CTOS, GB Gold Sign MoU To Strengthen Digital Trust

KUALA LUMPUR, Aug 29 (Bernama) — CTOS Data Systems, Malaysia’s leading credit reporting agency and digital solutions provider, has entered into a strategic memorandum of understanding (MoU) with GB Gold Sdn Bhd to reinforce digital trust and strengthen customer protection on the GB Gold Platform.

The partnership will see the integration of CTOS eKYC and Group-IB (GIB)’s global anti-fraud technology into GB Gold’s user journey.

The MoU was signed at a formal ceremony at The Ruma Hotel & Residences, attended by representatives from both organisations, including CTOS Digital Bhd chief operating officer Lee Shin Mei and GB Gold Sdn Bhd chief executive officer Shahfizzam Moideen. 

With this collaboration, GB Gold users will benefit from enhanced digital identity verification and fraud detection mechanisms, providing a more secure, seamless onboarding and transaction experience.

“At CTOS, we are committed to enabling digital platforms to build trust with their users. This partnership with GB Gold reflects our continued mission to deliver regulatory-grade eKYC and cybersecurity solutions that protect both businesses and end users in today’s fast-evolving digital environment,” Lee said in a statement today.

Trust is everything when it comes to financial platforms, said Shahfizzam.

“By integrating CTOS’ eKYC and GIB’s anti-fraud solutions, the company is reinforcing its promise to safeguard customers and create a secure, transparent gold investment experience,” he said.

The collaboration also aligns with broader national efforts to support digital financial inclusion, cybersecurity awareness, and responsible investing.

— BERNAMA

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