News
2024
Jul
24
The Critical Role of KYC in Card-Not-Present Transactions
As digital commerce grows, card-not-present (CNP) transactions are more common but riskier, making strong KYC (Know Your Customer) processes essential. Here’s why KYC is crucial for CNP transactions.
Jun
4
Austreme enters a global reseller partnership with Verifi, a Visa Solution, for Dispute Management and Chargeback Prevention
Through their partnership, Austreme and Verifi will expand dispute management services into the Asia Pacific region with products such as Rapid Dispute Resolution (RDR) and Order Insight, creating opportunities to prevent and resolve pre-disputes before they escalate to chargebacks.
Apr
22
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.
Apr
19
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 Laundering, Transaction monitoring, and Fraud detection.
Apr
11
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 intelligence (AI) and cybersecurity, shedding light on the distinctive challenges and opportunities it brings forth. As AI revolutionizes the cybersecurity landscape, it serves as a formidable defense mechanism while also posing potential vulnerabilities.
Mar
1
Austreme wins Silver Award in Cyber Security Startups and SMEs category at the Cyber Security Professional Awards (CSPA) 2023
Austreme has won the Silver Award in the Cyber Security Professional Awards (CSPA) 2023 – organised by The Hong Kong Police Force, the Government Computer Emergency Response Team Hong Kong (GovCERT.HK) and the Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT).
2023
Dec
8
Austreme Director of Risk and Compliance – Terence Chau, attends the 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 market and technological updates. The conference intends to help businesses connect and share valuable data. This year the meeting will be held in Colorado, US.
Oct
26
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 will share his expertise on “Know Your Merchant (KYM) – Tips to spot shell businesses and their transaction laundering”.
Sept
25
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 monitoring and incorporate merchant risk monitoring. WeTech, a subsidiary of Tencent, is a leading technology/data company in China that focuses on cross-border financial technologies and risk. Through this partnership, WeTech will become the first partner to be integrating Austreme’s API in China.
Aug
8
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 in college. By matching students with social enterprises, it aims to help students understand the operation of social enterprises, use technology to solve the pain points of social enterprises and promote them to the public. At the same time, the event intends to recruit college students who are interested in joining the innovation and technology industry, and deepen their understanding through matching, training and mentoring.
Jul
5
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 via My Company Manager;
- Mastercard will no longer accept paper form;
- all monthly monitoring reports must be submitted via email to mmp@mastercard.com;
- incident report filings must include:
Jun
16
Mastercard Updates for BRAM Program AN4175
Mastercard announced new additions to the Business Risk Assessment and Mitigation (BRAM) program – targeting further illegal or brand-damaging activities, and updates to recent regulatory actions regarding online gambling transactions in Portugal, Germany, United Kingdom and Lithuania.
Apr
12
Visa is introducing the Visa Integrity Risk Program (VIRP), on 1 May 2023
The Visa Integrity Risk Program (VIRP) will replace Visa’s current Global Brand Protection Program (GBPP), and will subsequently enforce the term “High-Integrity Risk Merchants” in place of its current “High-Brand Risk Merchants”. The VIRP is designed to protect Visa’s payment system from fraudulent transactions by ensuring that acquirers and designated agents maintain appropriate controls and oversight processes.
Mar
29
Austreme and LianLian Global enter Partnership to Make Safer Payments
Austreme announces a new partnership with LianLian Global, formed to provide online merchant compliance monitoring services to LianLian Global’s partner in Mainland China. LianLian Global will act as an authorized reseller of Austreme’s SiteInspect (SI) and Transaction Monitoring Detection (TLD) services to various scales of payment service providers.
Mar
29
Austreme and LianLian Global enter Partnership to Make Safer Payments
Austreme announces a new partnership with LianLian Global, formed to provide online merchant compliance monitoring services to LianLian Global’s partner in Mainland China. LianLian Global will act as an authorized reseller of Austreme’s SiteInspect (SI) and Transaction Monitoring Detection (TLD) services to various scales of payment service providers.
