https://myxaas.finexusgroup.com/

𝖬𝗒𝖷𝖺𝖺𝖲 𝖨𝗇𝗇𝗈𝗏𝖺𝗍𝗂𝗈𝗇 𝖯𝗅𝖺𝗍𝖿𝗈𝗋𝗆, 1, Jalan Pangkor, Titiwangsa Sentral, Wilayah Persekutuan Kuala Lumpur, Kuala Lumpur (2026)

17/08/2023

If you are in the FinTech or banking industry, you ought to know this 👇🏻

What is False Positive?
→ False Positive in eKYC is when the system wrongly accepts an identity that should have been rejected during verification.

What is False Negative?
→ False Negative in eKYC occurs when the system wrongly rejects an identity that should have been accepted during verification.

What is True Positive?
→ True Positive in eKYC means the system correctly accepts an identity during processing.

What is True Negative?
→ True Negative in eKYC means the system correctly rejects an identity during processing.

What is False Acceptance Rate?
→ False Acceptance Rate (FAR) measures how often a biometric system incorrectly authenticates an unauthorised user.

What is False Rejection Rate?
→ False Rejection Rate (FRR) measures how often a biometric system incorrectly rejects an authorised user.

→Formula of FAR:
[No. of False Positive / (No. of False Positive + No. of True Negative)] x 100

→Formula of FAR:
[No. of False Negatives / (No. of False Negatives + No. of True Positives)] x 100

Use our eKYC for your mobile applications or system to securely onboard your clients, customers and merchants with accurate authentication.

Contact us now.
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres.

15/08/2023

Dear Merchants,

👍🏻 What makes a good selfie?
→ Look into the camera
→ Face in frame
→ Centre your nose in the middle
→ Turn your head to the left slowly
→ Turn your head to the right slowly

👎🏻 What makes a bad selfie of NRIC or Passport?
→ Taking picture out of frame
→ Dark Selfie/Video
→ Selfie does not match IC/Passport picture
→ Wearing glasses

We provide eKYC services.

Come chat with us.

Yours Truly,
Your FinTech Enabler
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres

10/08/2023

If you are in the FinTech or banking industry, you ought to know this.

What is facial recognition?
→ Facial recognition is a biometric software that maps and stores one’s facial features as a faceprint.

Our eKYC software uses advanced algorithms to compare facial images in both selfie video and the photography on the person’s NRIC and Passport.

How our eKYC facial recognition work?
→ Our eKYC system locates and recognises faces within digital images or video frames algorithms to determine the presence and location of facial features.

Crucial facial features include:
- eye positions
- nose shape
- mouth structure
- other distinctive landmarks

What we use facial recognition for:
1. Users for Kayaaku Wallet unlocks app with Face ID technology, which enables unlocking using a faceprint created by the user’s phone camera.
2. Users for Kayaaku Wallet authenticates transaction using a faceprint as well known as ’Selfie Pay’

Other uses of facial recognition technology:
→ Facebook uses facial recognition software to tag individuals in photos
→ Airport Visa overstay identification
→ Law enforcement for comparing mugshots with databases
→ Business security access

Benefits:
* No physical contact required for authentication
* Enhanced security level
* Seamless integration with existing security features
* Improved accuracy of readings over time
* Facilitates automated authentication processes

With our eKYC. your process to authenticate your customers is faster and safer with extra security measures.

Contact us now to secure your customers’ data.
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres.

10/08/2023

Dear Merchants,

What makes a good picture of NRIC or Passport?
✅ Dark background
✅ All four corners in frame
✅ Clear text
✅ No glare

What makes a bad picture of NRIC or Passport?
❌ No back IC image
❌ IC/Passport is blurry
❌ Glare on IC/Passport
❌ Dark IC/Passport Image

We provide eKYC services.

Come chat with us.

Yours Truly,
Your FinTech Enabler
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres

04/08/2023

If you are in the FinTech or banking industry, you ought to know this.

🤔 What is Optical Character Recognition or OCR?

OCR is a technology used in eKYC or electronic Know Your Customer to capture the text characters in your customers’ NRIC and passport

Why is OCR important?
→ OCR enables auto scanning and auto-recognition of text from your customers’ NRIC and passport images

→ After that, OCR would ensure that the captured text from your customers’ NRIC and passport images actually matches your customers’ manually keyed in personal details on your app

These steps are done to authenticate your customer’s identity

How does OCR work?
1. When your customer performs an eKYC, they are required to take a picture of their NRIC and passport on your app
2. Our OCR will then automatically scan and recognise the text characters and positions on the NRIC and passport
3. Our OCR software will compare these extracted details with your customers’ manually keyed-in details to ensure they match

Our OCR have 2 features including
→ Patterns Recognition
→ Advanced Image Preprocessing

After OCR, we also require your eKYC customers to run a liveness test via selfie video.

