SEON expands fraud prevention and AML operations in Indonesia

Indonesia is one of SEON’s fastest-growing APAC markets, with FY26 revenue on track to double as adoption grows across digital finance.

SEON has reported continued growth in Indonesia as it expands its fraud prevention and anti-money laundering operations in the country's financial services sector.

The company said Indonesia is one of its fastest-growing markets in Asia-Pacific. Its customer base in the country has grown over the past year across digital banking, lending, and payments.

SEON said revenue from Indonesia is on track to double year-on-year in FY26. The company attributed this to increased use of its fraud and AML platform, as well as regulatory requirements affecting financial institutions in the market.

Its Fraud and AML Command Center is designed to help financial institutions detect, investigate, and respond to risk through a single platform. The system allows teams to create and adjust rules, manage fraud workflows, and handle compliance-related processes without relying on development cycles.

The company has also set up local data infrastructure in Indonesia. SEON said the infrastructure enables in-country data processing in line with Otoritas Jasa Keuangan requirements and supports real-time decisioning for financial institutions operating in the market.

Troy Nyi Nyi, senior vice president and general manager at SEON, said Indonesia remains a key fintech market for the company as fraud methods become more complex and expectations around compliance rise.

"We've established a strong local presence – with infrastructure, a growing partner network and customers operating at scale – and we're supporting institutions as they invest in more advanced risk and compliance systems," he said.

Indonesia's digital finance market continues to handle high transaction volumes. Bank Indonesia reported 4.67 billion digital payment transactions in February 2026, up 40.35% from a year earlier.

Fraud and scam activity has also placed pressure on financial institutions and regulators. As of January 31, 2026, Indonesia's financial regulator, OJK, said its Anti-Scam Centre had received 448,442 reports and blocked 415,385 accounts.

SEON said it is working with local industry partners to support fraud prevention and risk management efforts among Indonesian organizations. These efforts cover areas such as coordinated attack tactics, scam activity, and compliance processes.

The company's platform covers onboarding, transaction monitoring, case management, fraud detection, and AML workflows. These functions are used by financial institutions to review user behavior, flag suspicious activity, and support internal investigation processes.

SEON will also host RiskTech Connect in Jakarta on April 28. The event, titled "AI-Powered Fraud Defenses," will focus on how AI is being used in onboarding, transaction monitoring, and case management.

The event is expected to bring together senior leaders from risk, fraud, AML, payments, and digital transformation roles. SEON said the program forms part of its broader work with Indonesia's financial services ecosystem.

The company is also expanding its partner network across Asia-Pacific. It said local implementation and compliance partners support financial institutions working through Indonesia's regulatory requirements.

SEON's Asia-Pacific operations are headquartered in Singapore. From there, the company supports clients in Indonesia and across Southeast Asia.