Antom

Singapore’s digital economy is diverse and fast-evolving—but which payment methods dominate? 🔹 Credit Cards: Still king, with 42% of E-commerce transactions powered by Visa & Mastercard. 🔹 Digital Wallets: GrabPay, PayLah! & FavePay are gaining ground, projected to overtake cards by 2026. 🔹 BNPL: Young consumers are driving a $3.76B BNPL market, reshaping how big-ticket purchases are made. With E-wallet penetration set to hit 97.4% by 2025, businesses must adapt or risk being left behind. Stay tuned for Part 3, where we uncover emerging trends shaping Singapore’s payment future. 🔗 Full article: https://lnkd.in/gN43ZghQ #FinTechAsia #DigitalPayments #EcommerceTrends #SingaporePayments

Did you know? 90% of consumer payments in Singapore are now digital. Driven by tech innovation, government support, and high smartphone penetration, contactless payments have become the new normal. Even traditional hawker centers are embracing E-payments, marking a shift towards a fully digital economy. But what’s fueling this rapid transformation? From NFC to SGQR, we break it down. Stay tuned for Part 2, where we explore the most popular payment methods shaping Singapore’s digital commerce. 🔗 Read the full article here: https://lnkd.in/gN43ZghQ #DigitalPayments #EcommerceTrends #FinTechAsia #SingaporePayments

Fraud patterns vary across regions, but the risks remain high everywhere. From fulfillment fraud in E-commerce to region-specific scams, businesses need a strategic approach to fraud prevention. 🔹 Fulfilment Fraud: Fake deliveries, altered shipping details, and fraudulent refund claims hurt retailers and marketplaces. 🔹 Regional Differences: - Asia: Rise in mobile payment fraud and phishing attacks. - Europe: Credit card fraud due to widespread card usage. - US: Synthetic identity fraud is a growing concern. 🔹 Smarter Risk Strategies: - AI-powered fraud detection and dynamic risk management. - Clear return & refund policies to minimize chargebacks. - Multi-layer security and continuous customer education. With Antom Shield, businesses can achieve a balance between card fraud prevention and seamless payments, ensuring higher success rates while keeping fraudsters at bay. 🔗 Read the full article here: https://lnkd.in/gkrqev_J #Antom #ThinkBeyondPayments #FraudProtection #PaymentsSecurity

Financial fraud is on the rise, with fraudsters finding new ways to steal payment details and take over user accounts. Businesses need to act fast to protect themselves from revenue loss and reputational damage. 🔹 Credit Card Theft: Stolen card details from data breaches and the dark web fuel fraudulent transactions.  🔹 Friendly Fraud: Consumers dispute transactions to get refunds, even after receiving goods or services.  🔹 Account Takeovers: AI and machine learning enable fraudsters to hijack user accounts and bypass security layers. How to Defend Against These Threats:  - Implement real-time fraud detection & AI-driven monitoring.  - Strengthen authentication with 2FA & biometric security.  - Educate customers on fraud risks & encourage safer online practices. In our final part of this series, we’ll cover fulfilment fraud, regional fraud trends, and how businesses can adopt smart risk management strategies. 🔗 Read the full article here: https://lnkd.in/gkrqev_J #Antom #ThinkBeyondPayments #Fintech #Security

Fraudsters are becoming smarter, using AI-powered phishing attacks and synthetic identity fraud to trick businesses and customers. The rise of generative AI has made it easier for scammers to create realistic fake identities, manipulate users, and bypass security measures. 🔹 Phishing & Social Engineering: AI-generated emails, messages, and deepfake calls make it harder to distinguish real from fake.  🔹 Synthetic Identity Fraud: Fraudsters blend real and fake data to create identities, establishing creditworthiness before striking.  🔹 Impact on Businesses: E-commerce, travel, and digital entertainment platforms are prime targets due to frequent online transactions. What’s the solution? Businesses must implement multi-layer authentication, user behavior monitoring, and AI-driven fraud detection to stay ahead. Next up in Part 3: How fraudsters exploit credit card theft, friendly fraud, and account takeovers. 🔗 Read the full article here: https://lnkd.in/gkrqev_J #Antom #ThinkBeyondPayments #CyberSecurity #FraudDetection

Fraud is evolving, and businesses must stay ahead to protect themselves and their customers. With AI-driven scams and data breaches becoming more sophisticated, risk management is no longer optional—it’s a necessity. In this 4-part series, we explore the top fraud trends shaping the global landscape and how businesses can fortify their defenses. To kick off, let’s look at why fraud is becoming more complex and the impact it has across industries. 浩李 Leo Hao Li, Senior Risk Management Strategist at Antom, shares his expert insights on the latest fraud tactics and how businesses can combat them. 🔹 Fraudsters are leveraging AI to mimic user identities with deepfake technology.  🔹 Social engineering scams are becoming harder to detect due to highly personalized attacks.  🔹 Digital payments are increasingly targeted, affecting e-commerce, travel, and digital entertainment. Stay tuned for Part 2, where we’ll dive into phishing, social engineering, and synthetic identity fraud. 🔗 Read the full article here: https://lnkd.in/gkrqev_J #Antom #ThinkBeyondPayments #FraudPrevention #RiskManagement

⏳ The countdown is on—Shoptalk 2025 is almost here! ⏳ Join us on March 25-27 at Mandalay Bay, Las Vegas! 🏙️🚀 📍 Find us at Booth #1658 to explore how Antom’s AI-powered payment solutions can help your business scale globally and optimize every transaction. Let’s connect at #ShopTalk2025—see you there! 👋💡 #Antom #ThinkBeyondPayments #EcommerceTrends #RetailInnovation #DigitalPayments

Expanding your business into China? Here’s why Alipay should be part of your strategy. 🇨🇳💳 Alipay’s security, convenience, and 1B+ user base make it a must-have payment option for any merchant looking to enter the world’s second-largest consumer market. From in-store QR code payments to secure online checkouts, Alipay simplifies transactions for both consumers and businesses. 💡 With Antom, you can seamlessly integrate Alipay and other key payment methods across Asia. 🔜 This concludes our 3-part series on digital payments in Asia. Want more expert insights? Follow us for more updates! 📖 Read the full blog here: https://lnkd.in/gBQX5dvn #Antom #ThinkBeyondPayments #DigitalPayments #EcommerceTrends #FinTechAsia

Alipay or Alipay+? What’s the difference? 🤔 Alipay is one of the world's leading digital payment platforms, while Alipay+ is a unified cross-border payment gateway that connects global merchants to 36+ international payment apps—all through a single integration. With Alipay+, businesses can seamlessly accept payments from top Asian super apps like Alipay, GCash, Kakao Pay, and leading EU wallets like Tinaba in Italy. This means easier expansion, higher conversion rates, and happier customers who can pay the way they prefer—whether shopping online or traveling abroad. Beyond payments, Alipay+ offers digital tools to help small and medium-sized businesses boost efficiency and drive omni-channel growth. 🔜 Part 2 of our 3-part series on digital payments in Asia. Stay tuned for Part 3! 📖 Read more: https://lnkd.in/gBQX5dvn #Antom #ThinkBeyondPayments #DigitalPayments #FinTechAsia #EcommerceTrends

🚀 Antom is heading to Shoptalk 2025! 🚀 We’re excited to be a sponsor at ShopTalk Spring 2025, happening on 25-27 March at The Mandalay Bay, Las Vegas! 🏙️💡 This year’s theme? Putting the customer at the center—something we live by as we help businesses simplify payments, scale globally, and drive seamless commerce with AI-powered solutions. 🔹 Visit us at Booth #1658 to explore how Antom’s unified payment solutions can help your business expand and optimize every transaction. 🔹 Chat with our team and discover the future of digital payments, AI-driven payment optimization, and risk management. 📅 Let’s connect at #ShopTalk2025—stop by and see how we can help your business Think Beyond Payments. #Antom #ThinkBeyondPayments #ShopTalk2025 #EcommerceTrends #RetailInnovation #DigitalPayments