Trident Digital Tech and Memcyco Launch AI Fraud Defense for Asia-Pacific
Trident Digital Tech has partnered with Memcyco to introduce AI-driven fraud prevention solutions across the Asia-Pacific region. This collaboration aims to address significant digital fraud losses, estimated in the billions, by shifting from reactive to proactive security measures.
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Trident Digital Tech Holdings Ltd has formed a strategic alliance with Memcyco to deploy an AI-powered fraud defense solution in the Asia-Pacific region. The partnership incorporates Memcyco's advanced threat detection and account takeover prevention into Tridentity's blockchain-based platform, enabling organizations to prevent fraud before it occurs.
In Southeast Asia alone, digital fraud losses range from hundreds of millions to billions of dollars annually, highlighting the urgent need for improved security measures. The joint solutions are expected to launch commercially by the third quarter of 2026, addressing a significant gap in the market where only 6% of companies feel adequately protected against fraud despite existing tools.
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