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.
The post Malaysian Telcos Unite to Combat Digital Fraud appeared first on RinggitPlus.
