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Merchantrade Acquires Valyou From Telenor Group

Merchantrade, a digital money services business operator and e-money issuer, has acquired a 100% stake in Valyou from the Norwegian

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Banks Should Turn to Using AI in eKYC in the Digital Arms Race

There’s an old joke on how on the internet nobody knows that you’re a dog, which speaks to how the

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Valyou Launches Blockchain-Based Remittance Services in Bangladesh

Valyou, Malaysian digital remittance provider, announced the launch of blockchain-based remittance services in Bangladesh in partnership with Standard Chartered and

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MyCash Money Picks Onfido to Power its eKYC

Onfido bags MyCash Money as its latest customer in the region, providing the company identity verification and authentication services. Besides

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Hong Leong Rolls Out Smartphone Payment Terminals Powered by PayNet & Soft Space

Hong Leong Bank announced today the roll out of its “Hong Leong Tap on Phone” solution, which enables Android mobile

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Huawei Developer Conference 2020 to Discuss HarmonyOS, HMS Core 5.0, EMUI 11, Fintech, and More

From September 10 to 12, 2020, Huawei will be hosting its annual developer conference, a multi-day event expected to bring

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TM Selects CapBay as Fintech Partner for Vendor Financing Programme

CapBay, a P2P supply chain financing platform, became the first and only fintech selected to be part of Telekom Malaysia’s

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Boost Expands Digital Insurance Services Following US$70M Investment from Great Eastern

Axiata Digital’s e-wallet Boost has introduced a suite of affordable and accessible micro insurance/takaful coverage under ‘Boost Protect’. This new

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Fi Life Introduces New 10 to 30-Year Level Term Life Insurance Policies

Fi Life announced the expansion of its existing 20-year level term life insurance policy to 10-year, 15-year, 25-year and 30-year

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Boost Sees 140% Spike in Gross Transaction Value

E-wallet operator Boost said in a media statement that Malaysian consumers have embraced a digital lifestyle and made contactless payments

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BigPay Sees a 469% Spike in Remittance Transaction Volume

AirAsia Group is increasingly shifting its focus from aviation to its digital businesses as pandemic continues to batter its revenue.

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Banks Must Gear Up for Upcoming Data-Intensive Era, Experts Say

Changing customer expectations, the rise of big techs, and COVID-19 are accelerating banks’ digital transformation, forcing them to upgrade their

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Loan Origination Software Firm JurisTech Acquires iMoney

JurisTech, today announced its acquisition of iMoney. JurisTech is a leading Malaysian based company, specialising in enterprise-class software solutions for

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GHL Joins UNCDF’s i3 Program to Design Affordable Financial Solutions for SMEs

GHL Systems Berhad (GHL) and the United Nations Capital Development Fund (UNCDF) today announced a new partnership through the i3

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Securities Commission Inks Fintech Cooperation Agreement With OJK Indonesia

The Securities Commission Malaysia (SC) signed a fintech cooperation agreement with Indonesia’s Otoritas Jasa Keuangan (OJK) to establish a collaborative

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5 Reasons Fintech Startups Should Join BNM & MDEC’s Fintech Booster

Earlier in August, Bank Negara Malaysia (BNM) together with the Malaysia Digital Economy Development Corporation (MDEC) jointly launched their fintech

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DBS Ex-Chief Innovation Officer Neal Cross Recounts His Journey from Banker to Entrepreneur

In just two years of commercial operation, Australian wealthtech startup PictureWealth has grown to more than AUD$2 billion in funds

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Kenanga Capital Islamic Partners CapBay To Digitise Factoring Solution

Kenanga Investment Bank Berhad’s (“KIBB”) subsidiary, Kenanga Capital Islamic Sdn Bhd (KCI) has partnered with digital supply chain financing company,

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BNM Director Suhaimi Ali Explains Fintech Regulation in Malaysia

When it comes to fintech regulation, regulators in Malaysia have taken an activity-based approach that considers the sorts of businesses

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World’s Leading Online Broker Reshape the IPO Industry

Despite a challenging business environment associated with the global COVID-19 pandemic, there is still an appreciable appetite for Chinese technology-driven

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Fundaztic Partners With Lazada For Zero-Interest Financing for E-commerce Businesses

Fundaztic, a peer-to-peer financing (P2P) platform, partners with Lazada to deliver an interest-free financing program for Lazada sellers under the

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HSBC Launches Voice Biometric Technology For Customers in Malaysia

HSBC launched its Voice ID solution for customers in Malaysia, stating that it is the first country in Southeast Asia

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Hong Leong Unveils Digital Banking App Targeted at Parents and Their Children

Following its recent upgraded consumer digital banking app, HLB Connect, Hong Leong Bank today unveils a digital banking platform that

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Finology Powers RHB’s Instant Mortgage Loan Approval

RHB announced today a partnership with  Finology to enable instant online approval for mortgage loan applications through Loanplus. Developed by

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MDEC & Bank Negara Malaysia Launches Fintech Capacity Building Program

The Malaysia Digital Economy Corporation (MDEC) together with Bank Negara Malaysia today launched the Fintech Booster Programme. The program was

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RHB Launches AI-Powered SME Financing App

RHB announced today the launch of RHB Financing (SME) Mobile App, which they described as an “AI-powered” and “customer self-initiated”

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Bursa Malaysia Trialing Blockchain Powered Bonds Marketplace with Singapore’s Hashtacs

Bursa Malaysia is said to be partnering with Hashstacs to co-develop a blockchain Proof-of-Concept project dubbed “Project Harbour” for its

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Fasspay’s White Label E-Wallet Solution Receives BNM Approval for RM 10,000 Limit

Fasspay an e-money license holder regulated by Bank Negara Malaysia, has received the regulator’s approval to support a set of

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MDEC Chairman Stresses Need for Comprehensive Fintech Ecosystem in Malaysia

For fintech to thrive and reach its full potential, Malaysia must establish a conducive and comprehensive fintech ecosystem where all

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Huawei Aims to Help Banks Unlock Data-Driven Intelligent Finance at Its Virtual Summit

Huawei announced that it will be hosting its APAC Financial Industry Storage Summit 2020 on the 13th August 2020. The

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