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Fintech News Malaysia
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
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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
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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.
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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
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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
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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
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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
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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,
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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
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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
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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
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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,
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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
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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
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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
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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
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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
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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
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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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