Posts From Fintech News Malaysia
Crowdfunding Platform Fundnel Launches Its Refreshed Brand Alta in Malaysia
Singapore-based equity crowdfunding platform Alta, previously known as Fundnel, has announced the official launch of its refreshed brand in Malaysia. The announcement follows Alta’s acquisition of private digital securities exchange Hg Exchange (HGX) in November this year. The launch will
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Effendy Shahul Hamid Succeeds Samir Gupta as CIMB’s Consumer & Digital Banking CEO
CIMB Group has appointed Effendy Shahul Hamid as CEO of Group Consumer and Digital Banking which takes effect on 1 January 2023 onwards, succeeding Samir Gupta who is retiring after 12 years of service with the group. The appointment will
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CIMB Taps MESINKIRA to Bolster Malaysian MSMEs’ Digitisation Efforts
CIMB Bank and CIMB Islamic Bank announced a partnership with software and system integration company ModulEight Technologies to support the growth of micro, small and medium enterprises (MSMEs). Through this partnership, MSMEs will be onboarded onto MESINKIRA, an integrated mobile
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Agile Banking Transformation: A New Era in Banking
The world of financial services is in a state of constant change, with many traditional banks across the Asia Pacific, and indeed the world, now actively pursuing digital transformation strategies. For many of these organisations, it has been the impact
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TNG to Implement Bank Grade Security Measure Imposed by BNM
Touch ‘n Go eWallet announced that it has come forward to be the first startup and non-bank provider that has committed to voluntarily incorporate the five key measures which have been recently imposed on banks by Bank Negara Malaysia to
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Bursa Malaysia Rolls Out Interactive Fund Information Platform for Retail Investors
Bursa Malaysia has launched an interactive fund information platform to provide the investors a comprehensive information on unit trusts and wholesale funds. The Bursa Fund Platform is open to and free-to-access for members of the public. It offers quick and
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Hong Leong Bank Announces Winner of Metaverse-Focused Hackathon
Hong Leong Bank‘s (HLB) “Can You Hack It 2022” hackathon with a focus on re-imagining banking experiences through hyper-personalisation and the metaverse has concluded. Team ‘TryHards’ came out top with their idea of making bank statements fun and personalised for
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3 Ways Machine Learning Can Enhance Your Lending Process
A vast majority of the populations in the emerging markets of Southeast Asia, Latin America, and India are at the cusp of financial inclusion, thanks to the growing availability and adoption of digital lending services. The fintech-as-a-service market is predicted
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Malaysians Can Now Add Their Debit and Credit Cards to Google Wallet
Several Malaysian banks including CIMB, Hong Leong Bank (HLB), Hong Leong Islamic Bank (HLISB), Public Bank will be able to support the use of Google Wallet from today onwards. However, not all of these banks’ debit and credit card are
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Cross-Border Challenges Cost a Lot, but There’s a Simple Solution
Cross-border payments are complex – just how many times have you read that before? But just how complicated and costly are these challenges? Regulatory complexities Every country comes with its own set of regulations that govern financial transactions. For
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