Malaysian Telcos Unite to Combat Digital Fraud
Author Avatar

In a significant move to strengthen digital security, major Malaysian telecommunication companies have announced a collaboration to fight fraud and digital identity theft. CelcomDigi Bhd, Maxis Bhd, U Mobile Sdn Bhd, Telekom Malaysia Bhd, and YTL Communications Sdn Bhd will provide banks and online retailers with access to a federated number verification system . This initiative, unveiled at the Digital Nation Summit, Kuala Lumpur ASEAN Edition, is part of the global GSMA Open Gateway programme.

A New Approach to Secure Digital Identity

The number verification system allows banks and approved online companies  to verify a mobile user’s identity against real-time network data. The system  aims to protect Malaysians from scams while providing a smooth digital experience. The  gateway is designed to help developers create services that work seamlessly with every participating mobile network operator, providing wide market coverage. 

Industry Collaboration for a Safer Digital Ecosystem

Executives from all five telecommunications companies have expressed strong support for the joint effort, highlighting the importance of industry-wide cooperation to build digital trust and security. 

According to Julian Gorman, head of Asia-Pacific at GSMA, the initiative is part of a global programme involving 79 operator groups, covering 291 networks and nearly 80% of all mobile connections worldwide. This collaborative effort demonstrates a shared commitment to creating a safer and more reliable digital environment for all Malaysians.

Follow us on our official WhatsApp channel for the latest money tips and updates.

0 0 votes
Article Rating
SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Most Viewed Articles
Post Image
Personal Finance News
Maybank Offers 5% Returns on MAE Wallet Transfers For Its 5th Anniversary
Samuel Chua
- 29th October 2025
Maybank has launched a limited-time campaign to celebrate the fifth anniversary of its MAE app, offering customers 5% […]
Post Image
Personal Finance News
DOSM: Household Income And Spending Rise In 2024, Cost Pressures Persist
Samuel Chua
- 9th October 2025
Malaysia’s average household income and spending continued to rise in 2024, reflecting stronger earnings and economic recovery across […]
Post Image
Personal Finance News
DOSM: Malaysia’s Poverty Rate Falls to 5.1% in 2024, Income Inequality Narrows Further
Samuel Chua
- 10th October 2025
Malaysia’s poverty rate continued to decline in 2024, with national data showing improvements across urban and rural households […]
Post Image
Personal Finance News
Govt Announces RON95 Subsidy Reimbursement For Companies Awaiting Fleet Cards
Eloise Lau
- 29th September 2025
The government has introduced a temporary cash reimbursement facility for public and goods transport companies that are part […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image