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BUSINESSES can ride on MyKad and the iVest Public Key Infrastructure (PKI) technology for a cost-effective way to introduce or expand secure services and transactions online, said Lee Hooi Teck, director of iVest, a research and development unit in Mimos Bhd.
MALAYSIA, with a 32.5% compound annual growth rate (CAGR) for smart cards from 2001 to 2005 is expected to have about 13 million smart cards out by 2005, according to Jafizwaty Ishahak, a Smart Card and Auto ID regional research analyst with Frost amp; Sullivan Asia Pacific.
iVest of Mimos Bhd, an Internet security Public-Key Infrastructure (PKI) solutions provider, will be packaged as a separate entity under Mimos#039; restructuring plans, targeted to be completed early this year.
THE Alliance banking group has signed a contract with Global Innovative Management Partners-ACT Sdn Bhd to upgrade its banking system through the latest version of the Silverlake Integrated Banking System (SIBS), its chief executive officer Ng Siek Chuan said.