Archive

Kiplepay Cautions Users on Potential Data Breach Due to iPay88’s Incident

Kiplepay, an e-wallet service provider and a wholly-owned subsidiary of Green Packet, had informed its Kiple Visa Prepaid Card users via email of a potential data breach through a third-party payment gateway provider on 15th August 2022. The customer communication

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Maybank Appoints Dr Siew Chan Cheong as New Group Chief Strategy Officer

Maybank announced that it has appointed Dr Siew Chan Cheong as its Group Chief Strategy Officer, effective 15 August 2022. Dr Siew will assist and report to the Group President and CEO of Maybank, and work closely with the Board

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Touch ‘n Go Launches Digital Investment Platform GoInvest

Touch ‘n Go Group has launched GOinvest, its proprietary digital investment platform, which can be accessed through Touch ‘n Go eWallet. GOinvest’s first product offering is the Principal Islamic Money Market Fund which is developed and managed by Principal Asset

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KPMG Partners With FAOM to Catalyse the Growth of the Malaysian Fintech Sector

KPMG in Malaysia and Fintech Association of Malaysia (FAOM) signed a Memorandum of Understanding (MoU) with the aim to catalyse the growth of Malaysia’s fintech sector and the digital players in the space. Through this collaboration, KPMG and FAOM will

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Bank Islam Partners With UK Islamic Fintech Kestrl to Expand Be U’s Personalised Solutions

Bank Islam Malaysia Bhd has chosen Kestrl, a UK based Islamic Fintech that offers personal finance solutions to Muslims, to develop and implement personal financial management (PFM) features for its newly launched digital bank ‘Be U’. Through this partnership, Bank

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BNM Says iPay88’s Data Breach Does Not Involve Banks’ Systems Vulnerabilities

Bank Negara Malaysia (BNM) said in a statement that forensic investigations are still ongoing with regard to the payment gateway provider iPay88’s potential data breach incident. The breach originated from and is confined to iPay88’s payment card systems and does not

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Banks to Heighten Cybersecurity Countermeasures After iPay88’s Breach

Malaysia’s iPay88 revealed in a statement that it had experienced a cybersecurity incident where card data may have been potentially compromised. iPay88 said that upon discovery of the issue, it had immediately initiated an investigation on 31 May 2022 and

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Google Cloud to Set Up Infrastructure in Malaysia as Part of Massive Expansion Plan

Google Cloud announced that it plans to expand to Malaysia to meet growing demand for cloud services in Asia Pacific. Other regions that Google Cloud is eyeing includes Thailand, New Zealand, Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin. When

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TNG E-Wallet Users Can Refuel at Shell With Contactless RFID Payments

Touch ‘n Go Group and Shell Malaysia has launched a new cashless experience that enables customers to pay for fuels using Touch ‘n Go RFID at 88 Shell stations nationwide. According to Touch ‘n Go, the number of Shell stations

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Gary Yeoh Joins Atome Malaysia as GM After a Short Stint at Fave

Buy now, pay later (BNPL) platform Atome announced the appointment of Gary Yeoh as its General Manager. With over 20 years’ experience in retail and financial and payment sectors, Gary will be instrumental in spearheading Atome’s growth in Malaysia. Prior

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