Fintech News Malaysia
Editor's Pick
Grab’s GXBank First Digibank to Receive BNM Approval to Kick Off Operations
GX Bank Berhad (GXBank), the Grab-led digital bank, has been granted approval to begin operations effective 1 September 2023 by
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Latest Stories
AIA Welcomes Former BNM Governor Shamsiah Yunus to Its Board
AIA Group has appointed Shamsiah Binti Mohd Yunus as an independent non-executive director, with effect from 21 September 2023. She
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Wise Becomes First Non-Bank in Malaysia to Offer Apple Pay and Google Pay
Online money transfer service Wise has enabled its Malaysian customers to add its card to Apple Pay or Google Pay
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Beyond Transformation: Stepping Up Digital Differentiation in Banking
Banking leaders agree: banks that want to succeed into the 21st century are already undergoing rapid digital transformation. Digitalisation is
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Malaysia, Indonesia and Thailand Bourses Ink ESG Partnership
Bursa Malaysia, the Indonesia Stock Exchange (IDX), and the Stock Exchange of Thailand (SET) is set to explore setting up
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CTOS IDGuard Prevented RM319 Million in Fraudulent Loans Since 2020
CTOS IDGuard, Malaysia’s national fraud bureau, has flagged RM319 million in potentially fraudulent loan applications since 2020, using GBG’s fraud
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Why Digital Lending is the Next Frontier for This Malaysian Payments Giant
Closing in on 30 years as a groundbreaking payment solutions provider in Southeast Asia, GHL Systems Berhad today can lay
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Dropee and BSN Launch Digital Niaga Programme to Help MSMEs Thrive
Dropee, a business-to-business e-commerce platform, and Bank Simpanan Nasional (BSN) have launched the Digital Niaga programme to aid micro, small,
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Financial Planning, Fintech Synergy Key to Malaysia Economic Resilience, Says SC
The world of finance, like many industries, is undergoing rapid transformation, spurred mainly by technological advancements even in emerging markets.
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HSBC Sets up RM500M Lending Fund for Malaysian Series B Startups and Beyond
HSBC Malaysia has launched a RM500 million lending fund for the local tech-led businesses and emerging startups from Series B
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Navigating the Challenges and Opportunities of Cross-Border Payments in APAC
In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According
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Kenanga Futures’ New Campaign to Make Derivatives Trading More Accessible
Kenanga Futures, a Malaysian listed derivatives broker, is launching a new campaign to build a smart derivatives trading community in
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Cradle Fund and Bursa Malaysia to Empower Local Startups to Go Public
Bursa Malaysia has joined forces with Cradle Fund to build awareness among startups on funding opportunities available in Malaysia, including
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PayNet’s MEEA Spotlights Collaboration, Innovation, Customer-Centricity
On August 16, 2023, Payments Network Malaysia Sdn Bhd (PayNet) hosted the annual Malaysia Excellence in E-Payments Awards (MEEA) to
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Be U by Bank Islam Rolls Out New Visa Debit Card
Bank Islam Malaysia has launched the Be U by Bank Islam Visa Debit Card-i which customers can easily apply for
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SC Revises Guidelines to Allow Fractional Share Trading
The Securities Commission Malaysia (SC) has revised its guidelines to allow stockbroking companies to offer fractional share trading services for
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HSBC Malaysia Enables In-App Investment Account Opening
HSBC Malaysia’s Premier customers can now open an investment account using the mobile app. The service is embedded within the
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Grab’s GXBank First Digibank to Receive BNM Approval to Kick Off Operations
GX Bank Berhad (GXBank), the Grab-led digital bank, has been granted approval to begin operations effective 1 September 2023 by
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TNG Digital Fined RM600,000 for Onboarding Sanctioned Individuals
Bank Negara Malaysia (BNM) announced that it has imposed a RM600,000 penalty on TNG Digital, the owner and operator of
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Xelia Tong Takes the Helm as COO at pitchIN
Equity crowdfunding platform (ECF) pitchIN has named Xelia Tong as it Chief Operating Officer (COO), effective 1 September 2023. In
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Securities Commission Malaysia’s Digital Innovation Fund Backs 3 Fintech Firms
The Securities Commission Malaysia (SC) has announced the first batch of three award recipients for its Digital Innovation Fund (DIGID).