Mar
24
Austreme shares Credit Card Security with HK Police Force – Cyber Security and Technology Crime Bureau
Feb
6
Austreme supports Regtech development in Hong Kong
The RegTech Association of Hong Kong and the Hong Kong University of Science and Technology (HKUST) Business School invited Hong Kong regtech community members to exchange their insights in a form of a focus group back in July 2022. This focus group will specifically collect insights from regtech solution providers and users to gain an in-depth understanding of the current challenges and pain points faced by regtech players, in order to facilitate effective policy designs that can support further growth and development of the regtech sector in Hong Kong.
2022
Dec
16
Austreme’s Director of Risk and Compliance – Terence Chau, will be sharing his expertise as guest speaker at the Fraud Detection in Cyber Crime Intelligence training event hosted by The Cyber Security and Technology Crime Bureau (CSTCB) in December 2022.
The Cyber Security and Technology Crime Bureau (CSTCB) is responsible for handling cyber security issues and carrying out technology crime investigations, computer forensics and the prevention of technology crime. To enhance coordination of the resources for combating related crimes and to further increase the awareness of the public on security, the CSTCB has set out combating technology crime as one of the Operational Priorities since 2012, and strive to enhance cyber security.
Nov
30
Austreme Director of Risk and Compliance – Terence Chau, to speak at the APAC Financial Coalition Australia Forum, organised by the ICMEC
Formed in 1999, the International Centre for Missing and Exploited Children (ICMEC) is an international NGO working in more than 120 countries to support the global community with the tools, training and technology to create a safer world for children. ICMEC’s mission is to empower the global search for children who are missing, and work to protect children from going missing by providing resources for governments, law enforcement, NGOs, and families on prevention as well as the appropriate actions to take in the event a child does go missing.
Nov
10
Austreme’s Transaction Monitoring service can be used in Merchant Shopify websites
Austreme’s Transaction Monitoring service is now available for implementation on Shopify websites. This means that merchants using Shopify webhosting can be effectively monitored by acquirers and payment service providers. Transaction Monitoring provide risk-based insight to acquirers, banks and payment companies by uncovering discrepancies been merchant websites and actual transaction volume or count. It greatly assists them in making data-driven decisions and prompt investigation towards merchant compliance.
Oct
11
Austreme SiteInspect and Transaction Laundering Detection is Mastercard Payment Gateway Services (MPGS) enabled
Austreme’s SiteInspect and Transaction Laundering Detection now support MPGS gateway, enabling near real-time merchant monitoring for acquirers and payment service providers. Both patented technologies – the connectivity with Mastercard Payment Gateway Services will greatly assist the payment industry with refining and improving the speed of detection in inconsistencies between merchant sites and their actual transactions and sales volumes.
Aug
4
Austreme Wins Most Innovative KYC Solution Provider at UK-based International Finance Awards 2022
Finance magazine International Finance has awarded Austreme – Most Innovative KYC Solution Provider at its 2022 Finance Technology Awards! Other winners of the awards included National Bank of Egypt, Standard Chartered Bank and The Access Bank UK Limited.
Aug
1
Austreme Director of Risk and Compliance – Terence Chau, was invited to speak at the UnionPay International Semi Annual Operation Support Workshop August 2022
Austreme Director of Risk and Compliance – Terence Chau, was invited to speak at the UnionPay International Semi Annual Operation Support Workshop, held in an online webinar on August 2nd 2022. This workshop was intended for Risk control, Security and Compliance, and Technical & System Operation Supports teams for both Issuers and Acquirer members.
Jun
29
Artzioneer to utilise Austreme as its Service Provider for validating NFT ownership and creators
As a leading Fintech company with several patented technologies, Austreme is selected by Artzioneer to provide service in verifying the ownership of NFTs and creators, as part of Artzioneer’s NFT minting process.
