Hextar Technologies Launches MoneyX, a Revolutionary Fintech Super-App, to Simplify Financial Management and Literacy
Hextar Technologies has introduced MoneyX, an all-in-one fintech super-app that leverages AI tools to simplify personal financial management and enhance financial literacy. The app includes a secure digital vault and partnerships with multiple financial institutions, aiming to serve one million users by the next year. 26 October 2023 – Hextar Technologies Solutions Bhd, through its wholly-owned fintech unit, Hextar Vision Sdn...
AIOX Apex Angel Fund Joins Forces with X-PITCH 2023 to Fuel Deeptech and Web3 Innovation
AIOX Apex Angel Fund has unveiled a new venture fund focused on supporting deeptech and web3 startups. The firm has entered into a strategic partnership with X-PITCH 2023, a global startup competition, to accelerate technology adoption across various industries. 26 October 2023 – AIOX Apex Angel Fund (AIOX) has emerged from the shadows, unveiling an ambitious venture fund geared towards empowering innovators in deeptech and...
DSAM and Lazada Forge Alliance to Elevate Direct Selling Integrity on E-commerce Platform
DSAM and Lazada have joined forces to regulate direct selling on the e-commerce platform, allowing only authorized distributors with LOAs to promote products. This collaboration aims to enhance transparency, build consumer trust, and maintain product quality. 26 October 2023 – In a significant collaborative effort, the DIRECT Selling Association Malaysia (DSAM) and e-commerce giant Lazada have inked a pivotal Memorandum of...
Standard Chartered’s Year-End Campaign Offers RM1 Million in Travel Prizes, Including Seven Wonders of the World Adventure
Standard Chartered has launched its Year-End Spend & Win Travel Campaign 2023, offering prizes worth up to RM1 million. The campaign, running until January 31, 2024, features monthly giveaways of flight tickets to select destinations and a grand prize that allows one lucky winner to embark on a once-in-a-lifetime journey to one of the Seven Wonders of the World, complete with business class tickets for two. 23 October 2023 –...
Mastercard Unleashes AI-Backed First-Party Trust Program to Tackle ‘Friendly’ Fraud Surge
Mastercard’s First-Party Trust program, powered by AI insights, aims to combat the growing issue of first-party fraud in digital transactions. The initiative enhances transparency and security, offering merchants, including small businesses, tools to counter first-party fraud. By providing enriched data and dispute resolution capabilities, Mastercard intends to streamline transactions and build trust in the payment ecosystem. 23...
Visa Pilots Visa AR Manager to Revolutionize Virtual Card Acceptance for Commercial Businesses
Visa is launching a pilot of Visa AR Manager, an innovative solution designed to streamline virtual card acceptance for commercial merchants. This new offering automates the virtual card transaction process, enhancing efficiency and reducing manual efforts, ultimately providing a seamless digital payment experience for issuers and suppliers in the commercial B2B sector. 23 October 2023 – Visa, a global leader in payments, has...
Malaysia’s JC3 Unveils Initiatives to Propel Low-Carbon Practices and Foster Sustainability
The Joint Committee on Climate Change (JC3) in Malaysia has unveiled five key initiatives to accelerate the transition of businesses and farmers toward low-carbon practices. These initiatives include greening industrial parks, a value chain program with Bursa Malaysia, a portfolio guarantee scheme for ESG financing, an ESG jump-start portal, and the Green AgriTech program. The JC3’s efforts aim to promote sustainability and...
Kaspersky Joins Forces with Universiti Malaya to Elevate Cybersecurity Expertise in Malaysia
Kaspersky and Universiti Malaya have entered into a strategic partnership to enhance cybersecurity education and expertise in Malaysia. The collaboration aims to bridge the cybersecurity skills gap in the country by fostering cybersecurity talent and increasing awareness of the field. 23 October 2023 – Kaspersky, a renowned global cybersecurity company, has teamed up with Malaysia’s Universiti Malaya (UM) in a...
Sophos X-Ops Unveils ‘BlackDogs 2023’: A New Threat Group Exploiting Leaked LockBit 3.0 Code for Ransomware Assaults
Sophos X-Ops has uncovered a new ransomware threat group called “BlackDogs 2023” attempting to exploit the leaked source code from LockBit 3.0 for ransomware attacks. These copycat attackers targeted outdated and unsupported Adobe ColdFusion servers. This discovery underscores the importance of organizations prioritizing software patching and upgrading from unsupported versions. 23 October 2023 – Sophos X-Ops, a...
Kaspersky Launches Cutting-Edge Container Security Solution at GITEX to Safeguard the Modern IT Landscape
Kaspersky has introduced Kaspersky Container Security (KCS) at GITEX, a comprehensive solution designed to secure containerized environments throughout the entire application development lifecycle. KCS seamlessly integrates into DevSecOps frameworks, enhancing security for organizations with established processes and those in the early stages of implementation. 23 October 2023 – Kaspersky, a global leader in cybersecurity...
