xpate, an all-in-one payments and banking platform, has partnered with SEON to strengthen real-time fraud prevention and AML compliance for merchants.

The integration brings SEON’s fraud detection and data enrichment tools directly into xpate’s transaction monitoring systems.

Online fraud continues to escalate. In 2024, consumer fraud losses rose 25% year-on-year to more than S$12.5 billion.

Account takeover attacks increased 250%, and almost half of businesses faced synthetic identity fraud.

With merchants operating in over 100 countries, xpate determined that traditional, reactive fraud controls were no longer sufficient against increasingly sophisticated cyberattacks, deepfake-enabled schemes, and AI-driven threats.

“Fraud prevention shouldn’t slow you down, it should move with you,”

said Katia Puchkova, COO at xpate.

“Our collaboration with SEON turns risk management into revenue protection, keeping every genuine transaction seamless, secure, and profitable.”

The partnership gives merchants access to SEON’s tools without additional setup or integration work.

“Businesses today need fraud prevention that anticipates risk, not just reacts to it,”

said Matt DeLauro, President, GTM, SEON.

“Our partnership with xpate shows how real-time data intelligence and machine learning can be built directly into payment infrastructure.”

SEON’s device fingerprinting, behavioural analysis, and flexible rule engine help identify patterns linked to multi-accounting, account takeovers, and other fraud scenarios.

Data enrichment adds context to transactions, supporting more accurate decision-making.

By embedding SEON’s real-time signals and machine learning models directly into its platform, xpate aims to deliver faster assessments, improved accuracy, and more efficient risk monitoring at scale.

Featured image credit: Edited by Fintech News Singapore, based on image by rawpixel.com via Freepik