Apr
14
Austreme Director Terence Chau is invited to speaking at the Mastercard Acquiring Risk Summit 2022
Next week, our Director Terence Chau will be speaking virtually at the Mastercard Acquiring Risk Summit 2022 event based online in China!
Jan
21
Austreme named in Data Magazine UK’s 45 Most Innovative Analytics Startups & Companies (Hong Kong)
Austreme has been named in Data Magazine UK’s 45 Most Innovative Analytics Startups & Companies in Hong Kong. As a Hong Kong established company and a leader in payment big data analytics, Austreme is delighted to be listed in Data Magazine’s article.
2021
Nov
10
Austreme wins UK based Global Banking and Finance Awards 2021 – Banking & Finance Technology Awards: Most Innovative KYC Solution Hong Kong
Austreme has been awarded Most Innovative KYC Solution Hong Kong in the UK based Global Banking and Finance Review – Banking and Finance Technology Awards 2021. As a leading FinTech company in merchant compliance monitoring and payment big data analytics, Austreme is pleased to receive this award.
Sep
28
Austreme wins Gold Award in Juniper Research Future Digital Awards 2021 – Regtech Platform Gold Winner: Transaction Laundering Detection
A global leader in merchant compliance monitoring and payment big data analytics, Austreme International is proud to announce that its Transaction Laundering Detection has been awarded Gold for the Juniper Research Future Digital Awards 2021 – Regtech Platform Gold Winner.
Jul
27
Corphub Asia awards Austreme as Asia Pacific’s Most Outstanding RegTech Leader of the Year for its HKMOL Awards 2021
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.
Jun
3
Austreme is granted a patent for its Card Testing Detection
Austreme has been granted a patent for its e-commerce Card Testing fraud detection system – a payments technology for analysing transaction data and preventing card fraud.
2020
Dec
1
Austreme is awarded the Hong Kong FinTech Impetus Awards 2020 in RegTech aspect
Austreme is pleased to announce that its E-Money Laundering Inspection is awarded as the winner for the Hong Kong FinTech Impetus Awards 2020 – Regulatory Technology: Anti-money Laundering and Terrorist Financing
Jul
16
Introduced New Automated AML Screening for Merchant Onboarding Inspection
Austreme announces new automated AML screening for its merchant onboarding inspection – including PEP screening, sanction watchlists and adverse media monitoring.
2019
Oct
9
Austreme Granted a Patent of Its Transaction Laundering Detection Technology
Austreme has been granted a patent of its transaction laundering detection technology, which is used for detecting unauthorized merchant sites and transactions. Learn MoreJul
3
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. Learn MoreJun
20
Exhibit at Visa Security Summit 2019 in Shanghai, China
Austreme was invited to showcase its products at Visa Security Summit 2019. Learn MoreMar
5
Passed the 5th PCI-DSS (Version 3.2.1) QSA Onsite Audit
Austreme passed the 5th PCI-DSS (version 3.2.1) onsite audit conducted by the Australian Qualified Security Assessor (QSA) Learn More2018
Aug
3
Speak at Mastercard Global Risk Leadership Conference in Bali 2018
Austreme shared about “Managing Fraud and Compliance in a Connected World” at a panel discussion with Mastercard. We talked about our observations and advices of managing transaction laundering and illegal transactions. Learn MoreJun
15
Share about Transaction Laundering and Money Laundering in a HKIB seminar
Austreme shared about “Transaction Laundering – The Globally Emerging Way of Money Laundering in E-commerce” in a seminar of Hong Kong Institute of Bankers to over 130 representatives from banks and the finance industry. Learn MoreJun
12
Interviewed by Unwire.HK
Austreme was interviewed by UNWIRE.HK for its Gold Award winning RegTech solution (Transaction Laundering Detection). Learn MoreMay
18
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. Learn MoreApr
23
