KUALA LUMPUR, 28 May 2020 – GBG (AIM:GBG), the global technology specialist in fraud and compliance management, identity verification and location data intelligence, today announced its expansion of AI and machine learning capabilities for its transaction and payment monitoring solution, Predator, making deep learning and predictive analytics available to their entire digital risk management customer journey. GBG first announced its machine learning capabilities for Instinct Hub, their digital onboarding fraud management system in January this year. The new AI capability additionally processes third party data – device fingerprinting, geolocation, mobile and IP, endpoint threat intelligence, behavioral analytics – assimilated into the GBG Digital Risk Management and Intelligence platform to enhance their model performance in fraud detection.

With the current pandemic giving rise to changes in consumer behavior in spending, fund transfers and loans, the ability to re-learn new data and adapt to new environments can help financial organizations detect emerging and escalating transaction and payment fraud trends and mitigate fraud loss. Based on GBG’s “Understanding COVID-19 Fraud Risks” poll results in April, 37% of respondents see transaction fraud as the fraud typology that they are most vulnerable to.

Kuala Lumpur, May 2020 – Touch ‘n Go eWallet and the National Kidney Foundation (NKF) of Malaysia recently announced a fundraising collaboration for NKF's underprivileged kidney failure patients. The collaboration between Malaysia’s first non-governmental organisation to offer haemodialysis treatment and Malaysia’s largest e-wallet platform will enable users of this eWallet to contribute towards NKF'S cause.

Touch ‘n Go eWallet users in Malaysia can now scan the QR code on NKF's website and donate their preferred amount − with all proceeds donated directly to NKF Malaysia.

Shah Alam, 28 May 2020 – TIME dotCom Berhad (“TIME” or “the Group”) recorded consolidated Group revenue of RM293.9 million for the quarter ended 31 March 2020. The 12.0% increase relative to the same period in the preceding year was driven by higher overall revenue growth seen across all core product and customer groups.

A current quarter consolidated profit before tax of RM125.6 million was recorded. This was driven by higher overall revenue growth, a large net gain on foreign exchange, lower interest expense and a higher share of profit from associates.

Subang Jaya, 28 May 2020 - Digi and the Malaysia Digital Economy Corporation (MDEC) today announced its Business Continuity Digitalisation (BCD) Programme aimed at helping small and medium enterprises (SMEs) mitigate the impact of Covid-19 by leveraging digital opportunities.

With a series of activities in the pipeline taking place throughout the year, the BCD Programme will focus on equipping SMEs with the right knowledge to realise the benefits of digitalisation as well as utilise the right digital tools and solutions to get their businesses running seamlessly.