Come chat with us for eKYC for your application.

Remotely onboard your customers anywhere, anytime.
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres.

04/08/2023

Dear Merchants,

What is eKYC?

eKYC stands for electronic Know Your Customer

It is a process that authenticates your customer's identity for remote onboarding

The first step in eKYC is often called Applicant Identification and Verification or AIV

How does AIV work?

Step 1:
→ Customer enters personal details on app or web

Step 2:
→ Customer take a picture of NRIC or Passport

Step 3:
→ Customer takes a selfie video

We provide eKYC services

Come chat with us.

Yours Truly,
Your FinTech Enabler
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres

04/08/2023

🤔 If you are in the FinTech or banking industry, you ought to know this.

What is Merchant Discount Rate and
Merchant Identification Number (MID)?

What is Merchant Discount Rate or MDR?
→ MDR is the interest rate a card processors charge merchants for processing credit card transactions.

What is Merchant ID Number or MID?
→ MID is a unique identification code given to a merchant by a payment processor to identify the business of the merchant.

→ The MID enables merchants to accept payments to their merchant accounts.

→ The MID also verifies to the card issuer that the merchant's business is legitimate before releasing payment.

Let us look after your interest as an acquirer.

Come be our Merchant or Merchant Recruitment Agent.
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres.

04/08/2023

🤔 If you are in the FinTech or banking industry, you ought to know this.

What is Card-Present and Card-Not-Present?

What is Card Present Transaction?
→ It is a transaction where a cardholder presents their physical payment card to the merchant in person.

→ The merchant uses a Point-of-Sales (POS) device to obtain the card details.

What is Card Not Present Transaction?
→ It is a transaction where a cardholder does not present their physical payment card to merchant in person.

→ The merchant uses an online platform or phone to obtain card details.

In other words.

→ Card Present Transactions happen in brick and mortar stores.
→ Card Not Present Transactions happen in online stores.

Let us look after your interest as an acquirer.

Come be our Merchant or Merchant Recruitment Agent.
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres.

04/08/2023

Dear Merchants,

Bazaar sales falling short?

Question
How many customers actually return for purchase after looking?

We know the answer.

Yes.

Empower your customers to pay you quickly.

With our DuitNow QR, they can purchase right away.

Say goodbye to payment problems.

No cash.
No ATMs around.
No time.

And say hello to Ka-ching!

Come chat with us.

Sincerely,
Your FinTech Enabler
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres

14/07/2023

Dear Merchants,

Are you ready for foreign tourists?

16 million tourists are expected to arrive mostly in Q4 2023.

We can expect an influx of tourists from Singapore, Indonesia and China.

Most came for:
*Holidays (68%)
*Visiting friends and families (10%)
*Shopping (9%)

There are 3 peak seasons, one of it is now.

→ Chinese New Year / Spring Break
→ Summer Break
→ Winter Break / Year End

So, ready for your foreign customers now?

Our POS device accepts:
→ Visa
→ Mastercard
→ Alipay
→ UnionPay
→ DuitNow

With DuitNow QR, your customers from Singapore, Thailand and Indonesia can pay you with their local eWallets.

Yours Truly,
Your FinTech Enabler
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres

14/07/2023

If you are in the FinTech or banking industry, you ought to know this.

🤔 What I need to know as a merchant?

You need to know how your money flows.

Here is how it works.

Let say you started a merchant account with us.

Your customer pays you on a POS device.

We authenticate that the customer has enough funds in her issuing account..

The transaction passes through.

→ But your batch would still need to be closed on your POS device.

Only after closure, your funds will be settled and debited into your bank account.

→ So, do check with your acquirer whether you need to auto or manually close.

Let us look after your interest as an acquirer.

Come be our Merchant or Merchant Recruitment Agent.
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres.

14/07/2023

Dear Merchants,

🤔 Cashless payment too slow for you?

Especially in the F&B industry.

You need to do everything all at once.

- Take orders
- Prepare food
- Deliver orders

That is why we offer you our

QR Soundbox payment.

So you can hear the sound of success.

“You have received RM70.70.”

Get notified for every successful transaction from your Soundbox.

So that you can serve your customers faster and better.

Without missing any payment.

Come chat with us.

Sincerely,
Your FinTech Enabler
✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨

Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres

𝖬𝗒𝖷𝖺𝖺𝖲 𝖨𝗇𝗇𝗈𝗏𝖺𝗍𝗂𝗈𝗇 𝖯𝗅𝖺𝗍𝖿𝗈𝗋𝗆

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