Increase in e-commerce during pandemic, means increase in online money laundering
As a result of the pandemic, e-commerce has boomed for the past two years. At the same time, the opportunity to use online transactions (especially credit cards) to attempt money laundering has also increased. According to the Electronic Transactions Association (ETA)...
Artzioneer to utilise Austreme as its Service Provider for validating NFT ownership and creators
Artzioneer to utilise Austreme as its Service Provider for validating NFT ownership and creators Non-fungible tokens (NFTs) have enabled and made it more accessible for designers and artists to list their creations online in digital market places. Through...
World Economic Magazine selected Austreme as Most Outstanding RegTech Leader in Hong Kong in the Magazine’s 2022 Awards
World Economic Magazine selected Austreme as Most Outstanding RegTech Leader in Hong Kong in the Magazine’s 2022 Awards (June 08, 2022 – Hong Kong) Austreme International is pleased to be named Most Outstanding RegTech Leader in Hong Kong – in the World Economic...
PCI DSS 4.0 Latest Update
(May 19, 2022 – Hong Kong) To provide better protection for cardholders and be more effective against evolving threats on the web, VISA has announced that they will update their PCI DSS data security standard to version 4.0 effective April 1, 2024. PCI DSS version 4.0...
Austreme Director Terence Chau is invited to speaking at the Mastercard Acquiring Risk Summit 2022
(April 14, 2022 – Hong Kong) Next week, our Director Terence Chau will be speaking virtually at the Mastercard Acquiring Risk Summit 2022 event based online in China!
Mastercard’s New Rules for Adult Content and Services – Will this Affect You?
Mastercard’s New Rules for Adult Content and Services – Will this Affect You? Effective on October 15 2021, Mastercard announced its recent changes and updates to adult content and services, which will directly affect all merchants in this category. The new...
Austreme named in Data Magazine UK’s 45 Most Innovative Analytics Startups & Companies (Hong Kong)
Image source: htts://datamagazine.co.uk/45-most-innovative-analytics-startups-companies-hong-kong/ Austreme named in Data Magazine UK’s 45 Most Innovative Analytics Startups & Companies (Hong Kong) (January 21, 2022 – Hong Kong) Austreme has been named in Data...
Austreme wins UK based Global Banking and Finance Awards 2021 – Banking & Finance Technology Awards: Most Innovative KYC Solution Hong Kong
Image source: https://www.openpr.com/news/2456887/global-banking-finance-review-regtech-2021-award-winners Austreme wins UK based Global Banking and Finance Awards 2021 – Banking & Finance Technology Awards: Most Innovative KYC Solution Hong Kong (November 10,...
Austreme wins Gold Award in Juniper Research Future Digital Awards 2021 – Regtech Platform Gold Winner: Transaction Laundering Detection
Austreme wins Gold Award in Juniper Research Future Digital Awards 2021 – Regtech Platform Gold Winner: Transaction Laundering Detection (September 28, 2021 – Hong Kong) A global leader in merchant compliance monitoring and payment big data analytics, Austreme...
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. All awardees were selected by an independent committee...
Austreme is granted a patent for its Card Testing Fraud Detection technology
(Jun 3, 2021 – Hong Kong) 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. “Through our large and ever-growing transaction database,...
Know Your Transaction (KYT) Guide 2021
Know Your Transaction (KYT) is a hot trend in payment compliance and regulatory technology. All payment risk professionals are advised to learn and adopt KYT in their daily operations. In this guide, you will gain an understanding of the followings. What...
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...