Austreme Granted Patent of Its Brand Discovery Mechanism
Austreme has been granted a patent of its “Brand Discovery” mechanism, an important part of its web crawling product SiteInspect, which detects potential IP infringing items in over 35 million websites of Austreme’s big data. Learn MoreApr
9
Austreme Join 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 Learn MoreMar
28
Austreme Win the Best in Big Data/Analytics in the Enterprise Innovation Awards 2017
Austreme is awarded the Best in Big Data/Analytics in the Enterprise Innovation Awards 2017, from a variety of entrants and nominees such as Birst, Cloudera, HPE, maana.io, MapR, Qlik Sense, Splunk and Tableau. Learn MoreMar
15
Austreme Win the Hong Kong ICT Awards 2018 – FinTech Award (RegTech & Risk Management)
Austreme’s Transaction Laundering Detection technology received the Gold Award of the Hong Kong ICT Awards 2018 – FinTech Award (RegTech & Risk Management) stream. Mr. Terence Chau, Founder & CEO of Austreme is pleased to receive the trophy from Mr. Nelson Chow, Chief FinTech Officer of Hong Kong Monetary Authority. Learn More2017
Dec
20
Austreme Joins Technology and Financial Companies to Deter Online Child Pornography
Austreme contributes to global efforts to combat commercial child sexual abuse and exploitation. By joining as a team member of the APAC-FCACP’s Technology Challenges Work stream, Austreme will collaborate with the stream and identify any nefarious activities that may relate to child sexual exploitation materials found in our ever-increasing big data which is composed of 30 million websites. Learn MoreDec
19
Hong Kong Awards for Industries 2017 – Certificate of Merit for Technological Achievement
At the annual Hong Kong Awards for Industries (HKAI) presentation ceremony officiated by Chief Executive of Hong Kong – Mrs Carrie Lam, Austreme received a Certificate of Merit for Technological Achievement. From a total of 233 entries received, Austreme was selected for this category for achieving a high level of technological innovation, commercialisation and the fostering of technology culture. Learn MoreDec
12
Become an Approved Organisation Under IP Manager Scheme
Austreme is now an approved organisation under the IP Manager Scheme by the Intellectual Property Department, HKSAR Government Learn MoreDec
6
Austreme Discovers Crypto-jacking Software in Merchant Sites
Through its Transaction Laundering Detection, SiteInspect web content monitoring and cybersecurity monitoring service, Austreme has recently discovered a number of hidden JavaScript intended for cryptomining processes, embedded over several merchant websites. Learn MoreNov
20
Chosen as Top 25 APAC Cyber Security Providers – 2017
Austreme is chosen as one of the Top 25 APAC Cyber Security Providers – 2017 by CIOAdvisor APAC magazine. Learn MoreSep
22
Present to the Hong Kong Office of the Government Chief Information Officer (OGCIO)
Austreme is invited by the Office of the Government Chief Information Officer (OGCIO), The Government of the Hong Kong Special Administration Region to present its award-winning Transaction Laundering Detection and SiteInspect Web Content Monitoring solutions. Learn MoreAug
2
Speak at MasterCard Global Risk Leadership Conference – Asia Pacific 2017
Austreme was invited to be one of the panelists with topic “Effectively Managing Compliance to Optimize Operational Performance” at MasterCard Global Risk Leadership Conference – Asia Pacific which was held at Capella Singapore from July 31 to August 2, 2017. Learn MoreJun
29
Speak at The 21st China International Software Expo in Beijing
Austreme was invited to speak at The 21st China International Software Expo which was held at Beijing Exhibition Centre from June 29 to July 1, 2017. During the Expo, Austreme showcased and presented its Transaction Laundering Detection (TLD) and VerifyStore Brand Protection Solutions to the visitors. Learn MoreMay
24
Showcase Merchant Compliance Technologies at Visa Security Summit 2017 in Seoul, Korea.
