Japan’s NTT Data sees its acquisition of a majority stake in Kuala Lumpur-based regional online payment systems provider iPay88 Sdn Bhd as marking its serious entry into South-East Asia, while it would be “business as usual” for the Malaysian company.
Online payment systems provider iPay88 has seen its Malaysian operations acquired by Japan’s NTT Data Corp. According to observers, the acquisition puts the Malaysian tech ecosystem on the radar of global players.
MasterCard Inc has outlined its vision for online payments beyond passwords, saying this would make life simpler for cardholders while increasing security.
Singapore-headquartered Coda Payments has announced partnerships with telcos and digital merchants which would allow their customers to make digital payments without the need for a credit card.
Singapore-headquartered Telr, which bills itself the multicurrency and multilingual payment gateway for SMEs (small and medium enterprises), has announced its merger with Innovate Payments.
According to a survey conducted by Kaspersky Lab and B2B International, 49% of Internet users worldwide felt vulnerable while shopping online or making online transactions, and 42% of users would utilise online payment systems more often if they felt they were protected from cyber fraud.
Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected]
Payment startup Omise has announced a seed-financing round of US$300,000 by venture firm East Ventures, which it said would help it accomplish its goal of offering a payment solution for everyone in Thailand even as it prepares for a beta launch in September.
Fico has announced that the Philippines’ largest bank, BDO Unibank, has selected Fico Falcon Fraud Manager to help detect and reduce debit card fraud.
MOL Global Pte Ltd has agreed with Sultan Ibrahim of Johor for him to acquire a 15% stake in its wholly owned operating subsidiary, MOL AccessPortal Sdn Bhd for a cash consideration of US$120 million.