• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Khazanah Nasional Adds SenseTime and Tencent Execs to Board

July 5, 2019

“The two new board members are Tencent Holdings Senior Executive Lau Seng Yee and SenseTime Founder Tang Xiao’ou…”

Khazanah Nasional Adds SenseTime and Tencent Execs to Board

A pair of tech executives with China’s SenseTime and Tencent have joined the board of Khazanah Nasional, a sovereign wealth fund in Malaysia. The appointees are the first representatives of Chinese companies on the Khazanah board, which is chaired by Malaysian Prime Minister Mahathir Mohamad and has roughly $33 billion in assets.

The two new board members are Tencent Holdings Senior Executive Lau Seng Yee and SenseTime Founder Tang Xiao’ou. SenseTime is a facial recognition startup that was recently valued at $4.5 billion, with significant backing from Alibaba and other investors. Tang Xiao’ou is also the head of the Multimedia Lab at the Chinese University of Hong Kong, while SenseTime is currently working with Malaysia’s G3 Global to advance the use of AI in the country.

Lau Seng Yee, meanwhile, is a Malaysian national responsible for Tencent’s marketing and global branding. Tencent is perhaps best known for WeChat, although the company has a diverse portfolio that includes everything from biometric smart car technology to mobile gaming.  

Both appointments reflect the shifting investment interests of the Malaysian government. The state-owned Khazanah has previously backed local companies in finance, healthcare, and telecommunications in an effort to develop a more modern technological infrastructure. The two new board members – both from prominent international tech companies – should further those goals within the country.  

Source: Nikkei Asian Review

(Originally posted on FindBiometrics)

Filed Under: Industry News Tagged With: appointments, Board appointments, Chinese University Multimedia Lab, corporate news, executive appointments, Khazanah Nasional, mobile gaming, SenseTime, smart car technology, Tencent

Related News & Articles

How Close Are We To Smartphone-Based Self-Serve Border Screening?

Cerence Issues First Quarterly Results as Independent Company

DoD Issues $2.8M Contract to Study Biometric Wearables for COVID Detection

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • HID Attains Anti-Spoofing Milestone With Lumidigm Fingerprint Biometrics
  • Video Interview: Learn How Biometrics Are Fighting AI-Enhanced Fraud with Onfido’s Therese Stowell
  • The Path to Biometric Universal Basic Income: Worldcoin Raises $115M in Series C Funding
  • Kenyan Officials Detail Ambitious Digital ID Plan
  • IDEMIA Brings Mobile ID to Missouri

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld