SEON has partnered with Exist Software Labs, a Philippines-based technology and systems integration firm, giving Exist’s banking, fintech, payments and e-commerce clients access to SEON’s fraud prevention, identity verification and AML compliance technology.

SEON described the partnership as part of its continued investment in Asia-Pacific, pointing to the Philippines as one of Southeast Asia’s fastest-growing digital financial services markets, where rising fraud and compliance demands are following the shift toward online transactions.

Through the partnership, Exist can offer clients SEON’s full platform, covering fraud detection and risk scoring, customer and payment screening, AML transaction monitoring, identity verification, and case management and reporting.

Exist’s engineering and integration expertise means clients can implement SEON within their existing systems rather than building integrations from scratch.

“Fraud and financial crime keep growing more sophisticated, but most organizations are still trying to manage that risk across tools that were never designed to work together,” said Troy Nyi Nyi, SVP and GM, APAC at SEON. “By combining Exist’s engineering and integration expertise with SEON’s real-time fraud prevention and AML technology, we’re helping organizations in the Philippines and across Southeast Asia bring those signals into a single view and act on them faster.”

The partnership targets organizations across banking, financial services, fintech, payments, e-commerce and iGaming, where digital transactions, customer onboarding and compliance requirements continue to grow.

“Through our partnership with SEON, we are expanding the capabilities we can bring to our clients by combining advanced fraud prevention and AML technology with Exist’s expertise in software development, systems integration and digital transformation,” said Jonas Lim, Vice President for Technology at Exist Software Labs. “Together, we aim to help organizations gain better visibility into risk and take more informed action.”

Featured image: Edited by Fintech News Philippines based on an image by sekillerim06 via Magnific.