Fraud is escalating worldwide—and APAC is on the epicenter. In accordance with Sumsub’s 2024 Id Fraud Report, identification fraud within the area surged 121% final 12 months, with Singapore recording a dramatic 207% enhance.
Deepfakes are influencing elections, Card-Not-Current (CNP) scams stay rampant, and even relationship platforms face refined impersonations.
Practically half of world companies and customers had been victims of identification fraud in 2024, with common losses of US$300,000 per incident.
To fulfill this pressing problem, Sumsub, a world verification chief, is holding the inaugural What The Fraud (WTF) Summit 2025, a two-day world gathering of fraud fighters and compliance leaders.
The summit will likely be held from 19 to twenty November 2025 at Andaz Singapore.
A Crucial Platform for a Crucial Second to Struggle Towards Fraud
“Fraud dangers are rising sooner than ever. We acknowledged the necessity for a devoted platform the place regulators, trade leaders, and fraud specialists can alternate actionable insights to beat the worldwide fraudemic.
By launching the WTF Summit 2025 in APAC, we goal to collaborate with high minds and craft holistic methods for a safer digital future.”
stated Andrew Sever, Co-founder and CEO of Sumsub.
The summit will deal with essentially the most pressing regional and world threats head-on—from sweeping new compliance mandates and fast-moving monetary crime schemes to the quickly evolving panorama of digital identification—delivering actionable methods constructed by practitioners, for practitioners.
Discussions will discover the way to stability consumer conversion with compliance when fraudsters mimic actual prospects, set up accountability when AI-driven fraud succeeds, and develop methods to counter money-mule networks, handle underbanked vulnerabilities, and meet world compliance crackdowns.
What to Count on at WTF Summit 2025
Not like typical conferences, WTF Summit is constructed for professionals on the entrance strains: compliance officers, AML groups, fraud analysts, product leaders, cyber-risk specialists, regulators, policymakers, and C-level leaders.
Periods deal with actual instances, stay demonstrations, and hands-on workout routines that ship instantly relevant abilities.
The summit opens with Workshop Day, that includes three expert-led classes that provide certifications and hands-on coaching designed to arm members with instantly relevant abilities.
Contributors will run simulations, examine instances, and stress-test options below real-world situations, drawing on workshops beforehand delivered for worldwide law-enforcement and regulatory our bodies, together with INTERPOL.
On the principle summit day, 20 November, keynotes and panels are organised round 4 core pillars:
● AI & Fraud — Understanding AI-driven scams and protection methods.
● Digital Id — Securing identities whereas sustaining accessibility and compliance.
● Compliance — Navigating new regulatory landscapes, threat intelligence, and monetary crime prevention.
● Fintech — Addressing cross-border transactions, innovation in monetary expertise, and rising rules in crypto.
Excessive-Influence Speaker Lineup
WTF Summit will characteristic leaders who’ve constructed programs, uncovered assaults, and suggested regulators, together with:
- Antonio Alvarez Lorenzo, Chief Compliance Officer, Crypto.com
- Lawrence Chan, Group CEO, NETS
- Hassan Ahmed, Nation Director (Singapore), Coinbase
- Claudia Hui, Head of Compliance (Singapore), Revolut
- Anu Phanse, Chief Compliance Officer, Coinbase
- Man Sheppard, Head of AI Technique & Adoption, Customary Chartered Financial institution
- Karthik Ramanathan, AP Head of Community Companies, Mastercard
- Winston Teo, Director of Singpass, GovTech Singapore
And lots of extra from Mastercard, EY, AWS, LSEG Danger Intelligence, TRM Labs, and past.
Don’t miss your probability to hitch the trade’s front-line leaders.
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Featured picture: Edited by Fintech Information Singapore, primarily based on picture by thanyakij-12 by way of Freepik
