Posts From Fintech News Malaysia

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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Funding Societies to Provide Financing for Proton’s Second Hand Car Dealers

SME digital financing platform Funding Societies Malaysia will provide credit facilities for PROTON dealers to finance the purchase of second-hand cars for floor stocking. Dealers who wish to apply for financing may do so via Funding Societies’ online platform. Funding

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KPJ Healthcare Partners Pine Labs to Offer BNPL Payment Option

KPJ Healthcare Berhad (KPJ Healthcare) is collaborating with Pine Labs, a merchant commerce omnichannel platform, to offer flexible payment options for its patients. This service allows payments for KPJ Healthcare’s medical services to be made at Pine Labs’ point-of-sale terminals

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BigPay Hits RM1 Billion Milestone for International Remittance

BigPay announced that it had achieved a new milestone for its international remittance feature.  The company said it had achieved RM1 billion in Gross Transaction Value (GTV) for its international remittance feature. BigPay allows users to send money to other countries

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