Tag Archives: South East Asia

Iris Appoints Shaiful Subhan As New Group Chief Executive Officer

By | October 16, 2017

Kuala  Lumpur, 16 October 2017 – The Board of IRIS Corporation Berhad (IRIS), a world leader in Trusted Identification, hereby announce the appointment of Mr. Shaiful Subhan as the new Group CEO (Chief Executive Officer) of IRIS effective today. Shaiful is an accomplished leader with great operational expertise and customer insights across multiple industries.  He was previously the COO… Read More »

Prepaid SIM card owners in Indonesia must register their identities by February 2018 or face suspension

By | October 12, 2017

Prepaid SIM card owners in Indonesia will soon have more than pulsa (phone credit) to worry about, as the government is requiring them to officially register their identities with their mobile number. The IT Ministry (Kominfo) recently issued a ministerial decree requiring every prepaid SIM card owner — if they haven’t already done so — to register their number with… Read More »

Malaysia – Mastercard to complete shift from signature to pin by Jan 2018

By | October 7, 2017

KUALA LUMPUR: Mastercard Inc said it will reach a key milestone by January 2018 when all its debit cards feature contactless and a personal identification number (PIN)-enabled function, in a move to provide more convenience to consumers, prevent fraud and improved security. Wider contactless acceptance is expected in Malaysia, with more merchants opening up to the technology, the… Read More »

Philippines – UnionBank allows users to ‘lock’ ATM cards

By | October 3, 2017

MANILA – UnionBank clients can now “lock” their ATM cards, adding another layer of security as banks tighten measures against fraud, the lender said Tuesday. A card can be locked using the bank’s mobile app and while the feature is active, its counterpart account will be inaccessible to criminals, the bank said in a statement.   “The lock… Read More »

CB Bank launches contactless system with Visa, Master

By | September 25, 2017

INTERNATIONAL payment service providers Visa and Master have launched a contactless payment system in collaboration with CB Bank. It aims to substitute the current cash payment system in Myanmar, U Zayar Aung, head of cards at CB Bank told The Myanmar Times. The service will allow users to make payments by just touching their debit cards and credit cards… Read More »

Philippines – Will national ID system finally make it as a law?

By | September 16, 2017

Last week, in the nth attempt over the last 29 years, proponents of a national identification system managed to get the House of Representatives to approve a bill instituting such a system in the country: 142 voted yes, only seven (the Makabayan bloc) voted no.  In May 2015 the House passed a similar bill, but the Senate didn’t.… Read More »

UNITED Amara Bank (UAB), one of the largest financial institutions in Myanmar, will issue more than 15,000 Visa credit cards by the end of this year, says Christopher Loh, the bank’s chief executive officer and special adviser to the chairman.

By | September 14, 2017

Loh announced on Tuesday the launch of UAB’s first suite of credit cards with Visa in the country. He said three types of Visa cards would be offered; Classic, Gold and Platinum, depending on an applicant’s monthly income.  Those aged 21 and older can register for the Classic card if they earn at least 300,000 kyats (Bt7,360) a… Read More »

Philippines – Data privacy and the proposed national ID system

By | September 12, 2017

SEPTEMBER 9, 2017 fell on a weekend and it went by with nary a whimper. But it was a significant date for the National Privacy Commission (NPC). It was the deadline for organizations, private and public, to inform the NPC that they have designated a data protection officer (DPO). As practice would have it, organizations had until the… Read More »

Indonesia – 17,107 Jakarta children get ID cards

By | September 12, 2017

The Jakarta Civil Registry and Population Agency has issued 17,107 child ID cards (KIA) to ensure children’s constitutional rights, an official says. Agency head Edison Sianturi said on Sunday that: “17,107 of the 30,000 cards planned to be distributed this year were issued between January and August.”  He said the agency would continue to distribute cards until 2018. “We are still distributing them, focusing on hospitals and schools, while next year we… Read More »

