A groundbreaking global survey, Public Trust in Tax 2024, reveals that while most taxpayers believe in the principle of paying taxes as a contribution to society, trust in how governments utilise tax revenues remains low. Conducted by the Association of Chartered Certified Accountants (ACCA), the International Federation of Accountants (IFAC), and the Organisation for Economic Co-operation and Development (OECD), the survey gathered responses from over 10,000 individuals in 26 countries, including Malaysia. 

The festive shopping season is well underway. Whereas once cash was king, now more shoppers than ever use their mobile phone’s electronic wallet as a contactless payment system when buying items, replacing credit cards or electronic ticket smart cards.  

Maybank today announced that it has launched a first-in-market counterfraud security feature on the MAE App called Money Lock, which allows customers to lock funds in the savings or current accounts of their choice from being digitally accessed, keeping the funds safe from online scammers. With this added layer of security, customers can enjoy the benefits of online banking without compromising their financial peace of mind.