Cognizant and FICO Forge Alliance to Combat Fraud in Real-Time Payments with Innovative Cloud-Based Solution
Cognizant and FICO join forces to introduce a cloud-based real-time payment fraud prevention solution, leveraging AI and ML technologies to enhance security for banks and payment service providers in North America. The collaborative initiative aims to detect and block fraudulent transactions with precision, offering a seamless and secure consumer experience amid the proliferation of instant digital payments. 18 April 2024 –...
Seedflex Technologies Secures Funding to Launch Innovative Digital Financing Solution Across Southeast Asia, Bridging Credit Gap for Cashless Merchants
Seedflex Technologies secures seed funding from 500 Global to launch its shariah-compliant digital financing solution, PAYS Advance, across Southeast Asia, starting with Malaysia. PAYS Advance offers frictionless credit access for cashless merchants, aiming to empower MSMEs and bridge the digital credit gap in emerging markets. 18 April 2024 – Seedflex Technologies (Seedflex), a pioneering inclusive fintech company, has...
Brankas Makes History as First Indonesian Company Licensed for Account Information Services by Bank Indonesia
Brankas secures the prestigious PJP Category 2 license from Bank Indonesia, becoming the first Indonesian company licensed for Account Information Services (AInS). With approval for Payment Initiation and/or Acquiring Services (PIAS), Brankas expands its capabilities, offering secure real-time payment verification and automated prompts for insufficient funds, revolutionizing the Indonesian fintech landscape. 18 April 2024 –...
Huawei Pioneers All-Intelligent Networks at Analyst Summit 2024, Unveiling AI-Powered Strategies for Net5.5G Era
Huawei showcases its commitment to advancing network intelligence at the Analyst Summit 2024, unveiling strategies to integrate AI technologies and deploy network digital twins at scale, setting a new standard for innovation in the Net5.5G era. 18 April 2024 – At the Huawei Analyst Summit 2024, Steven Zhao, Vice President of Huawei’s Data Communication Product Line, unveiled the company’s groundbreaking strategies to...
Trip.com Group Unveils 8 Sustainable Travel Tips for Earth Day 2024
Trip.com Group provides practical advice for eco-conscious travelers this Earth Day, covering strategies like carbon offsetting, supporting local communities, and exploring lesser-known destinations to promote sustainable travel practices. 18 April 2024 – As travelers, we’re drawn to the majesty of mountains, the allure of the sea, and the freedom of the skies. Yet, amidst our wanderlust, we’re increasingly aware of...
MATRADE and Amazon Global Selling Collaborate to Boost Malaysian SMEs in Cross-Border E-commerce
MATRADE and Amazon Global Selling have joined forces to boost Malaysian SMEs in cross-border e-commerce, offering comprehensive training and support to empower local entrepreneurs. With a focus on leveraging Amazon’s global platform, the collaboration aims to facilitate international success for Malaysian brands. 18 April 2024 – In response to the increasing demand from Malaysian businesses, MATRADE (Malaysia External...
GDEX Bhd Charts New Course with Dive into IT Services Amid Financial Challenges
Express delivery company GDEX Bhd is venturing into the IT sector to counter financial losses, with plans to diversify its revenue streams through investments in IT services and solutions. Despite experiencing losses in its express delivery business, GDEX remains optimistic about the growth potential of its IT segment. 17 April 2024 – Express delivery firm GDEX Bhd has announced its strategic move into the information technology...
Malaysia’s International Remittance Market Shows Strong Growth Trend
Malaysia’s international remittance market is experiencing robust growth, with both inbound and outbound transactions expected to expand through 2028. The analysis provides insights into transaction values, consumer demographics, and transactional flows, offering stakeholders strategic insights to capitalize on emerging opportunities in the evolving remittance landscape. 17 April 2024 – A recent in-depth analysis of...
Innovation Takes Center Stage at 135th Canton Fair: Showcasing New Quality Productive Forces
The 135th Canton Fair showcases pioneering advancements in electronics and appliances, highlighting the utilization of new quality productive forces to redefine industry standards. Exhibits include innovative VR devices, intelligent service robots, and cutting-edge video surveillance products, offering a glimpse into the future of technology-driven consumer experiences. 17 April 2024 – The 135th China Import and Export Fair,...
Netflix Earnings Report: Focus on Subscriber Growth Amidst Password Sharing Crackdown
Netflix prepares to release its earnings report, with attention on maintaining subscriber growth amidst challenges posed by password sharing crackdowns. Analysts scrutinize the streaming giant’s strategies, including the adoption of ad-supported tiers and expansion into sports entertainment. 17 April 2024 – As Netflix prepares to report its earnings on Thursday, attention is drawn to its strategy for sustaining subscriber...
