Posts From Fintech News Malaysia
Malaysia and Singapore’s QR Code Payments Linkage Has Gone Live
The cross-border QR code payment linkage between Singapore and Malaysia has gone live, enabling customers of participating financial institutions to make payments by scanning NETS QR and DuitNow QR codes. This will support in-person payments through the scanning of physical
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Here’s a Snapshot of the Newly Released BNM Annual Report for 2022
Bank Negara Malaysia (BNM) released its Annual Report 2022 yesterday to detail its key initiatives in fulfilling its mandates to promote monetary and financial stability conducive to the sustainable growth of the Malaysian economy. Here are five key highlights from
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BNM Seeks Public Feedback on Two Key Enhancements to Its Regulatory Sandbox
Bank Negara Malaysia (BNM) is inviting feedback on its proposal to make several enhancements its existing Financial Technology Regulatory Sandbox Framework. The central bank said that the enhancements are focused at ensuring proportionate regulatory facilitation and improving operational efficiency of
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Mobilewalla LendBetter: The Future of Lending for New-To-Credit Prospects
Financial inclusion and credit access are essential for driving economic growth and improving livelihoods in numerous emerging markets, including South Asia. However, extending credit to underbanked and unbanked populations comes with inherent risks, especially when dealing with new-to-credit customers who
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Key Highlights From Securities Commission Malaysia’s Annual Report 2022
The Securities Commission Malaysia (SC) has released its annual report for 2022 which highlights its efforts in promoting market integrity, investor protection, and the development of the Malaysian capital market. The SC Chairman, Dato’ Seri Dr. Awang Adek Hussin, said
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Luno’s COO James Lanigan Will Now Serve as the New CEO
Digital asset exchange Luno announced that its Chief Operating Officer James Lanigan who has been with the company for five years will now serve as its CEO. Meanwhile, Co-founder and existing Chief Executive Officer Marcus Swanepoel will be moving into
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Maybank Joins Bursa Malaysia’s Newly Launched Sustainability Platform
Bursa Malaysia announced the deployment of its Centralised Sustainability Platform which will be piloted by Maybank and the UMW Corporation. UMW and Maybank are pioneers of the Early Adopter Programme (EAP), running from April to October 2023, an initiative to
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Hong Leong Beefs up Security With Emergency Lock, Cooling Off Period
Hong Leong Bank (HLB) and Hong Leong Islamic Bank have enabled the Emergency Lock feature for both the HLB Connect online as well as the mobile banking app starting March 2023 onwards. With this new feature, customers can quickly block
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Danny Leong Reconsidering His Resignation as Group CEO, Says Revenue Group
Payment solutions provider Revenue Group‘s Group CEO Danny Leong Kah Chern is reportedly reconsidering his decision to resign according to a company announcement on Bursa Malaysia. The group sought to clarify matters when Fintech News Malaysia published news of Danny’s
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Bank Islam Partners MESINKIRA to Aid MSMEs in Their Digital Journey
Bank Islam Malaysia has partnered with MESINKIRA, a cloud-based retailing platform for MSMEs, to offer underbanked microentrepreneurs a chance to digitalise their businesses through an end-to end integrated mobile business management solution. Microentrepreneurs that will benefit from the collaboration are
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