Fintech News Malaysia
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Kiplepay Cautions Users on Potential Data Breach Due to iPay88’s Incident
Kiplepay, an e-wallet service provider and a wholly-owned subsidiary of Green Packet, had informed its Kiple Visa Prepaid Card users
Read MoreMaybank Appoints Dr Siew Chan Cheong as New Group Chief Strategy Officer
Maybank announced that it has appointed Dr Siew Chan Cheong as its Group Chief Strategy Officer, effective 15 August 2022.
Read MoreTouch ‘n Go Launches Digital Investment Platform GoInvest
Touch ‘n Go Group has launched GOinvest, its proprietary digital investment platform, which can be accessed through Touch ‘n Go
Read MoreKPMG Partners With FAOM to Catalyse the Growth of the Malaysian Fintech Sector
KPMG in Malaysia and Fintech Association of Malaysia (FAOM) signed a Memorandum of Understanding (MoU) with the aim to catalyse
Read MoreBank Islam Partners With UK Islamic Fintech Kestrl to Expand Be U’s Personalised Solutions
Bank Islam Malaysia Bhd has chosen Kestrl, a UK based Islamic Fintech that offers personal finance solutions to Muslims, to
Read MoreBNM Says iPay88’s Data Breach Does Not Involve Banks’ Systems Vulnerabilities
Bank Negara Malaysia (BNM) said in a statement that forensic investigations are still ongoing with regard to the payment gateway provider
Read MoreBanks to Heighten Cybersecurity Countermeasures After iPay88’s Breach
Malaysia’s iPay88 revealed in a statement that it had experienced a cybersecurity incident where card data may have been potentially
Read MoreGoogle Cloud to Set Up Infrastructure in Malaysia as Part of Massive Expansion Plan
Google Cloud announced that it plans to expand to Malaysia to meet growing demand for cloud services in Asia Pacific.
Read MoreTNG E-Wallet Users Can Refuel at Shell With Contactless RFID Payments
Touch ‘n Go Group and Shell Malaysia has launched a new cashless experience that enables customers to pay for fuels
Read MoreGary Yeoh Joins Atome Malaysia as GM After a Short Stint at Fave
Buy now, pay later (BNPL) platform Atome announced the appointment of Gary Yeoh as its General Manager. With over 20
Read MoreApple Pay Makes Its Debut in Malaysia
Apple announced that its customers in Malaysia can now use Apple Pay with their iPhone, Apple Watch, iPad, and Mac.
Read MoreMOF, BNM, SC Task Force Seeks Feedback for BNPL Regulation
The Consumer Credit Oversight Board Task Force today issued the Consumer Credit Act consultation paper, the new act seeks to
Read MoreBigPay Adds New Remittance Corridors in 38 Countries Across the UK and Europe
BigPay, a Capital A venture company, announced that it has added 38 new countries to its international remittance services. This
Read MoreRise of Super-Apps Puts Pressure on Incumbents
In Asia, bigtechs and new digital banking challengers are rapidly gaining ground, forcing incumbent banks to rethink their business strategy
Read MoreSC Invites Feedback on Tech Risk Management Framework for Capital Markets
The Securities Commission Malaysia (SC) has published a consultation paper and is seeking the public’s feedback on a proposed regulatory
Read MoreBank Islam Selects Cloud Provider AWS to Power Its “Be U” Digital Bank
Bank Islam has selected Amazon Web Services (AWS), an Amazon.com company, as its preferred cloud provider to power its Be
Read MoreRazer Merchant Services Partners Atome to Offer Its Merchants BNPL Acceptance
Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has partnered with Singaporean buy now, pay later (BNPL) platform
Read More4 Ways Alternative Data Is Improving Fintech Companies in APAC
Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging
Read MoreCIMB Partners With Fave to Offer BNPL Services to Its Over 8 Million Cardholders
CIMB Bank has partnered with Southeast Asian payments platform Fave to offer buy now, pay later (BNPL) services to its
Read MoreRHB Expands Its Mobile ATM Services to Push Financial Inclusion in Sarawak
RHB Banking Group has launched the second phase of its mobile Automated Teller Machine (RHB Mobile ATM) service to drive
Read MoreTNG Digital Raises RM750 Million From Lazada and Touch ‘n Go
TNG Digital, the owner and operator of Touch ‘n Go eWallet, has raised RM 750 million during its latest round
Read MoreBNPL Platform Ablr Has Gone Live in Malaysia
Ablr, a Buy Now Pay Later (BNPL) platform, announced that it has gone live in Malaysia. The firm currently has
Read MoreDigital Transformation: Ditching the “Build vs. Buy” Mentality for a Hybrid Approach
Banks embarking on a digital transformation journey face the tough dilemma of having to choose between building platform components in-house
Read MoreAl Rajhi Malaysia Selects Feedzai to Bolster Security for Its Digital Bank
Al Rajhi Bank Malaysia (ARBM) has partnered with risk management platform Feedzai to integrate the latter’s RiskOps solution onto its
Read MoreFintech Report 2022: Malaysia Charts a New Path for Fintech Growth
In Malaysia, regulators and policymakers are actively supporting the fintech industry by establishing a conducive regulatory environment, and through public–private
Read MorePayment Managers Are Redefining Their Strategic Priorities for 2022
It is evident that digital acceleration is creating a new payments paradigm as corporate non-cash payments are forecasted to reach
Read MoreTouch ‘n Go Partners With PayNet to Launch Cashless Initiative in Kedah
Touch ‘n Go (TNG) Group has partnered with the Payment Network Malaysia (PayNet) to launch the ‘Mai Kita Cashless’ campaign
Read MoreMalaysian Insurtech VSure Expands Its Footprint to the UK
Malaysian digital insurer VSure.life announced its expansion to the United Kingdom to make it affordable for small businesses to access
Read MoreBaaS Needs to Double Down on Cross-Industry Partnerships to Fuel Growth
Banking as a Service (BaaS) is seen as one of the biggest opportunities in financial services and is experiencing rapid
Read MoreHong Leong Partners PayNet to Turn Sekinchan Into the First Cashless Village
Hong Leong Bank (HLB) has formed a partnership with Payments Network Malaysia (PayNet) to roll out its first ‘Project Cashless
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