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FICO: Malaysians More Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians

FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Malaysian consumers are more comfortable

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CapBay Partners With TheLorry to Offer Financing for SME Lorry Drivers

CapBay, P2P Supply Chain Financing platform registered with Securities Commission Malaysia, announced a collaboration with TheLorry their “Express Financing” Program.

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APAC Banks Are Backing Open Banking, but What Does ‘Open’ Really Mean?

A survey launched this week by Finastra revealed that close to 100% of financial institutions in Singapore and Hong Kong

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Razer Fintech and Google Partners for Offline Payments

Razer Fintech has announced that Google Play Store consumers can make offline-to-online (O2O) payments through its Razer Cash solution. With

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Digi Partners With AXA AFFIN to Offer a Pre-Paid Internet Plan That Comes with Insurance

Digi together with AXA AFFIN Life Insurance is offering Digi Abadi, Malaysia’s first of its kind prepaid internet plan that

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eToro Added to Securites Commission’s Investor Alert List of Unauthorised Entities

Following a statement from Securities Commission Malaysia on Tuesday which warned investors that eToro is not a licensed or a

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Soft Space First to Join Visa’s Fintech Fast Track Program in Malaysia

Visa announced today that Soft Space is joining Visa’s Fintech Fast Track program, becoming the first Fintech partner to do

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How COVID-19 Has Forced Insurers to Rethink Digital

We’re living in a once in a generation health crisis. Millions of people worldwide have been affected by the coronavirus

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How Past Lessons in Digital Payments Can Help Banks Navigate in the New Normal

The past couple of decades have seen a complete upheaval in where we buy things and how we pay for

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Securities Commission: eToro is Not Licensed to Operate in Malaysia

In a press statement announcing the extension of their commission-free stocks offering to clients in Asia-Pacific, eToro shared that 11%

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Maybank Expects eDuit Raya Transactions to Grow 30% for Hari Raya in the New Normal

Maybank is foreseeing a spike in festive giving via its online platform this year as Malaysians celebrate Hari Raya under

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4 Things to Know Before Building a Virtual Bank in Malaysia

Ever since Hong Kong issued 8 virtual banking licenses in 2019, regulators from around the region are clamoring to each

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11% of eToro’s Asia Pacific Customers Are From Malaysia

Multi-asset investment platform eToro has announced that it will extend its commission-free stocks offering to clients in Asia-Pacific, effective immediately.

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Boost Introduces New Low-Cost Contactless Payment Solutions for Merchants

The COVID-19 health crisis has been very tough on businesses especially SMEs and micro-businesses. With the government’s Movement Control Order

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Huawei Cloud is Giving Away US$200 Cash Coupons, Here’s How You Can Get It

Huawei Cloud announced a campaign recently where the cloud service provider will be offering US$ 200 cash coupons that can

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In Less Than 3 Years, Rakuten Trade is Now Profitable

Rakuten announced that is has marked a major milestone by turning to black ahead of its third anniversary. According to

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Unlocking the Value in Payments Data With Technology and Partnerships

Over the years, banks have been creating exponentially growing mountains of data – much of it with huge potential value.

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MTDC to Co-Invest up to 30% in P2P and ECF Campaigns with pitchIN and MicroLEAP

Malaysian Technology Development Corporation (MTDC) today signed two MOUs with pitchIN and MicroLEAP respectively to collaborate and cooperate in the

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GlobalSadaqah to Enable Zakat and Waqf Payments Using Bitcoin

GlobalSadaqah in collaboration with SINEGY and LuxTag announced today an initiative to facilitate cryptocurrency donations on their platform. In their

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Huawei’s Webinar Series Aims to Help Businesses Cope with COVID-19

Huawei recently announced the launch of their webinar series targetted helping businesses to better cope with the COVID-19 pandemic. Happening

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Meet the Team Launching a Crypto Exchange During the COVID-19 Pandemic

The cryptocurrency market sure has come a long way from its very tumultuous year of 2019 when the then Finance

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Riding the Cloud to the Bank of the Future

Shifts in consumer behaviour towards digital services are resulting in monumental changes for the banking industry. Highly anticipated digital banking

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Securities Commission to Allow for E-Wallets to Sell Capital Market Products; TNG eWallet Welcomes the Move

The Securities Commission Malaysia (SC) announced today that it will facilitate the online distribution of capital market products such as

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microLEAP Partners with Masryef Management House to Launch Shariah-Compliant P2P Financing

Microleap PLT, a P2P (Peer-to-Peer) financing operator which manages microLEAP, has partnered with boutique Shariah advisor, Masryef Management House, to

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Japan’s JCB Taps on Soft Space’s Expertise to Power its Tap on Mobile Contactless Payment

JCB, Japan’s international payment brand, is leveraging Malaysia’s Soft Space’s technological expertise to develop the Tap on Mobile programme that

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Sunway Group Eyeing Digital Banking License via Acquisition of Credit Bureau Malaysia

Sunway Berhad, via its 100% owned subsidiary, Sunway Holdings, is acquiring a 51% stake in Credit Bureau Malaysia. Upon completion

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Alibaba Cloud Launches USD 30 Million Global SME Enablement Program

Alibaba Cloud, the data intelligence backbone of Alibaba Group, today launched a Global SME Enablement Program to provide cloud technology

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Singapore’s FOMO Pay Expands into Malaysia Through OCBC Partnership

FOMO Pay, Singapore-based digital payment and digital banking solution provider, partnered with OCBC Malaysia to develop OCBC OneCollect as its

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AXA AFFIN Life Organizes COVID-19 Crowdfunding Campaign to Help Frontliners

Following the outbreak of COVID-19 pandemic, the Personal Protective Equipment (PPE) used by frontline personnel was reported to upsurge by

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Gig Economy Challenge: How Can We Solve Pressing Issues Faced By Gig Workers?

The importance of the gig economy has always seen a steady growth trajectory, but nothing has made its importance clearer

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