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CTOS and iBilik.com collaborate to enhance property rental market

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Partnership provides much-needed extra security for tenants and landlords iBilik’s IoT enabled rental management system becomes even more seamless CTOS Data Systems Sdn Bhd, the wholly owned subsidiary of CTOS Digital Bhd, recently signed a Memorandum of Understanding (MoU) with iBilik.com, a Malaysian online accommodation provider for room rental, homestays and short term rentals.

platform such as CTOS eKYC digital onboarding solution, CTOS reports and CTOS tenant screening.

“Initiating change through big data and digital solutions is the mantra of CTOS Digital,” explained Erick Hamburger, Group CEO of CTOS Digital Bhd. “This partnership provides a much-needed extra security for tenants and landlords alike. From a greater perspective, this also allows consumers a new route to build a credit profile, which will reduce the number of Malaysians who struggle to obtain credit from financial institutions due to a lack of credit history.

Recent news reports have shown that scams involving illegitimate properties for rent are on the rise, leading to landlords becoming reticent to let out their properties for fear of non-payment or damage by rogue tenants.

 

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Source: DNewsAsia - 🏆 23. / 51 Read more »