AUSTRALIA – MALAYSIA TECH EXCHANGE (AMTX)
ABOUT AUSTRALIA – MALAYSIA TECH EXCHANGE (AMTX)
In partnership with Australian Trade and Investment Commission (Austrade), the AMTX was introduced to drive digital collaboration among tech companies from both nations, facilitate and create pathways for bilateral trade and investment in the digital economy, provide platforms and avenues for collaboration and innovation in the digital economy reducing digital trade barriers and promote consistent and open digital trade rules in the region.
This effort is part of the Comprehensive Strategic Partnership (CSP) announced in January 2021. The CSP is underpinned by three areas of collaboration: economic prosperity; society and technology; and defence and regional security.
The AMTX is now open for registration & we encourage all tech companies, corporates and partners from both countries to take part in this opportunity today!
OBJECTIVE & OUTCOMES
Expanding Tech Ecosystem
Unite and harness the strengths of tech ecosystem in Malaysia and Australia.
Forging Digitally Powered Businesses
Discover new opportunities and create meaningful partnerships between corporations and tech solution providers from Australia and Malaysia.
Fostering Meaningful Connections
Connect with the movers and shakers of tech industry and forming a strong regional network.
JOIN THE CONVERSATION
Register your interest to join the conversation and get early access to our programmes and latest events.
6 May 2021
Australia – Malaysia Tech Exchange (AMTX): Introduction
AMTX is a collaborative effort between MDEC and Austrade to provide pathways for innovative tech companies and build closer ties for digital ecosystems in both countries. Join us for a virtual launch event and know more about the programmes that we have lined up for 2021!
GAIN Series – Australia
GAIN Series is an exclusive market access programme organised by MDEC for potential Malaysian tech companies to go global. Through this programme, Malaysian tech companies can gather valuable market insight, discover new opportunities and acquire relevant knowledge via targeted workshops , information-sharing sessions and networking events. Please register your interest and we will notify you once the date and other details is confirmed.
Aerodyne is a DT3 (Drone Technology, Data Technology & Digital Transformation) enterprise solutions provider, leading the global tech curve in the use of drone data and AI-powered analytics to resolve complex industrial challenges, enabling organisations to rapidly scale, digitally transform, operate optimally and increase productivity.
Success Story / Case Study
Aerodyne Group and Meat & Livestock Australia (MLA) were engaged as partners in 2018 to carry out a pioneering study into the role of autonomous drones and sensors within the Meat & Livestock Industry.
The partnership catalyses Aerodyne’s award-winning innovative drone-based enterprise solutions with the industry insight of MLA, a recognised leader in delivering world-class research, development and marketing outcomes for their stakeholders.
The two-year framework in Carwoola, Canberra was executed through innovative study to develop drone-based and automated solutions for the management of livestock and resources. It looked at the role of automation and value-chain technologies in supporting livestock health, crop management, farm productivity and real-time weather sensing.
Australia is an ideal testing ground to develop new systems and build on the lessons that Aerodyne have learned from their extensive experience in providing commercial drone solutions.
The collaboration has led to the development of iLAMS (intelligent livestock and asset management system) which propels the region into the age of industrial automation.
Established in 2005, LGMS has since built a reputation for integrity, values and best practices by providing world-class professional cybersecurity services to client worldwide. With the vision to be the leading Cyber Security Professional Services Provider in the Asia Pacific, LGMS is certified with various industry standards and accredited by PCI SSC as the official global Approved Scanning Vendor (ASV) and Qualified Security Assessor (QSA).
LGMS also cited by IDC as one of the key players in the 2019 Asia Pacific Internet of Things (IoT) Penetration Testing Report.
LGMS core professional services covering specialized Penetration Testing, Consulting, Certifications, Computer Crime Investigation and Digital Forensic.
Success Story / Case Study
Partnering with one of the largest online commerce cloud operators in the world – Alibaba Cloud Inc, LGMS professional penetration testing and various advanced services are listed exclusively as the Go-To cybersecurity services to Alibaba Cloud client worldwide, and this has led to several successful opportunities and engagement in the Australia market, including one of the world’s largest bank, and a major financial services managed services provider.
With our extensive experience in cyber security services, along with our highly competitive rates for professional world-class services, LGMS has proven that we have the capabilities to successfully meet the Australian market’s demand and requirements.
MoneyMatch is an award winning digital remittance platform that has successfully executed over MYR1.9 Billion in transactions & increasing, covering cross border trade payments and individual remittances with presence in Malaysia, Brunei & more to come!MoneyMatch registered under Australia’s financial regulator, AUSTRAC as a remittance service provider.
Success Story / Case Study
MoneyMatch successfully implemented eKYC (electronic know your customer onboarding technology) via MoneyMatch app to enable branchless and seamless customer experience for the Australian market in 2020. We help individuals & businesses make international remittances digitally, with transparent costs, & conveniently. Currently we only offer individual remittance and looking to cover cross border trade payment for Australian based businesses next.
Being able to charge a fixed fee of only $3 to most transactions, we provide our customers with transparent transfer fees & bank beating rates to save more when remitting funds internationally. Powered by Ripple’s blockchain technology, our transactions’ costs are lowered even further & reaches customers’ beneficiaries within hours. Helping Australians & expats send money to their loved ones faster!
MoneyMatch is strictly regulated by AUSTRAC ensuring that our policies are drafted according to the strictest adherence to local regulations ensuring the safety of everyone involved. Our security measures include bank level anti phishing login features as well as a highly secured verification procedure. We take our customers’ data privacy seriously and it remains a top priority as per Privacy Act and Australian Privacy Principles.
Founded in 2012, Soft Space is a leading fintech player in the APAC region headquartered in Kuala Lumpur, Malaysia. With over 24 financial institutions in 10 countries, Soft Space’s payment solutions simplifies the existing financial legacy systems and creates value-added services to help businesses grow. Its recent Tap-to-Phone solution is a world’s first to support PIN verification, a gamechanger to the payment landscape that allows NFC Android smartphones to support contactless card payments.
In 2020, Soft Space is recognised as one of the fastest growing fintech companies in Malaysia by IDC Financial Insight Fintech Fast 101 List.
Success Story / Case Study
With the support of MDEC, Soft Space has always been pushing the boundaries of innovation and is developing new use cases for its technologies, especially for contactless credit card based on its flagship Tap-to-Phone technology, “Fasstap” aimed at going beyond payments.
One new exciting area it is entering into is to use Fasstap to securely process credit and debit card information for transit validation. Collaborating with digital identity specialist Idemia and Commonwealth Bank of Australia (CBA), Fasstap will be deployed with the Transport for New South Wales (TfNSW) to validate contactless payment fares using off-the-shelf, consumer-grade devices.
Going beyond its payment capabilities, Fasstap has been successfully integrated with the TfNSW’s ORPA validator, a mobile application used to check for ticketing compliance. Transit systems in New South Wales are based on an honour system. This means that passengers are required to honestly pay their fare on any mode of transport they use. As altruistic as that sounds, some do not end up paying and TfNSW ends up losing huge revenue as a result.