showcases enterprises that are on the rise and the environments that each corporation carefully cultivated and want to bring forth each unique aspect to the field in management. Enterprises are chosen by elite editorial team which includes professional industry leaders, various members of The Hong Kong General Chamber of Commerce and editorial professionals.
Austreme is an industry leader in forensic fintech, 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. More about Austreme’s service can be found at www.austreme.com.
Brandon Li | Director of Product
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