TrustDecision and 1LINK Host Banking Fraud Risk Forum in Beijing

Beijing, November 2024 – TrustDecision and 1LINK, Pakistan’s first licensed PSO/PSP and the largest payment gateway, successfully hosted the Banking Fraud Risk Forum at TrustDecision’s Beijing headquarters. The event served as a platform for key leaders and experts from both organizations to strengthen collaboration and discuss future strategies for combating fraud in the financial sector.

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The forum emphasized the strategic partnership between TrustDecision and 1LINK, focusing on resource deployment and operational plans for Pakistan’s financial ecosystem. Discussions highlighted the roadmap for integrating TrustDecision’s advanced fraud prevention solutions, with full deployment anticipated by the end of the year. This collaboration aims to set new standards in risk management and fraud prevention for Pakistan’s rapidly growing fintech sector.The forum was attended by senior representatives from both organizations, including Mr. Azimullah Khan, CIO 1LINK; Mr. Muhammad Shahzeb, Head of Commercial SBU at 1LINK, Mr. Bryan Zhang, CEO of TrustDecision China, Mr. Jackal Ma, Chairman of TrustDecision, alongside other industry leaders and a representative from Soneri Bank. The first bank to subscribe to Device Fingerprinting and enterprise anti-fraud services from 1LINK. The discussions were centred on aligning resources and ensuring a seamless implementation of TrustDecision’s system in Pakistan.

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An important highlight of the forum was the in-depth exchange and field visits to TrustDecision’s key clients in China, including Bank of China, China Unicom Wo Pay, and Pop Mart. The 1LINK team engaged directly with these renowned industry players, gaining valuable insights into real-world applications of TrustDecision’s advanced fraud prevention solutions. This was complemented by practical knowledge exchange sessions, which provided hands-on experience with the systems, further strengthening 1LINK’s understanding of how our technologies can be adapted to meet the needs of Pakistan’s financial ecosystem.

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TrustDecision Chairman Jackal Ma remarked, “We’re delighted to have hosted our partners from 1LINK here in Beijing. This forum marks an exciting step forward in our collaboration.”

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Mr. Azimullah Khan, Chief Information Officer 1LINK expressed his enthusiasm about the partnership with TrustDecision and said, “At 1LINK, we see the partnership with TrustDecision as a strategic move to enhance security in Pakistan's financial landscape. By integrating with an advanced device fingerprinting and anti-fraud solution, we aim to redefine industry standards for security of digital payments while improving customer experience for our customers”.

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Looking ahead, TrustDecision and 1LINK are poised to enhance their partnership, ensuring robust risk management strategies and innovative financial solutions for Pakistan’s banking sector. The partnership underscores their shared vision of leveraging advanced technologies to create safer and more efficient financial ecosystems.