Posts From Fintech News Malaysia
Al Rajhi Malaysia Selects Feedzai to Bolster Security for Its Digital Bank
Al Rajhi Bank Malaysia (ARBM) has partnered with risk management platform Feedzai to integrate the latter’s RiskOps solution onto its platform. RiskOps by Feedzai is a fully integrated cloud offering which covers device authentication, malware defense, behavioral biometrics along with
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Fintech Report 2022: Malaysia Charts a New Path for Fintech Growth
In Malaysia, regulators and policymakers are actively supporting the fintech industry by establishing a conducive regulatory environment, and through public–private partnerships. This past year has seen Malaysia unveiling a number of regulatory developments and initiatives, paving the way for greater
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Touch ‘n Go Partners With PayNet to Launch Cashless Initiative in Kedah
Touch ‘n Go (TNG) Group has partnered with the Payment Network Malaysia (PayNet) to launch the ‘Mai Kita Cashless’ campaign for merchants and consumers at the Pasar Tani Kekal in Changlun, Kedah. They are encouraged to change their business operations
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Malaysian Insurtech VSure Expands Its Footprint to the UK
Malaysian digital insurer VSure.life announced its expansion to the United Kingdom to make it affordable for small businesses to access insurance. VSure has aligned with local player McGill and Partners, a boutique (re)insurance broker specialising in creating bespoke, game-changing solutions
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Hong Leong Partners PayNet to Turn Sekinchan Into the First Cashless Village
Hong Leong Bank (HLB) has formed a partnership with Payments Network Malaysia (PayNet) to roll out its first ‘Project Cashless Kampung’ in Sekinchan, Selangor. This project aims to push for financial inclusion by ensuring all 24,000 Sekinchan residents have access
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Indonesia’s DOKU Acquires senangPay in US$7.5 Million Deal
DOKU, an Indonesian electronic payment solutions provider, announced that it has acquired Malaysian online payment gateway senangPay for US$7.5 million by raising the funds needed from Apis Growth Fund II. The acquisition of senangPay marks the beginning of DOKU’s expansion
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Malaysia’s Silverlake Axis Partners Finastra to Bolster Its Trade Finance Solutions
Silverlake Axis, an ASEAN core banking solutions provider headquartered in Malaysia, announced that it has entered into an agreement with Finastra, a global provider of financial software applications and marketplaces. Under the deal, Silverlake will be able to offer Finastra’s
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GHL Rolls Out QR Payments Through LINE Messaging App in Thailand
Payment service company GHL Systems (GHL) has launched the “GHL QR Payment”, an all-in-one QR code payment channel in Thailand for merchants to easily receive payment. This combines multiple QR code and e-wallet providers on a single payment platform which
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Mambu: Malaysians Want Their Banks to Become More Sustainable in the Future
More than three quarters (77%) of Malaysian consumers want their bank or financial institution to become more sustainable in the future, according to a new report from cloud banking platform Mambu. “Is the grass greener on the sustainable side?” report
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RHB Enhances Its API-Driven Digital Platform With More Offerings for SMEs
RHB Banking Group has further enhanced its RHB REFLEX Premium Plus digital platform driven by an Application Programming Interface (API) integration with selected partners, to provide accounting and human resource (HR) solutions for its SME customers. RHB Reflex Premium Plus
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