The Identity Risk Management Virtual Roundtable

An exclusive online discussion for senior risk leaders in the payment & cryptocurrency, banking, eWallet and fintech sectors across the Asia Pacific region

In this virtual roundtable, decision-makers discussed how companies can identify and prevent synthetic identity fraud and explore the tools available to combat different fraud schemes and improve the customer onboarding experience.

Our discussions are designed to be very inclusive and interactive, ensuring to leverage the wealth of experience from your senior peers.

Frictionless & Fraud-Free Customer Onboarding

In recent months, companies worldwide have found themselves exposed to increasingly sophisticated cyberattacks. With traditional, personally identifiable information becoming more vulnerable than ever, bad actors find opportunities to create and foster synthetic identities. These synthetic identities are difficult to detect without a layered fraud prevention and identity verification approach. 

Recent studies indicate that these fraudulent activities make up 20% of all profit losses, forcing financial institutions to reassess their risk management strategies. Specifically, the need has arisen for solutions to protect all stages of the customer journey, from account opening to transactions.

  • How can companies identify and prevent synthetic identity fraud?
  • What are the tools available to combat different fraud schemes and improve the customer onboarding experience?
  • How can dynamic identity data help detect and deter the creation of fake accounts?

10:05 am: Introduction by Ortus Club
10:10 am: Short address from Ekata
10:20 am: Discussion instigated by the moderator and continued by the group
11:15 am: Discussion closed by moderator

Ekata provides global identity verification solutions via enterprise-grade APIs for automated decisioning, and Pro Insight, a SaaS solution for manual review for cross-border businesses to grow revenue by maximizing their predictability of good transactions. Ekata’s product suite is powered by the Ekata Identity Engine (EIE), the first and only cross-border identity verification engine of its kind. It uses complex machine learning algorithms across the five core consumer attributes of email, phone, name (person or business), physical address, and IP, to derive unique data links and features from billions of real-time transactions within the Ekata proprietary network and the data licensed from a broad spectrum of global providers. Businesses around the world including Alipay, Microsoft, and Stripe leverage our product suite to increase approvals of more good transactions, reduce customer friction at account opening, and find fraud.

Thursday, 25th of March, 2021

10:00 AM (GMT+8)

Attended by:

Co-Founder at CoinDCX
CEO at BitForex
CRO at TNG Digital
Head of Compliance & Legal at WazirX
Head of Legal & Compliance at Xendit
Head of Anti-Fraud at tonik
Head of Financial Innovations at Mynt 
Director of Digital Asset Management at Huobi Global
Risk Manager at
Chief of Staff at CoinDCX

Hosted by:

Martie BautistaThe Identity Risk Management Roundtable