Posts From Fintech News Malaysia

How To Earn From Your Credit Card?

Surprising but true, here is another reason for you to opt for a credit card, you can earn from it. Credit cards are amongst the easiest way to have some extra credit money for your travel, shopping, entertainment and other

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Alipay Powers Blockchain Remittance Service Between Malaysia and Pakistan

Telenor Microfinance Bank, in partnership with Valyou Malaysia, has introduced a blockchain-based cross-border remittance service, developed by Alipay, the online payment platform operated by Ant Financial. The blockchain remittance service is provided by Telenor’s Easypaisa and Valyou, a financial technology

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After Blockchain, MyEG Diversifies into E-Wallets

Following their recent announcement of launching PayMe a blockchain based payroll solution, MyEG revealed that they will be unveiling a new e-wallet by September 2019 dubbed as iPayEasy. The company received their e-money license from Bank Negara Malaysia early 2018

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DuitNow Now Available to 17 More Banks

An additional 17 banks and non-banks will soon launch the DuitNow service as well. Customers wishing to receive DuitNow fund transfers using their mobile number need only perform a simple one-time registration to link their mobile number with their account

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OCBC’s Fintech Innovation Arm The Open Vault Now Opens in Malaysia

The Open Vault, the FinTech and Innovation unit of OCBC Bank has been officially unveiled in Malaysia. Back in its home ground, its Singaporean counterpart has been known to launch several initiatives such as their mortgage loan chatbot EMMA, a

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Securities Commission and Bank Negara Working to Bring ICOs Under Securities Law

To implement the regulatory framework on digital assets—be it tokens or cryptocurrency—the Bank Negara (BNM) and the Securities Commission Malaysia (SC) will enter into coordination arrangements to ensure compliance with laws and regulations under the purview of both regulators. The SC

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Golden Gate Ventures Launches Malaysian Office With a RM 75 M Fund

Golden Gate Ventures, today announced the opening its Malaysian office in Kuala Lumpur. Having already utilised a quarter of its Fund II in early-stage tech companies that are based in or operating in Malaysia, the firm now plans to invest

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The Home Buying Process is Broken, Here’s How a Malaysian Fintech is Trying to Solve it

The current property buying process in Malaysia is broken. Let’s say you want to purchase a property, you usually begin the process by looking at areas that you like or developers that you trust. After what is likely several months

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Flying Malaysia’s Flag High, MoneyMatch Clinches Award at Singapore Fintech Festival

MoneyMatch was recognised as one of three winners for the ASEAN SME category of the SG FinTech Awards in conjunction with the Singapore FinTech Festival 2018 from 12 – 16 November 2018. The FinTech Awards ceremony was witnessed by close

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CIMB Becomes the First Malaysian Bank to Join Ripple’s Network

CIMB Group and Ripple have entered into a strategic collaboration to enable instant cross border payments across its various markets. On the back of this partnership, CIMB will join Ripple’s network RippleNet, which will facilitate access to other RippleNet members

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