Austreme showcases its merchant compliance technologies at Visa Security Summit 2017 in Seoul, Korea. Learn MoreMar
30
Austreme Pass the Forth PCI-DSS Audit
Austreme passed the forth PCI-DSS audit conducted by the Australian Qualified Security Assessor (QSA). Learn MoreMar
30
Win the Hong Kong ICT Awards 2017 – Best Smart Hong Kong Award (Open Data / Big Data Application)
Austreme’s Transaction Laundering Detection (TLD) is honored the Hong Kong ICT Awards 2017 – Best Smart Hong Kong Award (Open Data / Big Data Application) Learn More2016
Nov
23
Harbin Bank signed Transaction Laundering Detection Service Agreement with Austreme
Austreme will provide 3 years of TLD Service to Harbin Bank under the agreement. Learn MoreOct
25
Share About Anti-fraud in Card Payment Industry at The Payment & Clearing Association of China
Austreme was invited to discuss and share its view about anti-fraud in card payment industry at the Payment & Clearing Association of China. Learn MoreAug
17
Guangdong Nanyue Bank Uses Austreme’s Online Merchant Monitoring Service
Guangdong Nanyue Bank signs Online Merchant Monitoring Service Contract with Austreme. Learn MoreAug
10
Highlighted as “An Innovative Forensic Fintech Start-up”
Hong Kong Trade Development Council highlights Austreme as “An Innovative Forensic Fintech Start-up” in VENTURE HONG KONG Learn MoreAug
8
Panelist at MasterCard Asia Pacific Global Risk Leadership Conference 2016
Austreme was one of the panelists in the MasterCard Asia Pacific Global Risk Leadership Conference discussing about “New Threats and Challenges Impacting Acceptance” on August 3. As the Registered MasterCard Merchant Monitoring Service Provider (MMSP), Austreme shared the expert view on the most effective solution for mitigating BRAM violations. Learn MoreJul
22
Speak at MasterCard Global Risk Leadership Conference – Asia Pacific 2016
Austreme will speak as one of the panelists and exhibit in the forthcoming MasterCard Global Risk Leadership Conference – Asia Pacific held in Grand Hyatt Bali, Indonesia from August 1 to 4, 2016. At MasterCard’s panel discussion on August 3, Austreme will share knowledge and best practices on key payment security issues, vulnerabilities and innovative techniques to mitigate fraud. Austreme will also showcase its solutions of Merchant Onboarding and Monitoring – Transaction Laundering Detection and VerifyStore Brand Protection Program. As a PCI DSS-compliant TLD solution provider, Austreme professionals will deliver industry know-how in continuous monitoring of e-commerce websites to reduce risks of brand violations and avoid penalties.May
18
Featured in InvestHK Case Study
InvestHK Case Study – Austreme Expands Global Fintech Business from Hong KongMay
4
Exhibit at MasterCard Global Risk Leadership Conference – America 2016
As a PCI-compliant Registered Merchant Monitoring Service Provider (MMSP), Austreme will exhibit in the MasterCard Global Risk Leadership Conference – America from May 10 to 11, 2016. The Conference will be held in Hyatt Regency Huntington Beach, California, USA. It offers a thought-provoking and informative forum to learn about the latest tools and techniques for minimizing fraud risk and maximizing profitability. During the Conference, Austreme will demonstrate its latest Transaction Laundering Detection and VerifyStore Merchant Onboarding & Brand Protection Solution. Our industry experts will share experience on how our TLD service helps attendees in minimizing the risk in brand violations and avoiding heavy penalty.Apr
11
Austreme Establishes Regional Headquarters in Hong Kong
Austreme establishes regional headquarters in Hong Kong to pave the way for its global expansion in the coming years.
Mar
1
Speak at Big Data and Industry Applications Forum Organized by GF Securities
Austreme was invited to speak about “Global Brand Protection Big Data” at Big Data and Industry Applications Forum organized by GF Securities in Shanghai, China. Learn MoreFeb
29
DHgate Uses Austreme’s Marketplace Content Monitoring Solution.
DHgate combats counterfeits with Austreme’s Marketplace Content Monitoring Solution. Press Release ( English )Feb
26
CCB International Securities Uses Austreme’s Web Security Audit Service for Its Stock Trading System.
