Trident Digital Tech Partners with Israel's Cybersecurity Leading Firm Memcyco to Launch Asia-Pacific's First Preemptive AI Fraud Defense
SINGAPORE, April 09, 2026 (GLOBE NEWSWIRE) -- Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) today announced a strategic partnership with Memcyco — a U.S.-Israeli cybersecurity innovator that has raised $47 million in funding and won three categories at the 2025 Cybersecurity Excellence Awards — to bring proactive, AI-powered fraud defense to enterprises across the Asia-Pacific region, a market where digital fraud losses are estimated in the billions of dollars annually.
The partnership integrates Memcyco's real-time threat detection and account takeover (ATO) prevention technology into Tridentity's blockchain-based digital identity and Web 3.0 authentication platform. Unlike conventional cybersecurity solutions that respond only after an attack has occurred, the combined solution is designed to intercept and dismantle fraud attempts before financial damage is done — shifting organizations from a reactive posture to preemptive, prevention-first readiness.
The integrated solution enables organizations to:
- Detect and preempt AI-driven impersonation attacks in real time, before financial damage occurs.
- Identify affected users during an active attack — not after the fact.
- Neutralize stolen credentials through advanced deception-based countermeasures that feed false data back to attackers.
- Protect brand reputation and maintain customer trust across digital channels.
- Deploy rapidly with an agent-less architecture — reducing implementation time and friction for enterprise IT teams.
"Tridentity was built on the conviction that blockchain-based identity verification can fundamentally transform how organizations protect digital interactions," said William Lim, CEO of Trident Digital Tech. "Memcyco's real-time impersonation detection adds a critical layer to that foundation — one that acts before fraud occurs, not after. As AI-driven attacks grow faster and more sophisticated across the region, we believe this collaboration will set a new standard for enterprise fraud defense in Asia-Pacific, differentiating the Tridentity-Memcyco solution from anything currently available in the market."
"Fraud in Asia-Pacific is evolving faster than most organizations can respond. Reactive controls leave a critical gap. By combining Tridentity's identity infrastructure with Memcyco's real-time detection and disruption capabilities, we enable organizations to stop digital impersonation and account takeover (ATO) attacks before and during execution, not after the damage is done. This significantly reduces financial and operational losses," said Israel Mazin, CEO of Memcyco.
A Region Under Siege from Digital Fraud
In Southeast Asia alone, losses from digital fraud range from hundreds of millions to billions of dollars annually, with AI-powered impersonation emerging as the primary attack vector. Despite widespread deployment of cybersecurity tools, internal Memcyco research indicates that while 72% of companies have scam detection tools in place, only 6% feel truly protected — a gap the Trident-Memcyco alliance is specifically designed to close.
Existing solutions remain largely reactive, relying on takedown-based approaches that leave a critical window of exposure during which customers are compromised and stolen credentials are exploited. Memcyco's platform addresses this by infiltrating attack workflows at multiple points along the attack lifecycle — neutralizing threats before they escalate, identifying affected users in real time, and exposing attackers through deception-based countermeasures.
The partnership expects to begin commercializing joint solutions by the third quarter.
About Trident Digital Tech Holdings Ltd
Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide, based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients' end-user experience by promoting digital adoption and self-service.
Tridentity, the Company's flagship product, is an innovative, highly secure blockchain-based identity solution that provides single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thereby promising a new era of security in the global digital landscape and within Asia-Pacific.
Beyond Tridentity, the Company's mission is to become the global leader in Web 3.0 activation, connecting businesses to a reliable and secure technological platform with tailored and optimized customer experiences, with a strong focus on Asia-Pacific and other high-growth markets. For more information, visit: https://tridentity.me/
About Memcyco
Memcyco is a digital risk protection company headquartered in Boston, with research and development operations in Israel. Its platform delivers real-time, preemptive protection against phishing, digital impersonation, and account takeover (ATO) fraud — enabling enterprises to detect scams as they unfold, identify individual victims in real time, and dismantle attacks before harm is done.
Founded by Israel Mazin, Gideon Hazam, Ori Mazin, and Eli Mashiah — a team with a prior $500 million exit in cybersecurity — Memcyco has raised $47 million in total funding, including a $37 million Series A round completed in January 2026 led by NAventures (National Bank of Canada's venture arm) and Pags Group (the family office of Steve Pagliuca). The company won three categories at the 2025 Cybersecurity Excellence Awards, including Most Innovative Cybersecurity Company, and was named to Fast Company's 2025 "Next Big Things in Tech" list. For more information, visit: https://www.memcyco.com/
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