MOLCube, a truly mobile payment for SMEs by MOL Global
The Asia’s leading e-payment service provider, MOL AccessPortal Sdn Bhd (MOL) signed an agreement with Soft Space International Sdn. Bhd. (Soft Space), a mobile payment technology company to establish a joint venture (JV) mobile payment acquiring company, MOLCube Sdn. Bhd. (MOLCube) in Berjaya Time Square yesterday. MOL owns the 65 percent share of MOLCube while Soft Space owns the rest, the MOL Global Group CEO Ganesh Kumar Bangah...
Groupon Singapore: Building customer satisfaction to stay competitive
The leading daily deals site in Singapore, Groupon Singapore said the group buying sector is fading but it is unfazed due to it remains focused on building its customer trust and satisfaction. To stay competitive, Groupon Singapore allows its customers to redeem their purchased Groupon goods instantly from its physical retail concept store – Groupon Shop which launched few months ago. This new concept store is located in Suntec City...
KSOS 2 helps small businesses away from cyber threats
41 percent of the businesses found are not prepared for cyber threats and 31 percent of its IT personnel are not fully aware about the latest Trojans, according to a research conducted by B2B International and the largest antivirus company in Europe Kaspersky Lab. To help the businesses to protect their proprietary data and intellectual properties from being stolen or leaked, Kaspersky Lab launched its second version of Kaspersky...
E-commerce is growing rapidly in Singapore
According to Channel News Asia, the transaction of e-commerce in Singapore will be expected reach SGD1.1 billion (RM2.73 billion) by end of this year and will hit SGD4.4 billion (RM10.95 billion) by 2015. by Raymond Chin
CIMB Bank: 10 percent of card spent from debit cards
The introduction of the RM50 government service tax in 2010 has made the number of credit cards in circulation went down by 21 percent in 2010, dropped 4 percent in 2011 and 2 percent decrease this year, according to Renzo Christopher Viegas, CIMB Group’s deputy CEO and head of consumer banking. However, purchases using credit card were increased by 7 percent this year but is lower if compared with last year which increased by 11...
Fortinet: Government should focus more in development of knowledge workers
As reported earlier on the one-off-rebate of RM200 for the purchase of one unit of 3G smartphone announced by Malaysia Prime Minister in the Budget 2013 recently, the Regional Director, Southeast Asia and Hong Kong of Fortinet, Dato’ Sri George Chang commented that the government should consider the measures to facilitate the long-term adoption of the smart phones besides the rebate, such as upgrade the telecommunication...
Stay away from cybercrime for better economy
The Chairman of Telekom Malaysia Berhad (TM) Datuk Dr Halim Shafie said that the advance of the information communication technology (ICT) has made the cyber-crime to become the top threat to our economy today. The impact from the cyber-crime is serious which includes the loss of customer and company reputation and therefore TM is collaborating with EC-Council Academy to create awareness of the risk of cyber-crime among its employees,...
Veritrans online payment offered for Indonesian merchants
Veritrans Indonesia, a joint-venture between Veritrans Japan, Netprice and midPlaza Group launched its localized online payment service in Jakarta recently. Veritrans Indonesia announced that Sribu and KrazyMarket are some of its pioneer e-commerce merchants who signed up its payment service prior the launching. Referring to the statement published in Veritrans Indonesia website, it only charges the merchants on transaction fee which...
MOLPay expands its online payment service to Southeast Asia market
Local leading online payment service provider MOLPay launched its multi-currency processing service officially for online merchants in Southeast Asia region such as country of Malaysia, Singapore, Indonesia, Vietnam, Thailand, Philippines and Brunei. MOLPay said its multi-currency platform can process 12 major foreign currencies for online merchants including such as US Dollar, Singaporean Dollar, Vietnamese Dong, Philippines Peso,...
BNM warns public on illegal and suspicious financial entities and activities
Bank Negara Malaysia (BNM) has issued a consumer alert to public through its official website (www.bnm.gov.my) that advising members of public not to deal with any of the illegal financial service providers, reveal or disclose personal financial credentials to any of the illegal financial service providers and involve or associate with any of the illegal financial service providers. The illegal financial activities including but not...
