Mastercard Introduces AI-Powered Cyber Shield to Strengthen Customer Security
Mastercard has announced a new AI-powered cybersecurity solution called “AI Cyber Shield,” which will help protect customers from potential cyber threats. The technology analyzes vast amounts of data in real-time to identify patterns and signals of potential attacks, such as malware and phishing attempts. It then uses this information to create a protective shield around the user’s device and prevent the...
Digital Remittances on the Rise: Visa Study Finds 53% of Consumers Turn to Apps for International Money Transfers
Visa has released a research report called “Money Travels: 2023 Digital Remittances Adoption,” which surveyed over 14,000 consumers across ten countries, showing that digital remittances are becoming the most popular way to send money internationally. This study showed that 53% of consumers surveyed are turning to digital apps to send and receive funds globally, with app-based digital payments being considered the...
GHL Teams Up LGMS to Enhance Security Protection Over Card Data
LGMS Berhad (LGMS) and GHL Systems Berhad (GHL) have joined forces to enhance PCI (Payment Card Industry) security standards compliance for the merchant ecosystem, which has been developed by LGMS to strengthen the security of the payments landscape for consumers and businesses. The collaboration was marked by a signing ceremony attended by LGMS Executive Chairman Fong Choong-Fook and Executive Director Goh Soon Sei, and GHL...
UTM to Partner with MasterCard to Build Cyber Innovation Hub
Mastercard has announced its partnership with Universiti Teknologi Malaysia (UTM) to establish a Cyber Innovation Hub aimed at building a cyber-ready workforce in Malaysia. This initiative is set to expand industry expertise and strengthen the country’s cyber resilience capabilities to ensure its digital economy is future-proof. The satellite UTM-Mastercard Cyber Innovation Hub will leverage Mastercard’s...
GHL Enables PayLater by Grab for In-Store Purchases
GHL Systems Berhad (GHL) continues the rollout of PayLater by Grab for its in-store merchants, giving consumers the flexibility of making payment in the following month or in four monthly instalments, with 0% interest. GHL first announced the enablement of PayLater back in 2021 for online merchants. Current GHL merchants include All IT Hypermarket, Afterspring International, Thunder Match Technology, Astro GS Shop and many...
Revenue Monster Names Kamarul Arifin Mohd Jamil, Former Affin Bank Group CEO, As New Chairman
Revenue Monster Group – a Malaysian financial technology company has appointed former Affin Bank Group CEO, Kamarul Arifin Mohd Jamil, as its new chairman. The appointment marks the Group’s next step in its plans for hypergrowth within the FinTech space. Leveraging Kamarul’s decades of experience in the financial services industry, Revenue Monster Group is poised for an eventful 2023 with a string of high profile...
Mastercard Brings More Payment Choices to Consumers in Malaysia with Google Wallet
To meet growing consumer preference for more payment options, Mastercard is bringing contactless payments to consumers in Malaysia, with the launch of Google Wallet in the country today. Mastercard cardholders from CIMB Bank Berhad and Hong Leong Bank Berhad can now save their credit and debit cards within Google Wallet, a digital wallet that enables users to store credit and debit cards, as well as loyalty cards, boarding...
GHL Partners with Alipay+ to Connect Retailers in Malaysia with Mobile-First Asian Travelers
Foreign travelers visiting Malaysia can now pay using their domestic mobile e-wallets at over 40,000 retail outlets powered by GHL Systems Berhad (GHL), which is made possible through a partnership announced today with Alipay+, a global cross-border digital payments and marketing solution. An offering of Ant Group, Alipay+ is designed to enable global businesses, especially small and medium-sized businesses, to accept a wide...
Mambu Announces Extended Cloud Approach with Three Leading Cloud Providers
Mambu, the leading SaaS cloud banking platform, has announced general availability across three leading cloud providers Amazon Web Services (AWS), Google Cloud and Microsoft Azure, expanding its global market reach. The fintech’s cloud approach allows complete flexibility for customers to meet ambitious expansion plans seamlessly, giving customers the choice to use the most secure, reliable and high-performance technology...
GHL Partners Ablr to Expand Digital Payment Services
As part of its continued efforts in leading the region’s cashless revolution, ASEAN’s payment solutions provider, GHL Systems Berhad (GHL) has joined hands with Buy Now Pay Later (BNPL) player, Ablr, to offer enhanced payment solutions to the growing number of GHL merchants and consumers, providing even greater choice and flexibility when paying for goods and services. By leveraging on Ablr’s white label proprietary platform,...
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