Philippines – House approves National ID System

By | September 8, 2017

The House of Representatives approved on Friday a bill seeking to install the National ID System. House Bill 6221, which passed on third and final reading, is also known as the “Filipino Identification System” that will provide for the establishment of a National Identification Database System or the Filipino Identification System (FilSys).   At least 142 lawmakers voted… Read More »

Vietnam – Hanoi to introduce interoperable smart cards for public transport

By | September 7, 2017

A Record of Discussions (R/D) for the “Supporting the Development of an Interoperable Smart Card System for Public Transportation in Hanoi” Technical Cooperation Project was signed on August 31. The project will be carried out for two years from early 2018, aimed at improving the technical and management capacity of counterpart agencies under the Hanoi People’s Committee (HPC).… Read More »

Thailand – DLT issues smart driving licenses

By | September 7, 2017

BANGKOK – The Department of Land Transport (DLT) is issuing new driving licenses encoded with QR code with an aim to promote road safety. DLT Director-General Sanit Promwong revealed that the DLT wanted to raise the quality of driving licenses to a global standard. The QR code is added to the card to prevent counterfeiting. This technology will… Read More »

Philippines – House passes National ID system bill on 2nd reading

By | September 3, 2017

The House of Representatives has approved on second reading a measure to establish an identification system which provides official national ID for all Filipinos. House Bill 6221, passed on second reading last Wednesday, seeks the creation of a National Identification Database System, which will be known as the Filipino Identification System or FilSys. Laguna Representative Sol Aragones, one… Read More »

Philippines – House okays nat’l ID system on 2nd reading

By | August 31, 2017

MANILA — The House of Representatives has approved on second reading a bill seeking to create a national identification (ID) system that will streamline, integrate and simplify public and private transactions in the country. Members of the lower chamber passed via viva voce voting House Bill 6221, an Act Establishing the Filipino Identification System (FilSys), which is included in… Read More »

New Biometric Driver’s License for the Philippines

By | August 30, 2017

HAMBURG, Germany, August 30, 2017 /PRNewswire/ — DERMALOG, the largest German biometrics company, supplies the new driver´s licenses for the Philippines. The new driver´s license system went live yesterday, 29th August 2017 in Manila. 32 security features, plus fingerprint biometrics makes the new Philippines driver´s license one of the most secure in the world. The cards can be issued within 5-10 minutes, for better service… Read More »

Philippines – LTO rolls out 5-year drivers’ license cards

By | August 29, 2017

MANILA  — The Land Transportation Office (LTO) has rolled out Tuesday the drivers’ license cards with five-year validity. LTO Chief Edgar Galvante said drivers who will either acquire or renew their licenses will be getting cards on the same day. He assured that the license cards will be tamper-proof as these will contain biometric information of the drivers. “The license… Read More »

More Options and New Technology for Cashless Payment by PPCBank

By | August 28, 2017

Presently, many financial institutes armed with the latest financial-technology (Fintech) solutions are throwing their hats into the ring of the digital payment market in Cambodia. Phnom Penh Commercial Bank (PPCBank), with its ambition to grasp the leading position in payment services as an arm of its retail-banking operations, is paving its way to strengthening the card business. PPCBank… Read More »

Thai British Security Printing PCL (TBSP) Is Yet to See Trading Action on Aug 28

By | August 28, 2017

Shares of Thai British Security Printing PCL (BKK:TBSP) closed at 15.1 yesterday. Thai British Security Printing PCL currently has a total float of 110.00 million shares and on average sees 1,623 shares exchange hands each day. The stock now has a 52-week low of 10.95 and high of 17.9. Stock Exchange Of Thailand 50 Index (SET50): Driving Thailand Economy… Read More »

World’s first in-school wearable tech savings & payments programme “POSB Smart Buddy” launches in 19 schools

By | August 16, 2017

 Some 6,000 students are participating in the POSB Smart Buddy programme The programme outfits schools with digital payment infrastructure, provides students watches with digital payment and fitness tracking capabilities, and comes with a mobile app for parents   SINGAPORE,16 August 2017 – POSB today celebrates the official launch of a global first – the POSB Smart Buddy programme /… Read More »