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NEXEA and PayNet Launch Accelerator to Support Malaysian Payment Startups

NEXEA, a venture capital and startup accelerator firm, has joined forces with Payments Network Malaysia (PayNet) to launch an accelerator

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Malaysian Minister Azalina Proposes ‘Kill Switch’ Legislation to Halt Online Scams

The Malaysian government is deliberating on introducing new legislation for a ‘kill switch’ that would empower authorities to instantly halt

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Malaysia and Cambodia Regulators Ink MoU on Cross-Border QR Payments

The central banks of Malaysia and Cambodia have formalised a partnership aimed at advancing financial innovation and streamlining cross-border payment

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TRM Labs Plays Role in Malaysian Police’s Crack Down on US$2.5M Crypto Fraud

Malaysian authorities apprehended three individuals connected to a cryptocurrency fraud scheme, accused of misappropriating over US$2.5 million in digital currencies

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SC and Bursa Malaysia to Shorten IPO Approval Timeline to 3 Months

The Securities Commission Malaysia (SC) and Bursa Malaysia have announced a new initiative to expedite the approval process for initial

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SFA Initiative ‘Project Tapir’ Connects Singaporean Fintechs with Malaysian VCs

The Singapore Fintech Association (SFA) has initiated Project Tapir, a collaborative effort with Malaysian venture capital firms Artem Ventures and

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You Can Now Register Your Interest for AEON Bank – M’sia’s First Islamic Digibank

AEON Bank has officially opened registration for those interested in joining Malaysia’s first Shariah-compliant digital bank. The entity was the

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Maybank Reshuffles Management Team to Drive Growth

In a strategic management reshuffle at Maybank, Datuk Muzaffar Hisham is slated to become the Group CEO of Islamic Banking

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GXBank Now Offers Physical Debit Cards to All Customers

GXBank, Malaysia’s first digital bank and a subsidiary of Singapore’s GXS Bank, announced that it has begun offering its physical

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Maybank Announces RM18 Billion SME Financing Plan for 2024

Maybank has announced its plans to disburse approximately RM18 billion in SME financing for the year 2024, according to Bernama.

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New Raiz App Update Allows Children to Learn Budgeting, Saving, and Investing

Raiz, a joint venture company between Raiz Invest Australia and Permodalan Nasional Berhad (PNB), is introducing an updated version of

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Vircle Taps PolicyStreet to Offer Child Insurance Plan Tied to Its Visa Card

Malaysian insurtech company PolicyStreet and Vircle, a Malaysian neobanking service provider for kids, have joined forces to launch “Vircle Club

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RHB Invests RM8.6 Million in Boost Bank, Maintains 40% Stake in Digibank

RHB Bank has further invested RM8.6 million in Boost Bank, subscribing for an additional 8.6 million shares to maintain its

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Maybank Islamic, TM Bridge Digital Divide for MSMEs With 5G Mobile Banking Bundle

Maybank Islamic in collaboration with Telekom Malaysia (TM) has launched the “Go Niaga” mobile business banking bundle for MSMEs, according

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Luno Users Can Now Verify Their Crypto Holdings With Proof of Reserves Reports

Luno, a regulated digital asset exchange in Malaysia, has announced a new initiative aimed at bolstering transparency for its users

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KTM Now Accepts E-Wallets, Debit and Credit Cards Across 80 Stations

The Malaysian Transport Ministry, led by Minister Anthony Loke, officially inaugurated the new open payment system for the Keretapi Tanah

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SC Malaysia Fast Tracks Market Entry Process for Capital Market Players

The Securities Commission Malaysia (SC) has stepped up to expedite the market entry process for Capital Market Intermediaries (CMIs) and

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Gambit Custody Names Melvyn Ho as New Co-Founder and COO

Gambit Custody has announced the appointment of Melvyn Ho as its new Co-founder and Chief Operating Officer in a bid

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Touch ‘n Go eWallet Offers Soundbox to Help Merchants Fight Scams From RM10/Month

TNG Digital has launched a new Soundbox device aimed at protecting merchants from payment scams through the Touch ‘n Go

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SC Malaysia Broadens Sophisticated Investor Criteria to Include Knowledge, Experience

The Securities Commission Malaysia (SC) has expanded its definition of sophisticated investors, aiming to make the capital market more accessible.

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BSN Releases myBSN, Its First Mobile App For Retail Customers

After years of a web-only myBSN online banking portal, Bank Simpanan Nasional (BSN) has finally released the myBSN mobile app

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Touch ‘n Go eWallet to Impose 1% Reload Fee to Deter Credit Card ‘Cash Out’

TNG Digital will impose a 1% fee on all credit card reloads for its Touch ‘n Go eWallet service, starting

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Is BNPL Shariah Compliant in Malaysia?

The Shariah Advisory Council (SAC) of Bank Negara Malaysia has taken significant strides in marrying the convenience of modern financial

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Principal Malaysia Taps AWS for Major Cloud Transition

Principal Malaysia, a joint venture between the Principal Financial Group (PFG) and CIMB Group Holdings, has announced its decision to

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Ethereum Staking Now Available on Luno for Malaysian Users

Luno, a regulated digital asset exchange in Malaysia, has recently introduced Ethereum (ETH) staking, offering an opportunity for customers to

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BNM and CyberSecurity Malaysia Sign MoU to Bolster Cyber Resilience in Financial Sector

Bank Negara Malaysia (BNM) and CyberSecurity Malaysia have formalised a Memorandum of Understanding (MoU) aimed at reinforcing cybersecurity in Malaysia’s

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Finalyst Debuts Financial Health Assessment Platform

Finalyst has unveiled a new platform designed to enhance financial health, employing advanced technology to streamline cash flow management, investment

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Tune Protect Life Launches AI-Powered Insurance Tailored for Millennials and Gen Z

Digital-first life insurer, Tune Protect Life has launched FLEXIOne, an offering which they say integrates artificial intelligence to offer bespoke

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TNG Digital and PayNet Teams up to Promote Digital Payments in Sabah

TNG Digital and PayNet Launch ‘Cashless Seja Bah!’ Campaign in Sabah to Promote Digital Payments TNG Digital and PayNet have

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BigPay Users Can Now Buy In-App International Travel Insurance From RM35

BigPay users will be able to apply for their travel insurance, BigPay TravelEasy, within the app starting today with the

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