CCB International Securities has signed agreement with Austreme for the Web Security Audit service for its stock trading system. This is the second engagement of CCB International Securities with Austreme.Jan
27
Speak at Visa Taiwan Quarterly Meeting.
Austreme was invited to speak about “How to grow e-Commerce acquiring business by preventing GBPP” at Visa Taiwan Quarterly Meeting. Learn MoreJan
21
Austreme “Merchant Risk & Brand Violations Statistics Report 2016” is available!
By consolidating the data collected from past investigations using advanced transaction laundering detection, technical KYC and web content monitoring technologies, Austreme is pleased to present its debut brand protection annual report 2016. It enables acquirers and Payment Service Providers to get insights featuring high risk website categories behind the acquiring business. It also reflects key security issues related to e-commerce websites. This report is a useful reference for risk and compliance management executives who deal with online payment. Please send an email to info@www.austreme.com if you want this report!2015
Nov
30
Passed Annual QSA Audit to Comply with PCI-DSS 3.1
Austreme passed the third PCI-DSS audit conducted by the Australian Qualified Security Assessor (QSA) Stickman Consulting. Our TLD solution is the industry first service that complies with PCI-DSS Version 3.1 requirements. Learn MoreNov
26
Speak at Visa Hong Kong and Macau Quarterly Meeting 2015
Austreme was invited to speak about “Transaction Laundering: New Challenge to Acquirer Risk” at Visa Hong Kong and Macau Quarterly Meeting on 25 Nov, 2015. During the meeting, Austreme shared experience of tackling the emerging risks regarding online credit card payment transactions and how Transaction Laundering Detection Service can help acquirers in mitigating the risks of non-compliance of Visa Global Brand Protection Program (GBPP).Nov
10
DHgate Deployed Austreme’s Transaction Laundering Detection Solution
China’s first cross-border online marketplace DHgate deployed Austreme’s Transaction Laundering Detection solution. Press Release ( English )Oct
26
Speak at 2015 MasterCard Data Security Seminar
Austreme is invited by MasterCard to present “Transaction Laundering: New Challenge Against Acquirers’ Risk Management” at 2015 MasterCard Data Security Seminar which will be held in Taipei, Taiwan on 28 Oct, 2015. In the Seminar, Austreme is going to share expert views on how Transaction Laundering Detection solution helps Acquirers, Payment Gateways and Merchants to develop their e-commerce businesses with effective risk management.Aug
19
Strategic Investment from Intime Retail
Renowned technology company Austreme received strategic investment from Intime Retail.
Press Release ( English )
Jul
2
Exhibit at MasterCard Global Risk Leadership Conference 2015
Austreme will showcase its Merchant Transaction Laundering Detection technology at MasterCard Global Risk Leadership Conference in The Fairmont, Singapore (August 25 – 28, 2015). Austreme, being a merchant monitoring service provider (MMSP), is a global leader in brand protection that helps card schemes, acquirers, payment gateways and payment facilitators to prevent illegal and brand-damaging merchant transactions from entering online payment networks. Austreme’s world first merchant transaction laundering detection service, formerly known as payment aggregation monitoring, has launched since 2011 and helped acquirers to mitigate the risks of violations of card schemes’ rules that cannot be detected by simple web content monitoring.2014
Dec
8
Intelligent Database Has Launched
Austreme is pleased to announce its intelligent database ready to go live. Intelligent Database contains Big Data that can tell merchant sites’ Background and Relationship with other sites. This helps acquirers and payment service providers to assess merchant risks when considering merchant application during the underwriting stage.Aug
1
Merchant Certification Service “VerifyStore Has Launched
Today, Austreme has launched its Merchant Certification service for brand protection for online merchants. Green Certificate is free for all online merchants that are not selling illegally. Silver Certificate is offered for those who register their payment gateway(s) with affordable annual fee.