Thriving E-commerce Means Increased Fraud Exposure
Results from Experian’s Digital Consumer Insights 2018 report show that the demand for online convenience is linked to a heightened threat of fraud, with one in five consumers already falling victim.
As organisations and consumers increasingly interact over digital channels, both parties must find ways to establish mutual trust. Based on insights from almost 6,000 consumers and 590 businesses across Asia-Pacific (APAC), Experian’s Global Identity and Fraud Report APAC edition highlights that trusted online relationships are based on businesses providing both a secure environment and seamless consumer experiences. 501 consumers and 51 businesses from Malaysia participated in the study.
Experian, the world leader in information services, today announced that it has powered over 4.8 billion credit offers since 2010 to the unbanked and underserved communities in Southeast Asia. Globally, that number has hit 8.1 billion. Through its proprietary technology, Experian leverages on telco subscribers’ usage and behavioural data to create financial identities for individuals without formal credit profiles, accelerating financial inclusion in Southeast Asia and the rest of the world.
Experian expands its Experian X Labs, an innovation facility addressing the region’s financial inclusion challenges
Telenor Myanmar today announced the partnership with Experian, the world leader in information services, to provide affordable, accessible and relevant financial products to Myanmar’s unbanked individuals, households and small businesses.
Experian, the world leader in information services, is leading a Series B follow-on investment in Jirnexu. Headquartered in Kuala Lumpur, Jirnexu is one of the successful FinTech pioneers in Southeast Asia, operating RinggitPlus.com, Malaysia's leading comparison website for financial products such as credit cards, loans and insurance products. This investment and injection of Experian’s technology will enable RinggitPlus.com to provide consumers with tailored experiences, by matching each consumer to the financial institutions and products that are right for them. Consumers will enjoy enhanced access to financial information, better and more personalised user experience as well as fairer access to credit.
Experian, the world leader in information services, has led an over-subscribed US$28 million Series C investment in C88 Financial Technologies Group (C88).
Nearly 70 percent of the credit offers are being generated across Asia
Results from Experian’s Digital Consumer Insights 2018 report show that the demand for online convenience is linked to a heightened threat of fraud, with one in five consumers already falling victim.
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