Latest news with #TamasKadar
Techday NZ
30-05-2025
- Business
- Techday NZ
SEON expands APAC team as demand for fraud tech solutions rises
SEON has reported increased growth across the Asia-Pacific region as businesses in the area respond to heightened demand for real-time fraud prevention and anti-money laundering solutions. Organisations such as Salmon Group Ltd, and Forever Network have recently adopted SEON's Know Your User and Know Your Customer capabilities to address rising digital fraud risks within diverse markets across Asia-Pacific. To support its expanding client base, SEON has increased its workforce in Singapore and Jakarta, bringing in specialists in technical, sales, and support roles. This is designed to offer clients localised expertise and enable quicker response times. Addressing the market complexity, Tamas Kadar, Co-founder and Chief Executive Officer of SEON, said, "APAC presents both extraordinary opportunity and operational complexity. The mix of advanced digital economies and rapidly growing markets creates a fragmented risk environment, and legacy point solutions can't keep pace. Our unified platform delivers real-time visibility and protection across the entire customer journey." Businesses across the region are contending with more stringent regulatory requirements and evolving digital threats. The need to verify identities, manage payment risks, and maintain compliance without negatively affecting customer experience is creating new challenges for companies operating in sectors such as iGaming, fintech, and retail. SEON's AI-powered technology combines digital footprint analysis, device intelligence, and real-time analytics—integrated into a single platform aimed at proactively detecting and preventing fraud. Pauline Liu, Compliance Officer at TitanFX, described her company's experience using these tools: "SEON has quickly become one of the most effective and user-friendly fraud detection tools we've used to date. Its ability to provide real-time insights, coupled with detailed device tracking and risk scoring, has greatly improved how we identify and respond to suspicious activity. The platform is user-friendly, making it easy for both new and experienced team members to navigate and act swiftly. SEON has already proven to be a smart and dependable solution for our fraud monitoring needs." Troy Nyi Nyi, Senior Vice President and General Manager at SEON, remarked on client needs in the region, explaining, "Our regional clients are increasingly prioritizing fraud prevention platforms that can handle APAC's payment complexity and varied identity verification methods. The iGaming, fintech and retail sectors in particular are seeking solutions that can operate across multiple jurisdictions without requiring separate tools for each market, which is why they're turning to SEON." SEON's technology will be on display at the upcoming SiGMA Asia event in Manila, where Troy Nyi Nyi will participate in a session discussing how fraud prevention can be leveraged as a competitive advantage, especially for leaders in the iGaming and fintech industries. SEON currently provides services to more than 5,000 businesses globally using a platform that combines real-time digital footprint analysis, device intelligence, and artificial intelligence-driven rules for fraud detection and regulatory compliance. The company operates from locations in Austin, London, Budapest, and Singapore.
Yahoo
29-05-2025
- Business
- Yahoo
SEON Accelerates APAC Growth Amid Rising Demand for Unified Fraud and AML Solutions
SEON to showcase latest fraud prevention and AML innovations at SiGMA Asia AUSTIN, Texas and SINGAPORE, May 28, 2025 (GLOBE NEWSWIRE) -- SEON, a global leader in digital fraud prevention and compliance, today announced rapid growth across the Asia-Pacific region, driven by increasing demand for its unified, real-time fraud and AML solutions. New APAC clients such as Salmon Group Ltd, and Forever Network have adopted SEON's Know Your User (KYU) and Know Your Customer (KYC) capabilities to navigate escalating fraud risks across the region's complex digital landscape. To support this momentum, SEON has expanded its team with technical, sales and support specialists in Singapore and Jakarta, providing clients with localized expertise and faster response times. 'APAC presents both extraordinary opportunity and operational complexity,' said Tamas Kadar, Co-founder and CEO, SEON. 