Posts From Fintech News Malaysia

CTOS To Enable Real-Time Credit Decisions For Banks

Malaysia’s credit reporting agency CTOS recently launched a solution to enable banks to make real time credit decisions. This solution will allow banks to integrate its existing system into the CTOS Application & Decisioning solution to draw data and insights into

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Funding Societies Partners with Curlec, Automates Monthly Repayment to Investors

Funding Societies,  a Peer-toPeer (P2P) financing platform in Malaysia, has announced a partnership with Curlec, a homegrown FinTech company specialising in direct debit payments. Funding Societies will be the first partner to adopt Curlec’s online Direct Debit system. With an

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TM ONE in Pursuit of Fintech Partnerships

TM ONE, the business solutions arm of Telekom Malaysia Berhad (TM) has announced their commitment in collaborating with the fintech sector in a closed-door session they hosted in collaboration with MDEC held recently at DOJO KL. This announcement follows the

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Securities Commission Malaysia Welcomes New Applications for ECF and P2P Lending

The Securities Commission Malaysia (SC) has announced that it welcomes new applications for Equity Crowdfunding (ECF) and P2P lending. This follows their previous call for more industry participation during their Annual Report press conference earlier this year. This announcement signals

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OCBC Partners up with P2P Lender Fundaztic to Enhance Financing Access for SMES

OCBC Bank and Fundaztic, P2P lending platform licensed by the Securities Commission have entered into a collaborative agreement to enhance access to financing for micro, small and new businesses which forms the largest base of SMEs in the country currently

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Bank Negara Malaysia Confirms Datuk Nor Shamsiah As Its New Governor

Following Bank Negara Malaysia’s previous announcement of Tan Sri Muhammad Ibrahim’s resignation as the governor, reports have confirmed that Datuk Nor Shamsiah will be appointed as the new governor of Bank Negara Malaysia and that the appointment has been approved

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8 Reasons Why Fintech Startups Fail

Fintech startups are multiplying and as we hear a lot about the successful ones, we often forget that it is not an easy task to turn a project or idea into a successful venture, and that, no matter how disruptive

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Hendra Lembong Replaces Olivier Crespin as CIMB’s Chief Fintech Officer

CIMB has appointed Hendra Lembong as Chief Fintech Officer with effect from 1 June 2018. Hendra will be replacing Olivier Crespin who hired in 2017 to head the newly set up fintech dedicated unit, CIMB Fintech.CIMB FinTech was launched in

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RHB Insurance Mobile App Enables Customers to Purchase Policy in 3 Minutes

RHB Insurance Berhad (“RHB Insurance”) launches “RHB Insurance Mobile App”, which enables its customers to purchase motor insurance policy and road tax with just a single end-to-end mobile enabled application. RHB Insurance Mobile App, allows users  to complete the purchase

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Got a Fintech Idea? Alpha Startups: Fintech Edition Wants to Help You Make It a Reality

Got a fintech idea you’re dying to turn into reality? 1337 Ventures, in collaboration with MDEC and InnoStart Capital, will be launching their accelerator programme, Alpha Startups: Fintech Edition, this July. The Alpha Startup: Fintech Edition, which runs quarterly, accepts

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