LATEST NEWS   PM Anwar will head to Sabah this Friday to meet the people and assess the disaster situation - DPM Ahmad Zahid | Malaysia is spearheading efforts to establish a World Halal Development Council (WHDC) - DPM Ahmad Zahid | 

There are 85 news based on search keyword " fraud"

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.

FACIA Achieves 100 Pct Accuracy On Deepfake Detection Benchmark 

KUALA LUMPUR, July 23 (Bernama) -- FACIA, a global leader in facial biometric technology, has announced that its deepfake detection system achieved 100 per cent accuracy on Meta’s Deepfake Detection Challenge Dataset (DFDC), reinforcing its position in combatting synthetic media threats.

MyFintech Week 2025 To Highlight Regional Collaboration, Innovation In Finance

KUALA LUMPUR, July 14 (Bernama) -- Malaysia’s flagship financial technology (fintech) event MyFintech Week (MyFW) returns for its third edition from Aug 4-7, 2025, as the country assumes the ASEAN chairmanship, underscoring its commitment to regional cooperation in driving digital financial transformation.

Expat Pass Application Process Reduced To 10 Days Via Xpats Gateway

KUALA LUMPUR, July 7 (Bernama) --  The processing time for Expatriate Employment Pass (EP) approvals, which used to take up to 40 days, has been reduced to just 10 working days following the integration of the Integrated Foreign Worker Management System (ePPAx) and MYFutureJobs into the Xpats Gateway, effective July 1.

Tokenisation Boosts Payment Security, Cuts Fraud In Asia Pacific Markets

KUALA LUMPUR, July 3 (Bernama) -- The growing adoption of contactless transactions, especially in Asia Pacific, has enhanced payment security with tokenisation technology extending the same level of protection to digital, card-not-present environments.

Trident Signs Landmark Deal With Democratic Republic Of Congo For Digital ID Rollout

KUALA LUMPUR, June 26 (Bernama) -- Singapore-based Trident Digital Tech Holdings Ltd (Trident) has signed a definitive public-private partnership (PPP) agreement with the Government of the Democratic Republic of Congo (DRC) to implement “DRCPass”, a nationwide digital identification system.