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Accelerating Customer-Centric Digital Transformation in Malaysian Banks
The digital transformation journey of banks, particularly in the Asia-Pacific (APAC) region, has been a hot topic of discussion for
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Adnan Zaylani Ushered in as BNM’s New Deputy Governor
Bank Negara Malaysia (BNM) announced the official appointment of Adnan Zaylani bin Mohamad Zahid as Deputy Governor for a three-year
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LSEG Opens Flagship Office in KL to Support Local Talent, Boost Economy
The London Stock Exchange Group (LSEG) has opened a new flagship office in Kuala Lumpur to support local talent and
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PayNet, Ant Group Enable Tourists to Pay With E-wallets When Travelling in Asia
Payments Network Malaysia (PayNet) and Ant Group have partnered to enable tourists from other Asian countries to pay with their
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Meet the Finalists of the Fintech Frontiers Awards Malaysia 2023
Fintech News Malaysia has announced the finalists for the inaugural Fintech Frontiers Awards Malaysia, with top leaders and startups competing
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Maybank IB Taps Broadridge to Roll Out Securities Borrowing and Lending Platform
Maybank Investment Bank (Maybank IB) has partnered with Broadridge Financial Solutions, a US-based technology solutions provider, to launch a new
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GHL, StanChart Malaysia to Offer Merchants Comprehensive Payment Solutions
Payment solutions provider GHL Systems and Standard Chartered Malaysia have partnered to provide merchants with comprehensive payment solutions. As Standard
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Touch ‘n Go eWallet Offers Personal Data Protection Powered by F-Secure
TNG Digital and Malaysia Digital Economy Corporation (MDEC) launched a campaign called #JagaDataKita powered by global cyber security and privacy
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CTOS Acquires Telco Credit Scoring Firms in Indonesia and Philippines
Credit reporting agency CTOS Digital has acquired 100% of the Philippines-based FinScore and 80% of PT Prime Analytics Indonesia in
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Touch ‘n Go Offers RM5/Month Insurance for Accidents at Parking Lots
Touch ‘n Go Group has rolled out a new personal accident insurance that costs RM5 per month called ParkInsure for
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Meet the 56 Cryptocurrency Exchanges in Malaysia Registered with BNM
Update: As of March 2019, all cryptocurrency exchanges operating in Malaysia needs to be regulated by Securities Commission Malaysia.
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Top 20 Malaysian Fintechs in 2020
It’s been nearly 3 years now since we last highlighted the best fintech startups that Malaysia has to offer. Since
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3 Cryptocurrency Exchanges Granted Conditional Approval from Securities Commission Malaysia
Following the finalisation of the regulatory framework for cryptocurrency exchanges in Malaysia, Securities Commission Malaysia announced today that it has
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Fintech Malaysia Report 2019 — How is Malaysia’s Fintech Scene Doing?
In 2017, we started Fintech News Malaysia with a simple goal — to help shine the spotlight on deserving fintech
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Fintech Malaysia Report 2018 – The State of Play for Fintech Malaysia
Note: We’ve update this report, the 2019 edition of the Fintech Report can be found here Following last year’s
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Alixco Targets Investors from South East Asia and Europe to Widen its Base
Alixco, a P2P financing platform regulated by the Securities Commission of Malaysia announced today that it is opening its platform
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Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)
You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive
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BigPay is The Latest to Join PayNet’s Universal DuitNow QR
BigPay, announced today its participation in the DuitNow eco-system operated by Payments Network Malaysia (PayNet). BigPay users will soon be
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Here Are All The Digital Banking Contenders in Malaysia (So Far)
Editor’s Note: This article was first written on 29th June 2021, was last updated at 11:00 am 5th August 2021
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