With the rapid advancement of technology, the methods of online fraud are continuously evolving, particularly in the realm of mobile application security. LexisNexis Risk Solutions has recently formed a strategic partnership with Promon to enhance the fraud prevention capabilities of mobile applications. To gain deeper insights into the background and future implications of this collaboration, the Techritual editorial team interviewed Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions.
Long-term Vision for Mobile Application Security
During the interview, Thanh Tai Vo stated that the methods of online fraud are changing rapidly, especially with the swift development of artificial intelligence (AI), leading to an increase in social engineering fraud and its associated losses. He noted that past fraud prevention efforts primarily focused on digital platforms and online interactions of businesses, whereas there is now a need to add extra layers of security for mobile devices.
“Through our collaboration with Promon, LexisNexis Risk Solutions adds an extra layer of security to applications on mobile devices, ensuring the integrity and security capabilities of the applications.”
Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions
Integrating Technology to Enhance Preventive Capabilities
When discussing the partnership with Promon, Thanh Tai Vo highlighted how LexisNexis integrates its technology with Promon's expertise to enhance fraud prevention capabilities. By combining Promon's in-app protection and telemetry technology with LexisNexis's identity, device, and transaction risk intelligence, the collaboration helps improve the integrity of applications and fraud detection capabilities.
“The LexisNexis® Dynamic Decision Platform® integrates these capabilities into a single platform, assisting businesses in combining application-level protection with identity intelligence to make more confident and timely risk decisions throughout the mobile customer journey.”
Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions
How Digital Identity Intelligence Works
Thanh Tai Vo further explained how LexisNexis ThreatMetrix's digital identity intelligence and behavioral analytics technology operates. He described LexisNexis ThreatMetrix as a technology used to interpret users' "digital DNA," capable of instantly identifying suspicious behavior and making more accurate decisions regarding authentication and trust establishment.
“LexisNexis ThreatMetrix leverages digital identity intelligence from billions of transactions globally, combining advanced analytics, risk insights, and machine learning capabilities to assist businesses in making near real-time automated, risk-based decisions.”
Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions
The Role of Promon Shield
When discussing the in-app protection technology of Promon Shield, Thanh Tai Vo emphasized that this technology provides real-time protection during application runtime, helping businesses safeguard sensitive digital services from attacks while maintaining a smooth user experience.
“Promon is a leading global provider of mobile application protection technology, dedicated to helping businesses defend against various advanced cyber threats, fraud, tampering, and reverse engineering risks.”
Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions
Development Potential in the Hong Kong Market
Thanh Tai Vo pointed out that the transaction model in the Hong Kong market heavily relies on mobile devices, with mobile application transactions becoming the mainstream of digital transactions in Hong Kong. He mentioned that according to LexisNexis Risk Solutions' 2025 Cybercrime Report, the proportion of mobile device transactions is significantly higher than the global average, which raises the market's demand for mobile security.
“As users show a strong preference for mobile application channels, the Hong Kong Monetary Authority has introduced several regulatory guidelines related to mobile application security in recent years.”
Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions
Challenges and Future Outlook for Fraud
When discussing the current trends and challenges in mobile application fraud, Thanh Tai Vo emphasized that in addition to the growth of automated program attacks, the rapid development of AI technology has enabled criminals to employ more innovative methods for fraud. He suggested that organizations need to establish multi-layered fraud prevention strategies to address these evolving threats.
“Organizations need to encompass key capabilities such as digital identity intelligence, device intelligence, and behavioral intelligence to tackle future fraud challenges.”
Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions
LexisNexis's Market Competitiveness
Finally, Thanh Tai Vo mentioned that LexisNexis Risk Solutions' leading technological solutions in various professional fields enable it to maintain competitiveness in the market. He emphasized that businesses should adopt a comprehensive risk perspective to address challenges, rather than relying on isolated, decentralized solutions.
“LexisNexis Risk Solutions provides integrated solutions to assist businesses in addressing both fraud prevention and financial crime compliance, establishing a more comprehensive risk management capability.”
Thanh Tai Vo, Director of Fraud and Identity Solutions for the Asia-Pacific region at LexisNexis Risk Solutions
In summary, Thanh Tai Vo emphasized the importance of mobile application security and the future challenges, looking forward to providing stronger fraud protection for businesses and consumers through collaboration with Promon.
TechRitual 企業科技編輯部（香港）。biz.techritual.com 的外語版本由繁體中文原文翻譯。
