Posts From Ellia Pikri

AIA Director Quits His Job to Build Blockchain That Could Finally Simplify Selling Cars

  “Buying a [car] is such a long and frustrating process,” lamented Arnold Aranez, CEO and founder of Cendol Technologies. “When I bought my second-hand car, the original importer put the wrong model details so when I tried to sell

Read More

What Razer’s Malaysian Headquarters Launch Means for its Fintech Ambitions

Razer today announced the official opening of its new country headquarters in Malaysia, housing over 280 employees within The Vertical at UOA Corporate Towers. The event was graced by Malaysia’s Minister for Finance Lim Guan Eng, as well as Minister

Read More

How Cashless is Malaysia Right Now?

Between Bank Negara Malaysia’s (BNM) ICTF and the more recently announced Real-Time Retail Payments (RPP) system, an ecosystem rife with Malaysians with at least a debit card, and e-wallets to target those who do not; Malaysia seems to be well underway towards

Read More

HelloGold Expands Blockchain Gold-Savings Platform into Africa

Gold-based savings platform HelloGold has announced their expansion into Africa, with the help of a digital financial inclusion group Baobab as their partner. Baobab serves a similar goal to HelloGold, which is financial inclusion for those in Africa and China via

Read More

MyCash Online Expands Remittance Service to Australia

MyCash Online is a marketplace designed to help the massive swaths of migrants in Malaysia and Singapore that do not have access to online banking or credit cards. This goal allowed the platform to gain a significant footing in Malaysia’s fintech,

Read More

Silicon Valley Payments Darling Arrives in Malaysia

In a tweet by Silicon Valley-based Stripe’s CEO, Patrick Collison, he seemed to confirm that the company has commenced with beta testing in Malaysia. This tweet follows the company’s talked about expansion into Southeast Asia. Expanding here was seemingly just

Read More

The Dark Side of Malaysia’s Quest into a Cashless Society

It’s no secret that Malaysia is gung-ho about cashlessness. Bank Negara Malaysia itself expressed as much, within the policies and guidelines outlined in their Interoperable Credit Transfer Framework (ICTF), and which PayNet, the system underlying much of payments and banking in

Read More

Malaysia’s Blockchain Industry Responds to SC’s Stance On Crypto

They say it’s always darkest before the dawn. That is just an enigmatic way to say that industry confusion is to be expected in the interim of the Securities Commission’s (SC) reveal of cryptocurrency regulations—at least for those that fall under

Read More

SC Malaysia Clarifies: A Crypto-Asset is Only A Security if Used in Specific Ways

Due to confusion that has come out regarding cryptocurrency within the past few weeks, the Securities Commission Malaysia has invited Fintech News Malaysia over to clarify on certain positions it holds regarding digital assets. One of the biggest revelations is

Read More

SC Imposes Deadline For Crypto Exchanges Before They are Deemed Illegal

The issue of digital currency and assets regulation came into mainstream focus when Finance Minister Lim Guan Eng announced that Order 2019 will activate starting from the 15th January 2019. Soon after, the Securities Commission (SC) issued their own statement about the

Read More