Posts From Fintech News Malaysia

iMoney Launches Free Credit Score Tool in Bahasa Malaysia

iMoney has launched the Bahasa Malaysia version of its free credit score tool, iMoney Credit Score. The tool which was launched in late 2018 was initially available only in English. According to their press release this free tool will offer

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Funding Societies Teams Up with Lazada to Provide Financing for Online Merchants

Funding Societies Malaysia, the largest digital Peer-to-Peer (P2P) financing platform in the country, announced today its partnership with Lazada Malaysia to offer short-term financing, e-commerce financing, for merchants selling on Lazada platform. A reflection of Funding Societies and Lazada’s mutual

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Insurance Comparison Sites Will Soon Be Regulated by Bank Negara Malaysia

Insurance and takaful aggregation business will be regulated by Bank Negara Malaysia as a new category of registered business under the Financial Services Act 2013 (FSA). According to Bank Negara Malaysia’s press statement, once this comes into effect insurance and

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TransferWise Secures Remittance License in Malaysia

TransferWise has successfully obtained a remittance license from Bank Negara Malaysia (BNM). With this license, TransferWise will launch remittances from Malaysia in 2019. Prior to the license TransferWise customers can send money to Malaysia, but not from. With the launch

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PolicyStreet Secures Approval from Bank Negara to Conduct Financial Advisory

PolicyStreet announced today that it has obtained approval from Bank Negara Malaysia to conduct financial advisory. With this approval, PolicyStreet can source, aggregate, compare, customise and finally advise consumers and businesses on the best insurance products that meet their needs.

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3 Effective Ways to Make Money Online

Making money from the comfort of your own home is something of a dream for many of us. Especially when there’s enough money to live off comfortably. However, when you look into the available options to make money online, you

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Can Forex Become a Main Source of Income?

Trading seems to be a very attractive way of earning: you can trade from any place, have a flexible schedule, and earn stable income as well. On the other hand, trading is associated with high risks. What is Forex Forex

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Bursa Malaysia Taps Hong Kong Based Company to Build Blockchain Proof-of-Concept

Bursa Malaysia is right now utilising blockchain in a proof of concept geared towards greater transparency and smoother operations in the securities borrowing and lending (SBL) market. The project aims to ramp up efficiency, speed and capacity in securities in

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GHL to Enable GrabPay QR Payment at 70,000 of its Payments Channels

GrabPay’s mobile QR payment will be accepted at GHL’s payment touchpoints soon according to an announcement issued by GHL today. Prior to this partnership GHL has also enabled CIMB Bank to accept QR payments from 6 major e-wallets. Through this

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Hackathons are Outdated, HSBC’s New Challenge Lets You Solve Retail Banking Problems from Home

Ongoing until June, HSBC is hosting its HSBC Openlab Innovation Challenge to attract new talents, startups, designers, digital innovators and developers to come together and solve real-life retail banking challenges. Participants stand to win crash prizes up to RM8,000, followed

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