{"id":36218,"date":"2025-10-16T16:13:57","date_gmt":"2025-10-16T09:13:57","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=36218"},"modified":"2025-10-16T16:13:57","modified_gmt":"2025-10-16T09:13:57","slug":"wtf-summit-apacs-rapid-digital-growth-exposes-fraud-gaps-a-call-for-action-from-singapore","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=36218","title":{"rendered":"WTF Summit: APAC’s Rapid Digital Growth Exposes Fraud Gaps–A Call for Action from Singapore"},"content":{"rendered":"\n\n\n
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A visionary summit where global leaders converge for bold conversations and practical pathways to advance APAC’s next chapter of digital trust<\/i><\/p>\n

SINGAPORE<\/span><\/span>, Oct. 16, 2025<\/span><\/span> \/PRNewswire\/ — As fraud threats accelerate globally, Sumsub<\/a><\/u>, the global verification and anti-fraud leader, will host its inaugural What The Fraud Summit<\/a><\/u> (WTF Summit) at Andaz Singapore on November 19-20, 2025<\/span><\/b>. This visionary summit will unite more than 500 industry leaders and practitioners from fintech, crypto, tech, and compliance for two days of focused discussion and collaboration. Designed as a dedicated platform to address the toughest challenges in fraud prevention, AI security, regulatory shifts, and compliance, the WTF Summit aims to build the future of digital trust across Asia-Pacific<\/span> (APAC) and beyond\u2014uniting regulators and industry to develop coordinated strategies through bold conversations and hands-on workshops.<\/p>\n

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As AI becomes more accessible, fraudsters increasingly weaponize advanced AI tools to exploit gaps in the expanding digital landscape. According to Sumsub’s recent 2025 Global Fraud Index<\/a><\/u>, APAC is at the epicenter of vulnerability\u2014dropping to fourth place amid rising fraud exposure, trailing Europe<\/span>, the Middle East<\/span>, and the Americas. Notably, leading digital economies in the region, including Singapore<\/span>, Malaysia<\/span>, Indonesia<\/span>, and Japan<\/span>, have experienced significant declines in their rankings. This reveals an urgent challenge: the widening gap between rapid digital growth and effective fraud defenses is putting businesses and individuals at risk, undermining trust across APAC and beyond.<\/p>\n

“Fraud is a global issue that demands collective defense. Our latest Global Fraud Index shows why collaboration is critical, especially as APAC’s leading markets face widening gaps between innovation and protection. To tackle the ‘fraudemic,’ our upcoming Identity Fraud Report will further deliver targeted strategies and fresh insights from worldwide fraud trends, helping organizations and individuals stay ahead in a rapidly evolving landscape,”<\/i> said Andrew Sever<\/span>, Co-founder and CEO of Sumsub<\/b>. “By launching the WTF Summit in Singapore<\/span>, we’re calling the industry together to turn urgency into unified action. Our goal is to create a space for regulators, industry leaders, and experts to craft practical solutions and build resilient strategies for a safer, more trusted digital future for everyone.”<\/i><\/p>\n

High-impact Speaker Lineup<\/b><\/p>\n

WTF Summit presents a dynamic lineup of renowned speakers drawn from the forefront of fraud prevention, fintech, crypto, regulatory, and compliance sectors.<\/p>\n

Some of the highlighted speakers include:\u00a0<\/p>\n