Friday, February 15th, 2008, Press Release
iSentric has recently explore the market in Indonesia together with its partner, Pt.Pratesis in introducing Mobility2u- Mobile Banking Solution.
The seminar was presented by iSentric CEO, Mr. Aaron Lee, mainly touches on the latest mobile banking technology, J2ME and 3G Mobile Banking and its functionalities to Indonesian banks.
The seminar was successful and banks are expressing their interest to implement the Mobile Banking system for the benefits of their bank customers.
Monday, April 7th, 2008, Press Release
Datuk Dr Maximus Ongkili, the new Minister of Science, Technology & innovation, officiated at his first event at the MSC Malaysia-Apicta 2007 awards presentation.
iSentric has won Merit Award under category of Best of Financial Applications with our product “Mobility2u – Mobile Banking Solution”
Wednesday May 21, 2008
WCIT 2008: MDeC takes centre stage
THE Multimedia Development Corporation, guardian of the MSC Malaysia initiative, is making a huge splash at the World Congress on Information Technology 2008.
More than 150 MSC Malaysia-status companies are using the international platform to showcase their products and services on the 100,000 sq ft exhibition floor at the Plenary Hall of the Kuala Lumpur Convention Centre.
Also there are showcases by Pikom Software and Services, organised by the Association of the Computer and Multimedia Industry of Malaysia; PC Fair International; and foreign companies.
More than 50,000 visitors are expected to tour the exhibition floor by the time WCIT 2008 closes on Thursday.
Until then, In.Tech will be highlighting the companies on the exhibition floor.
iSentric Sdn Bhd
This company is showing its Mobile Banking Solution Technology, which is an end-to-end product for integrating mobile banking features into an existing banking system.
Currently utilised by AmBank Group and Al Rajhi bank, the system features an easy to use interface, is compatible with a wide range of mobile phones, and is a flexible product that scales with the bank’s needs, according to the company.
iSentric has also developed a Mobility2U solution that allows businesses to use SMS for marketing and advertisement purposes.
Mobility2U, which can be accessed from the Web, allows businesses to send bulk SMSes at 6,000 SMSes per click and at a speed of 14 messages per second.
Thursday, June 5th, 2008, The Star Online
CYBERJAYA: Paying your bills electronically may just help you save a few trees and plug that hole in your wallet due to rising energy prices.
Governor of Bank Negara Malaysia, Tan Sri Dr Zeti Akthar Aziz said electronic payments via mobile phones or the Internet can be one of the strategic tools to achieve better economic growth.
Zeti said the world is now experiencing an environment where energy and commodity prices are at their record highs as the demand for fossil fuel rises.
She said that while we cannot control the price increase, we can adjust and adapt to these new conditions.
“Increasing efficiency and adopting new business processes need to be explored to reduce costs,” she said in her keynote address at the inaugural Mobile Digital Signature Symposium 2008 organised by the Malaysian Communications and Multimedia Commission (SKMM).
Zeti said electronic payment increases operational efficiency and improves productivity levels.
“It provides the speed and convenience of making payments from anywhere and operating costs are reduced as less resources are used for handling cash and cheques,” she said.
Friday, June 6, 2008, Marketing-Interactive.com
Malaysia - End-to-end mobile banking solutions provider iSentric has been appointed by Al Rajhi Banking & Investment Corporation to provide the bank with its Mobility2U-Mobile Banking Solution services.
iSentric's Mobility2U-Mobile Banking Solution will be deployed across all departments within Al Rajhi Bank in three phases.
Upon completion, Al Rajhi Bank customers will be able to conduct a host of banking transactions and enquiries such as balance enquiry, fund transfer and pre paid top ups via their mobile phones.
With Mobility2U-Mobile Banking Solutions, our customers can not only conduct transactions from the comfort of their own mobile phone, but are guaranteed safe and secure transactions," Ahmed Rehman, CEO of Al Rajhi Bank, said.
Mobility2U-Mobile Banking Solution by iSentric received the SME Award for Best of Innovation Excellence for Mobile Banking Solution by SMI Malaysia and won a Merit for Best of Industrial Applications in the MSC Malaysia APICTA 2007.
Monday, 9th June 2008 - Mobile World
iSentric Sdn. Bhd., a Malaysian end-to-end mobile banking solutions provider, has announced that it has been appointed by Al Rajhi Banking & Investment Corporation Malaysia Berhad to provide the bank with its Mobility2U-Mobile Banking Solution Services. The company was chosen after a worldwide rigorous search for the best of providers.
The Mobility2U-Mobile Banking Solution will be deployed in three phases. Upon its completion, Al Rajhi Bank customers will be able to access their bank accounts and make transactions via their mobile phones without having to make any calls. The service will fully utilise SMS and Java 2 Micro Edition (J2ME) to make transactions like balance enquiry, fund transfer and purchase of pre-paid top-ups.
“With Mobility2U-Mobile Banking Solutions, our customers are able to conduct transactions from the comfort of their own mobile phone and are guaranteed safe and secure transactions as each mobile phone is accorded a mobile pin only made available to the user,” said Al Rajhi Bank CEO, Ahmad Rahman.
Security features include J2ME’s enterprise-level security encryption capability, which will prevent any attempts of fraud. It can also encrypt data flow from mobile devices to telco’s WAP gateways.
Saturday, 2nd August 2008 - The Star Online
PETALING JAYA: Mobile phone users in the Klang Valley may be able to get a taste of mobile number portability (MNP) by September, but the rest of the country will have to wait till end-October.
The original deadline for the implementation of the MNP is mid-August but Malaysian Communications & Multimedia Commission (MCMC) wants to wait to make sure all systems are integrated to avoid any technical glitches when MNP is implemented.
The 5th Business Excellence Awards, held on October 30th at the Sime Darby Convention Centre, was an outstanding success!
The awards, held bi-annually, has grown considerably since its inception in 2002 with this year’s submissions far exceeding our expectations. The MCBC’s Business Excellence Awards were initially designed to recognize the achievements and contributions of successful Canadian and Malaysian businesses and individuals as well as to meet the gap created between “Small Medium Enterprises” (SME) and larger organizations. However, the BEA also plays another important role – that of serving as a channel for identifying potential business opportunities in both Canada and Malaysia.
The Mobile Content Challenge (MCC) is a programme created for students of Institutes of Higher Learning (IHLs) in Malaysia to research and use new technologies to develop real world solutions for mobile telecommunications. This event is jointly organized by Maxis Communication Berhad, the Ministry of Energy, Water & Communications (KTAK) and the Malaysian Communications & Multimedia Commission (SKMM).
Bronze award: v1tix-Universiti Kebangsaan Malaysia (UKM)
Under a new plan backed by the Bill and Melinda Gates Foundation, the former Microsoft CEO's charitable organization, the mobile industry will be given a kickstart to give those in the developing regions their first bank account--on their mobiles.
The Mobile Money for the Unbanked (MMU) scheme, also supported by mobile trade association the GSMA, aims to encourage operators and financial services companies to get mobile banking services out to the people who don't use bank accounts, as well as demonstrating the business case for doing so.
The project will see a $5 million fund set up to inspire the creation of mobile financial services for emerging markets and aims to back 20 banking projects mainly in Africa, Asia and Latin America.
The Bill and Melinda Gates Foundation has given a $12.5 million grant to the MMU scheme.
According to a recent report by analysts Juniper Research, 150 million people will be using mobile banking by 2011. The MMU project hopes to get 20 million people previously without bank accounts using mobile financial services by 2012.
This article was originally published on silicon.com.