'The mix of advanced digital economies and rapidly growing markets creates a fragmented risk environment, and legacy point solutions can't keep pace. Our unified platform delivers real-time visibility and protection across the entire customer journey.' As digital threats and regulatory requirements grow throughout the region, businesses face mounting pressure to verify identities, manage payment risk and maintain compliance, without compromising user experience. SEON addresses these challenges with an AI-driven platform that combines digital footprint analysis, device intelligence and real-time analytics to detect and prevent fraud proactively. "SEON has quickly become one of the most effective and user-friendly fraud detection tools we've used to date. Its ability to provide real-time insights, coupled with detailed device tracking and risk scoring, has greatly improved how we identify and respond to suspicious activity,' said Pauline Liu, Compliance Officer, TitanFX. 'The platform is user-friendly, making it easy for both new and experienced team members to navigate and act swiftly. SEON has already proven to be a smart and dependable solution for our fraud monitoring needs." "Our regional clients are increasingly prioritizing fraud prevention platforms that can handle APAC's payment complexity and varied identity verification methods," said Troy Nyi Nyi, Senior Vice President and GM, SEON. "The iGaming, fintech and retail sectors in particular are seeking solutions that can operate across multiple jurisdictions without requiring separate tools for each market, which is why they're turning to SEON.' SEON will showcase its latest innovations at SiGMA Asia, taking place June 2-4 in Manila (Booth 1082). During the event, Troy Nyi Nyi, Senior Vice President and GM, SEON, will speak on "Beyond Defense: Leveraging Fraud Prevention as a Competitive Edge," sharing practical insights for iGaming and fintech leaders. About SEONSEON helps risk teams detect and stop fraud and money laundering while ensuring regulatory compliance. By combining real-time digital footprint analysis, device intelligence and AI-driven rules, SEON empowers over 5,000 businesses globally to prevent threats before they occur. With integrated fraud prevention and AML capabilities, SEON operates from Austin, London, Budapest and Singapore. Learn more at MediaPress@
Yahoo
05-03-2025
- Business
- Yahoo
SEON 2025 Digital Fraud Report Reveals Surge in Fraud Prevention Budgets & Headcounts
85% of Companies Report Increased Fraud Budgets, 88% Expanding Fraud Teams Global Survey Spotlights Investment in Real-Time Detection Trends & AI-Driven Fraud Prevention AUSTIN, Texas, March 05, 2025--(BUSINESS WIRE)--SEON, the leader in digital fraud prevention and compliance, today announced the release of its 2025 Digital Fraud Report, a global fraud, risk and compliance trend survey highlighting fraud prevention strategies, benchmarking efforts and emerging trends shaping 2025. Culled from insights from 574 decision-makers and strategic leaders across financial services, fintech, payments, eCommerce and iGaming, the report highlights rising fraud prevention spending and strategic team expansion to counter increasingly sophisticated AI-driven fraud threats. Key Research Findings Revenue at risk – Businesses could forfeit up to 5% or more of revenue to fraud, considering the hidden costs of operational inefficiencies, compliance penalties and customer attrition Investment surge – Budget allocations indicate that 86% of companies are spending over 3% of revenues on anti-fraud measures Emphasis on real-time solutions – 62% of organizations are adopting real-time transaction monitoring, moving away from outdated batch-based systems AI and automation focus – 76% of businesses are intensifying efforts in AI, machine learning and analytics to preempt fraud Strategic team growth – Nearly 40% of smaller companies are adding up to 5 fraud hires, while enterprises lead in hiring 10+ new fraud specialists Fraud outpacing growth – 43% of businesses report fraud growth outstripping revenue, highlighting an urgent need for advanced defenses "Static fraud defenses are no longer adequate in today's fast-moving threat landscape," said Tamas Kadar, CEO, SEON. "Organizations must embrace adaptive and transparent AI models to mitigate fraud risks faster and protect revenues more effectively. This report provides critical insights into the evolving dynamics of fraud prevention, underscoring the essential roles of innovative technologies and skilled professionals in this ongoing battle." SEON's 2025 Global Digital Fraud Report is a clear call to action, underscoring the necessity for advanced, AI-enhanced fraud prevention strategies. These solutions must seamlessly integrate with human expertise to bolster defenses, drive operational agility and maintain trust in a digital-first economy. Download the full report here. About SEON SEON helps top-tier risk teams detect and stop fraud and money laundering. By combining real-time digital footprint analysis, device intelligence and AI-driven rules, SEON empowers over 5,000 businesses globally to prevent threats before they occur. SEON operates from Austin, London, Budapest and Singapore. Learn more at View source version on Contacts press@ Sign in to access your portfolio
