Photo credit: Mastercard
Mastercard has opened a data and services (D&S) hub in Malaysia, which will be focused on supporting the firm’s clients in Asia Pacific.
The new hub will provide cybersecurity, credit risk, and data analytics services to help scale clients’ businesses. According to Mastercard, the hub aims to support both private and public organizations to “make more data-driven decisions and optimize performance and profitability.”
The payments firm’s D&S experts work with nearly 4,000 clients in over 120 countries, providing solutions for a range of services such as loyalty programs and product prototypes.
See also: Malaysia’s Islamic fintech scene: fool’s gold?
Recently, Malaysia had officially linked QR payments between it and Indonesia as well as Singapore. This enabled participating merchants to accept QR payments through Malaysia’s DuitNow, connecting with QRIS in Indonesia and NETS for Singapore.
Note: This article was written with the help of AI. Don’t worry, humans were still involved in producing this story.
Editing by Lorenzo Kyle Subido
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