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There are 126 news based on search keyword " fraud"

Malaysia's New NS2.0 To Take Sharper Approach Addressing Current Realities, Preparing Future Needs -- BNM

KUALA LUMPUR, Oct 2 (Bernama) -- Malaysia's new National Strategy for Financial Literacy (NS2.0) will take a sharper, more inclusive and action-oriented approach to address today’s realities while preparing for future needs.

Brazilian Legal Prodigy Raises US$35 Mln To Tackle Country’s Litigation Crisis With AI

KUALA LUMPUR, Sept 25 (Bernama) -- Brazil’s legal system is overwhelmed by volume, burdened by close to 80 million active lawsuits—a figure eight times higher than in the United States, especially in labour-related claims costing companies billions annually.

Telcos Launch Federated Number Verification API For Banks, Online Retailers To Combat Fraud

KUALA LUMPUR, Sept 23 (Bernama) -- CelcomDigi Bhd, Maxis Bhd, U Mobile Sdn Bhd, Telekom Malaysia Bhd (TM) and YTL Communications Sdn Bhd today announced plans to provide banks and online retailers with federated access to the Number Verification application programming interface (API) to combat fraud and digital identity theft.

Mavenir Bags FutureNet Asia Award With AI-Powered Fraud Defence Solutions

KUALA LUMPUR, Sept 22 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has garnered a major industry accolade for its customer-centric artificial intelligence (AI) innovation in voice and messaging security at the FutureNet Asia Awards 2025.

FICO Poll: Only 11 Pct Of APAC Banks Highly Advanced In Hyper-Personalisation

KUALA LUMPUR, Sept 22 (Bernama) -- Despite widespread adoption of predictive analytics, only 11 per cent of banks in Asia Pacific (APAC) consider their hyper-personalisation strategies to be highly advanced, according to an industry poll conducted by global analytics software leader FICO.

AI-Enhanced Scam Risks Escalate, Key Sectors Urged To Boost Defences – Fortinet

By Anas Abu Hassan

KUALA LUMPUR, Sept 16 (Bernama) -- Artificial intelligence (AI)-generated scams are fast emerging as a significant cybersecurity threat in Malaysia, with financial institutions, government agencies, small and medium-sized enterprises (SMEs), and retail sectors among the most exposed, according to cybersecurity firm Fortinet.

PayNet Explores Federated AI Model To Bolster Fraud Detection In Digital Payments

KUALA LUMPUR, Sept 8 (Bernama) -- Payments Network Malaysia Sdn Bhd (PayNet) is exploring the development of a federated artificial intelligence (AI) model, tentatively called FinancialGPT, to enhance fraud detection and strengthen security in digital payments.

CTOS, GB Gold Sign MoU To Strengthen Digital Trust

KUALA LUMPUR, Aug 29 (Bernama) -- CTOS Data Systems, Malaysia’s leading credit reporting agency and digital solutions provider, has entered into a strategic memorandum of understanding (MoU) with GB Gold Sdn Bhd to reinforce digital trust and strengthen customer protection on the GB Gold Platform.

KPDN Proposes New Law To Regulate e-Commerce

KOTA KINABALU, Aug 9 (Bernama) -- The Ministry of Domestic Trade and Cost of Living (KPDN) has proposed a new law to be drafted specifically to regulate e-commerce to ensure it is more organised and effective at the national level.

Avoid Falling Prey To SARA Aid Registration Scam -- Amir Hamzah

KUALA LUMPUR, July 31 (Bernama) -- The Ministry of Finance (MOF) has urged the public not to be deceived by fraud or scam inviting them to register for the Sumbangan Asas Rahmah (SARA) appreciation initiative announced by the MADANI government, said Finance Minister II Datuk Seri Amir Hamzah Azizan. 

Bursa Malaysia Records RM1.9 Trillion Overall Market Cap in 1H2025

KAMPAR, July 26 (Bernama) -- Bursa Malaysia has maintained its lead position in initial public offering (IPO) activities in Southeast Asia. It has also recorded an overall market capitalisation exceeding RM1.9 trillion in the first half of 2025.

Maxis Inks MoU With Aduna, Boosting Digital Business Innovation

KUALA LUMPUR, July 24 (Bernama) -- Maxis, Malaysia’s leading integrated telecommunications (telco) provider, has inked a memorandum of understanding (MoU) with Aduna, a landmark venture between some of the world's leading telco operators and Ericsson.