Payment leaders in Asia, including Ant International, AlipayHK, and TNG eWallet, have launched the Digital Wallet Guardian Partnership to enhance the security of global digital wallet payments, addressing the rising threat of fraud in the Asia Pacific region. Announced on September 11, 2025, this initiative leverages AI and privacy-preserving technologies to protect users and merchants, with the initial phase focusing on Alipay+ EasySafePay 360 to combat account takeovers.
Digital Wallet Guardian Partnership enhances global wallet security.
Ant International, AlipayHK, and TNG eWallet lead the initiative.
Alipay+ EasySafePay 360 reduces account takeover risk by 90%.
Asia Pacific accounts for $9.8T in digital wallet spending.
42% of global fraud cases originate in Asia, with 15% of wallets compromised.
Includes AI-driven tools, knowledge sharing, and awareness campaigns.
The Asia Pacific region dominates digital payment adoption, contributing nearly two-thirds of the global digital wallet spend at $9.8 trillion. However, this growth has made digital wallets prime targets, with 42% of global fraud cases originating in the region and 15% of wallet accounts compromised in 2023. The Digital Wallet Guardian Partnership, launched by Ant International, AlipayHK, and TNG eWallet, focuses on three pillars: technology innovation, knowledge collaboration, and stakeholder engagement. “At TNG Digital, the trust of our 24 million and growing verified (eKYC-ed) users and over 2 million merchants is our greatest asset, and safeguarding that trust is non-negotiable,” said Alan Ni, Chief Executive Officer of TNG Digital.
In its initial phase, the partnership introduces Alipay+ EasySafePay 360, an AI-powered solution that reduces account takeover risk by 90% in trials. It uses real-time AI analysis to build dynamic risk models, proactively blocking fraudulent activities while maintaining user privacy through industry-leading privacy computing. “With the rise of e-payments in Hong Kong, security innovation is crucial for user trust,” said Venetia Lee, CEO of AlipayHK. “We safeguard our 4.5 million active users with 24/7 AI monitoring, customisable protections, and regular anti-fraud tips.” EasySafePay also offers a Money-Back Guarantee for unauthorized transactions, with an AI-driven approval process boosting efficiency by 90% and accuracy above 95%.
The partnership fosters knowledge-sharing through workshops on evolving risk patterns and launches awareness campaigns to educate consumers and merchants on fraud prevention. EasySafePay’s one-stop user portal enables wallet operators to integrate customizable tools, addressing user concerns efficiently. It also supports seamless online transactions, improving merchant conversion rates by up to 10%. “While AI enhances our ability to manage risks, it also introduces new challenges that we must proactively address,” said Tianyi Zhang, General Manager of Risk Management and Cybersecurity at Ant International.
Alipay+, Ant International’s global e-wallet gateway, connects over 100 million merchants to 1.7 billion user accounts, promoting cross-border payment interoperability. The partnership’s collaborative approach ensures scalable, secure solutions for the growing digital economy, reinforcing trust and driving growth in global commerce.
With headquarters in Singapore and main operations across Asia, Europe, the Middle East and Latin America, Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.