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AFTER losing $260 million to digital scams in 2019, online fraud continues to emerge as a top critical enterprise risk for Southeast Asian businesses. In the Philippines alone, such cases jumped in the logistics sector by 236 percent in the second quarter of 2022 from a year ago; telecommunications, up… ....
Brankas, the leading global open finance technology provider, and Element Inc , the privacy-led, modern AI pioneer in digital identity services used to verify a person´s information quickly and seamlessly, today announced a strategic partnership to introduce an additional layer of security to detect ....
SINGAPORE, Jan. 26, 2023 /PRNewswire/ Brankas,the leading global open finance technology provider, and Element Inc , the privacy-led, modern AI pioneer in digital identity services, today announced a strategic partnership to introduce an additional layer of security to detect potential frauds. In Southeast Asia, one in every three people experienced online fraud amidst this digital transformation last year. Meanwhile, online fraud emerged as a top critical enterprise risk for Southeast Asia-based businesses. This was on top of the US$260 million that they already lost in 2019 to digital fraud.[1] Brankas, the comprehensive Open Finance API platform stand to revolutionize the growth of the MSMEs in the Asia-Pacific region and provide financial access to the underserved while protecting consumer data, confidentiality, and financing via its products and services. Element can play the critical role of the identity verification layer for Brankas' Open Finance Products such as Brankas D ....
Cebuana Lhuillier and Element partnership Privacy-led, modern AI pioneer in digital identity services, Element, Inc., announced its partnership with Cebuana Lhuillier, the Philippines largest micro financial services provider to provide electronic Know-Your-Customer (eKYC) services to all Filipinos ....
Element Announces Country Directors of Indonesia and the Philippines Share Article Building of fintech industry leadership team coincides with rapid industry adoption of digital financial services in the region. “The opportunity to join forces with trailblazers like Ardel and Kristian in this fintech era is a tremendous win for our customers and end users, as much as it is a privilege and honor for our team” said Adam Perold, co-founder, President & CEO. SINGAPORE (PRWEB) February 24, 2021 Element, Inc., the privacy-led, modern AI pioneer in digital identity services, announced the appointment of its new Country Director of Indonesia, Ardelia Apti, and Country Director of the Philippines, Kristian Melquiades. ....