Telegram Founder Pavel Durov Forecasts Rapid Growth Towards One Billion Users
Telegram founder Pavel Durov predicts the messaging app’s user base will soon exceed one billion, emphasizing its neutrality amidst geopolitical pressure and scrutiny. Despite challenges, including allegations of Russian influence, Durov remains committed to Telegram’s role as a platform for diverse communication. 17 April 2024 – Pavel Durov, the billionaire behind Telegram, anticipates the messaging app will soon...
Alliance to End Plastic Waste Releases Groundbreaking Solution Model Playbooks
The Alliance to End Plastic Waste launches innovative ‘Solution Model’ playbooks, providing actionable strategies for stakeholders to combat plastic pollution and promote circularity in the plastic economy. 17 April 2024 – The Alliance to End Plastic Waste has launched the first pair of ‘Solution Model’ playbooks, designed to provide insights and strategies for stakeholders across the plastic value chain....
Visa Unveils Advanced Payment Solutions to Empower Merchants in Evolving Retail Landscape
Visa unveils advanced payment solutions to support merchants in the evolving Click-and-Mortar™ shopping landscape, emphasizing simplified payment experiences and enhanced connectivity. Key enhancements include Developer Assist for partner integration, a revamped SMB platform by Authorize.net, and the expansion of Tap to Phone technology for mobile acceptance. 17 April 2024 – Visa, a global leader in digital payments, announces...
Bank Negara Malaysia to Hold 17th Auction of Special Serial Number Ringgit Banknotes
Bank Negara Malaysia is organizing its 17th Auction of ringgit banknotes featuring special serial numbers, with online bidding open from April 20th to April 27th, 2024, and onsite and live auctions occurring on April 27th, 2024, at Sasana Kijang, Bank Negara Malaysia. Unique serial number banknotes, including sets of the first 10 and super solid numbers, will be up for auction through BNM’s appointed auctioneer, MNP Auctioneers...
Cybersecurity Report Reveals Alarming Trends in Remote Desktop Protocol (RDP) Attacks
Sophos’s latest cybersecurity report reveals a concerning surge in remote desktop protocol (RDP) abuse, with RDP implicated in 90% of cyberattacks in 2023. Despite compromised credentials becoming the leading cause of attacks, many organizations still lack multi-factor authentication, highlighting critical vulnerabilities in their security infrastructure. 17 April 2024 – Sophos, a leading provider of cutting-edge...
FinbotsAI and KBZ Bank Join Forces to Transform Credit Risk Management in Myanmar with AI-Powered Solution
FinbotsAI partners with KBZ Bank, Myanmar’s leading bank, to implement CreditX, an AI-powered credit scoring solution, revolutionizing credit risk management in the region. The collaboration aims to enhance operational efficiency, drive financial inclusion, and facilitate faster and more accurate credit assessments across retail and SME products. FinbotsAI, a Singapore-based B2B SaaS FinTech backed by Accel, has announced a...
Health Ministry Cracks Down on Tadalafil-Laced Ginseng Candy Sold on Lazada
The Health Ministry instructs Lazada to remove Kingu Ginseng Candy from its platform due to the presence of tadalafil, a prescription medication. The product’s labeling deficiencies and health risks associated with tadalafil prompt immediate action, with traders warned against selling items containing harmful ingredients. 16 April 2024 – E-commerce giant Lazada has been directed by the Health Ministry (MOH) to remove all...
Fintech Funding Declines in Asia Pacific, but Global Landscape Holds Promise: S&P Global Market Intelligence
Asia Pacific experiences the largest year-on-year decline in fintech funding, while global landscape shows promising signs with certain regions and segments experiencing growth, according to data from S&P Global Market Intelligence. Late-stage investing is on the rise, and there’s anticipation of fintech companies going public in the coming years. 16 April 2024 – In the first quarter of 2024, Asia Pacific witnessed the...
Juniper Research Predicts 41% Surge in Digital Money Transfers by 2028
Juniper Research forecasts a 41% increase in digital money transfers by 2028, driven by the adoption of mobile money in developing regions and instant payments in developed markets. The top 5 platform vendors for 2024, including Huawei and PayPal, are revealed, with an emphasis on the importance of innovation and a Payment-as-a-Service approach to stay ahead in the competitive landscape. 16 April 2024 – According to a new study...
ACE Programme Produces New Generation of Contractor Entrepreneurs in Sarawak
The ACE Programme in Sarawak celebrates the graduation of 11 successful participants, marking a milestone in nurturing knowledgeable and competitive contractor entrepreneurs for Malaysia’s construction industry. Officiated by Deputy Minister Ahmad Maslan, the ceremony underscores the programme’s effectiveness in driving innovation and fostering entrepreneurship, with plans for its continuation in June 2024. 16 April 2024...
