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Experian plc - Experian & CyberSecurity Malaysia: Growth in Digital Transactions Increases Risk of Identity Theft

Experian plc - Experian & CyberSecurity Malaysia: Growth in Digital Transactions Increases Risk of Identity Theft
experianplc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from experianplc.com Daily Mail and Mail on Sunday newspapers.

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Experian & CyberSecurity Malaysia: Growth in Digital Transactions Increases Risk of Identity Theft

Experian & CyberSecurity Malaysia: Growth in Digital Transactions Increases Risk of Identity Theft
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Kuala lumpurCity ofUnited kingdomExperian trackmyAmirudin abdul wahabLondon stock exchangeMoney campaignFederation of malaysian consumers fomcaExperian information services malaysiaBank negara malaysiaMalaysian consumersFraud reportGlobal cyberagentCybersecurity malaysiaSecurity malaysiaHaji amirudin abdul wahab

Experian plc (via Public) / Experian i-DTC: Trade Payments Show Moderate Improvements in 1Q 202

Experian plc (via Public) / Experian i-DTC: Trade Payments Show Moderate Improvements in 1Q 202
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Malaysians need to manage credit, finances for better future

KUALA LUMPUR (March 2) Malaysians should remain proactive and take a more informed view in managing their finances to plan for the future and road to recovery, given the economic uncertainties ahead of them, said information services company, Experian Information Services (Malaysia). Chief executive officer Dawn Lai noted that credit scores had weakened in the Covid-19 impacted 2020, particularly for individuals aged between 22- and 28 years old. “However, comparing the credit risk grades of 2020 with 2018, we observed more improvements in the age groups of more mature Malaysians. “Almost 70% of individuals aged 29-35 either maintained or improved their risk grades over the last three years,” she said in a statement today.

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New lockdown casts shadow on banking prospects

MALAYSIA’s reimposition of a Movement Control Order (MCO) last week casts a shadow on the banking sector’s prospects, with some wondering if it will derail an anticipated strong recovery in the lenders’ earnings this year. Analysts say it is too soon to tell as it will ultimately depend on how long the so-called MCO 2.0 goes on for. It is widely expected that the two-week MCO, imposed on six states from Jan 14, will be extended given the high number of new Covid-19 cases in the country. Six other states are under a Conditional MCO and two under a Recovery MCO.

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