Fintech News Malaysia

EDITOR’S PICK

 

BigPay Announces the Launch of Remittance Services

BigPay, Air Asia Group’s fintech focused company announced today the launch of their international remittance service, which enables users to

Read More

70% of Malaysians Prefer to Visit Shops that Accept Digital Payments, Visa Study Says

Digital payments are becoming the payment method of choice in Malaysia, with 70 percent of consumers preferring to visit merchants

Read More

Public Bank Launches New Mobile Banking App With DuitNow’s Universal QR

Public Bank released yesterday its new mobile banking app named PB Engage MY on Google Playstore and Apple App Store.

Read More

CoinGecko Releases “Trust Score 2.0” to Improve Transparency Amongst Crypto Exchanges

Building upon the success of Trust Score, CoinGecko today announced Trust Score 2.0, which will bring about a more robust

Read More

Malaysian Banks Don’t Spend Enough on Tech — At Risk of Disrupted by Virtual Banks

A recent report by S&P Global outlining the future outlook for Malaysia’s financial services sector highlighted that Malaysian banks are

Read More

Why eKYC is Key To Unlocking Malaysia’s Digital Banking Revolution

  I’ve moderated and sat in a fair number of fintech panel discussions over the years, a question that is

Read More

kiplePark to Enable Cashless Parking Using Only Your Car Plate Number

kiplePark, a wholly-owned brand of Green Packet Berhad, announced the launch of their license plate recognition (LPR) technology which they

Read More

XOX Mobile To Launch Mastercard Enabled E-Wallet Soon

XOX Mobile an MNVO operator is the latest in the long line of companies joining the e-wallet game in Malaysia.

Read More

JomParking Enables GrabPay as Payment Option

Jom Parking a startup that enables digital payments for on-street parking has announced that their app now supports GrabPay as

Read More

Labuan Grants China Construction Bank Approval to Conduct Digital Banking Activities

Labuan Financial Services Authority (Labuan FSA) has granted its approval for China Construction Bank Corporation Labuan Branch (CCBL) to conduct

Read More

P2P Financing Platform Fundaztic Launches Capital Protection Scheme

Fundaztic a peer to peer (P2P) financing platform approved by the Securities Commission Malaysia announced today the introduction of Principal

Read More

Selangor Launches All-in-One Digital Payments Platform CEpat

The Selangor government announced today the launch of a digital payments platform dubbed Citizens Electronic Payments Platform (CEpat). CEpat is intended

Read More

MyPay Launches its Government Digital Payments Platform

Home-grown tech company Dapat Vista announced the official launch of its government e-payments service, MyPay. They first announced their foray

Read More

ASEAN Needs to Address Several Gaps to Be at the Forefront of Fintech

Experts in both the public and private sectors all agreed that ASEAN stands to be at the forefront of the

Read More

CIMB’s Virtual Bank in Philippines Secures Half a Million Customers in 6 Months

CIMB announced that its virtual bank that was launched earlier this year have secured 500,000 customers, approximately six months after

Read More

GHL to Offer Lending Services in Malaysia and Thailand

GHL announced today that they have obtained their operating licences from the respective regulators in Malaysia and Thailand to commence

Read More

Why Australia is a Great Destination for Malaysian Fintech Startups

When it comes to expansion plans for Malaysian fintech startups, the usual suspects are normally our ASEAN neighbors like Indonesia,

Read More

BNM Issues e-KYC Exposure Draft for Money Changers

Following the introduction of e-KYC guidelines for remittance companies in 2017, Bank Negara Malaysia issued an exposure draft which expands

Read More

CIMB and Axiata Teams up To Offer Financing Solutions to 700,000 SMEs

CIMB Group has entered into a partnership with Axiata Digital Capital to help 700,000 SME customers in Malaysia and Indonesia

Read More

Grab Malaysia Launches Daily Insurance for E-Hailing Drivers

Grab Malaysia unveiled a usage-based motor insurance and takaful  for e-hailing driver in Malaysia, Grab Daily Insurance (GDI). Designed in

Read More

TNG Digital Appoints Ex-Malaysia Airlines Veteran as Its New CEO

TNG Digital a Malaysian e-wallet formed as a result of a joint-venture between  Touch ‘n Go and Ant Financial Group,

Read More

BNM: E-Wallets Need to Move Beyond Cashbacks to Be Sustainable

During his keynote speech at the “Malaysian E-Payments Excellence Awards” Assistant Governor Adnan Zaylani Mohamad Zahid outlined the state of

Read More

Public Bank First to Adopt DuitNow QR

DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF). ICTF mandates that PayNet, as the country’s

Read More

Valyou to Enable In-App Remittance to Western Union Agent Locations

Valyou, fintech subsidiary of Telenor group announced today that its e-wallet has integrated with Western Union to enable its customers

Read More

BSN Teams up With Sarawak Pay to Serve Rural Communities in Sarawak

Bank Simpanan Nasional announced today its collaboration with Sarawak Multimedia Authority during the launch of Sarawak Pay, an e-wallet application

Read More

GHL to Offer Installment Payment Solution to 2,000 of Its Online Merchants

GHL Systems Berhad announced today that will be teaming up with Splitit Payments to offer the latter’s installment solutions to

Read More

RHB’s New Credit Card Feature 3-Digit Security Codes That Automatically Refreshes

RHB unveiled today at their press conference, its latest fraud prevention technology for their card users. Partnering with Visa and

Read More