Fintech News Malaysia
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Open APIs, Digital Banking and Hybrid Work — How TM One Protects its Clients from Cyber Threats
The pandemic accelerated digitalisation to levels never before seen, forcing the financial sector to evolve quickly or risk being left
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CIMB Group Doubles Its Sustainable Finance Target to RM60 Billion by 2024
CIMB Group announced that it is doubling its sustainable finance target to RM60 billion by 2024 under its Green, Social,
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Gobi Partners Closes US$10 Million Malaysia-Focused Fund Joined by Allianz
Pan-Asian venture capital firm Gobi Partners announced the closing of its US$10 million Gobi SuperSeed II (Gobi SSII) Fund following
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How Travel Agents Can Benefit from Tranglo’s Payments Services
After two years of stasis, the pent-up demand to cross international borders again has breathed new life into the travel
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Balancing Digital and Physical Channels in the New Era of Banking and Insurance
The COVID-19 pandemic has led to a spike in demand for digital banking experiences, a shift which banks and financial
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UOB Malaysia Partners SJPP to Provide RM1 Billion in Green Financing to SMEs
UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP) to launch the U-Green Financing programme, which will support small
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Luno Malaysia to Add Cardano (ADA) and Solana (SOL) to Its Platform
Digital asset exchange Luno will be adding two cryptocurrencies to its platform: Cardano (ADA) on 21 September 2022 and Solana
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BNM Approves UOB’s Acquisition of Citi’s Consumer Banking Business in Malaysia
UOB Malaysia and Citi Malaysia have received regulatory approval from Bank Negara Malaysia (BNM) for UOB’s acquisition of Citi’s consumer
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Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech
Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial
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Heitech Padu-Backed tekkis Launches eKYC and Payments Solution
eKYC company tekkis, backed by HeiTech Padu Berhad, launched two software solutions called t-Pay and t-Verify to enable businesses to
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Boost Launches Brand Refresh; Hints at Larger Wallet Size
Boost has launched its refreshed brand, along with an update on future plans. The refreshed brand introduces refined visual elements
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Worldline’s Ingenico and GHL’s Paysys Pair Up to Tackle the Malaysian Payment Market
French and Malaysian payment solution providers Ingenico and Paysys have signed an agreement to combine their business strengths to address
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BigPay Further Enhances Its Newly Launched Goal-Based Savings Offering
BigPay, a Capital A venture company, has introduced enhancements to its recently launched goal-based savings offering – Stashes. Through its
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Versa Asia Raises an Eight-Figure Funding Round
Versa Asia, a Malaysian digital cash management platform, announced that it had secured an 8-figure funding round. Details of the
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Reinventing How FIs Interact With Their Customers Using Digitalisation
Consumer digital adoption and expanding regulatory frameworks in APAC present significant prospects for digital banking. COVID-19 has enhanced this potential
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Maybank Designs Sustainable Product Framework for Group-Wide Implementation
Maybank has designed its own Sustainable Product Framework (SPF) to enable greater development of green, social and sustainable products. The
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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation
Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective
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BNM Adds Forex Broker OctaFX to Its Consumer Alert List
Bank Negara Malaysia (BNM) has tacked on OctaFX, an online currency trading brokerage, to its Financial Consumer Alert list as
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Taiwan’s CTBC Bank Offers Tap-On-Phone Taxi Payments Powered by Soft Space
Taiwan’s CTBC Bank has partnered with Malaysian fintech firm Soft Space to allow its customers to pay their taxi fares
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ECF and P2P Lending Has Helped Malaysia’s MSMEs Raise Over RM 2.7 Billion in Financing
In Malaysia, business financing through peer-to-peer (P2P) lending and equity crowdfunding (ECF) is on the rise, with a growing number
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Malaysian Takaful Association Partners With FAOM to Spur Fintech Adoption
The Malaysian Takaful Association (MTA) signed a Memorandum of Understanding (MOU) with the Fintech Association of Malaysia (FAOM) to spur
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GHL Partners Ablr to Offer BNPL Payment Options to Its Merchants and Consumers
Payment solutions provider GHL Systems (GHL) has partnered with Buy Now Pay Later (BNPL) firm Ablr to offer enhanced payment
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Tune Protect Malaysia Introduces Its First Critical Illness Offering
Tune Protect Malaysia, the general insurance arm of Tune Protect Group, has launched its first Critical Illness Insurance offering Critical
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Kenanga Investment Bank Ties up With Ant Group to Launch Wealth Superapp
Kenanga Investment Bank has signed a Memorandum of Understanding (MoU) with Ant Group to leverage mPaaS, a mobile development platform
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Tranglo Opens up New Payout Corridor to the UAE
Cross-border payments firm Tranglo announced that it has opened a new payment corridor to the United Arab Emirates (UAE). This
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SC Malaysia Places Huobi Global on Investor Alert List
The Securities Commission Malaysia (SC) has placed cryptocurrency exchange Huobi Global on its investor alert list for operating a digital
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InvestHK and HKMA Launches CBDC-Focused Vertical at the Global Fast Track 2022
Invest Hong Kong (InvestHK) and the Hong Kong Monetary Authority (HKMA) jointly announced the addition of the Central Bank Digital
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BNM Collaborates With SSM to Regulate AML/CFT and TFS
Bank Negara Malaysia (BNM) will be collaborating with the Companies Commission of Malaysia (SSM) to strengthen collaboration in the regulation
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Kenanga Bets Big on Its Super App and Embedded Wealth for Their Next Phase of Growth
These days everyone wants to be a super app from bigtechs to banks and even an airline company like Air
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StanChart Malaysia Appoints Mak Joon Nien as First Local CEO
Standard Chartered Malaysia announced the appointment of Mak Joon Nien as Managing Director and Chief Executive Officer (CEO), with effect
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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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