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...
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...
What is Transaction Laundering?
Merchants attempting to distribute high-risk or prohibited goods online in exchange for payments through banking facilities, often create websites that initially appear to market authentic or common low-risk products. Some of these merchants assume that banks would...
Austreme Joins Technology and Financial Companies to Deter Online Child Pornography
(December 20, 2017 – Singapore) Austreme, a forensic fintech and big data analytics company, has announced that the company has joined the Asia Pacific Financial Coalition Against Child Pornography (APAC-FCACP), an initiative of the International Centre for Missing...
Austreme Received the Hong Kong Awards for Industries 2017 – Certificate of Merit for Technological Achievement
Austreme is awarded a Technological Achievement by the Hong Kong Awards for Industries 2017. 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...
Austreme Becomes an Approved Organisation Under IP Manager Scheme
Austreme is now an approved organisation under the IP Manager Scheme by the Intellectual Property Department, Hong Kong SAR Government. Under The IP Manager Training Programme, to which participants become certified, is designed to enhance the workforce...
Austreme Discovers Crypto-jacking Software in Merchant Sites
Due to an intense rise in recognition and value of cryptocurrencies over recent years, extracting these digital coins – called cryptomining, have become worthwhile, facilitating an increase in computer hijacks. While cryptomining requires a high amount of CPU power,...
Austreme 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. To read more about how Austreme’s solutions help banks and PSPs in providing a safer online payment environment, please click: About Austreme's Transaction...
Austreme 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...