Posts From Fintech News Malaysia
CIMB Group Doubles Its Sustainable Finance Target to RM60 Billion by 2024
CIMB Group announced that it is doubling its sustainable finance target to RM60 billion by 2024 under its Green, Social, Sustainable Impact Products and Services (GSSIPS) framework. The increased target was announced during the opening of CIMB’s flagship The Cooler
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Gobi Partners Closes US$10 Million Malaysia-Focused Fund Joined by Allianz
Pan-Asian venture capital firm Gobi Partners announced the closing of its US$10 million Gobi SuperSeed II (Gobi SSII) Fund following the participation of Allianz Malaysia as a Limited Partner (LP). Other LPs backing the Gobi SSII Fund are institutional investors
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How Travel Agents Can Benefit from Tranglo’s Payments Services
After two years of stasis, the pent-up demand to cross international borders again has breathed new life into the travel industry. The UNWTO reported that global international tourist arrivals more than doubled (+130%) in January 2022 compared to 2021, amounting
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Balancing Digital and Physical Channels in the New Era of Banking and Insurance
The COVID-19 pandemic has led to a spike in demand for digital banking experiences, a shift which banks and financial services institutions around the world have responded promptly to by accelerating product roadmaps and enabling new digital experiences. But despite
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UOB Malaysia Partners SJPP to Provide RM1 Billion in Green Financing to SMEs
UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP) to launch the U-Green Financing programme, which will support small and medium-sized enterprises (SMEs) in embracing sustainability. The bank has allocated RM1 billion for this programme, and SJPP will be
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Luno Malaysia to Add Cardano (ADA) and Solana (SOL) to Its Platform
Digital asset exchange Luno will be adding two cryptocurrencies to its platform: Cardano (ADA) on 21 September 2022 and Solana (SOL) on 6 October 2022. This comes after the addition of Chainlink (LINK) and Uniswap (UNI) earlier this year, bringing
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BNM Approves UOB’s Acquisition of Citi’s Consumer Banking Business in Malaysia
UOB Malaysia and Citi Malaysia have received regulatory approval from Bank Negara Malaysia (BNM) for UOB’s acquisition of Citi’s consumer banking business in the country. Following the approval, both sides will apply for a vesting order from the High Court
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Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech
Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial services companies looking to get the most out of their investments in artificial intelligence (AI), allowing them to build more
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Heitech Padu-Backed tekkis Launches eKYC and Payments Solution
eKYC company tekkis, backed by HeiTech Padu Berhad, launched two software solutions called t-Pay and t-Verify to enable businesses to collect payments and onboard verified customers through no-code payment links and embedded identity verification. t-Pay can be integrated into any
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Boost Launches Brand Refresh; Hints at Larger Wallet Size
Boost has launched its refreshed brand, along with an update on future plans. The refreshed brand introduces refined visual elements and a new “Be Unstoppable” tagline. Boost’s brand refresh is the next phase of the company’s repositioning exercise that started
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