Posts From Fintech News Malaysia
OCBC Introduces its Mobile-First Banking Solution FRANK to Malaysia
OCBC Malaysia announced the launch of its digital banking solution FRANK by OCBC in Malaysia. This solution was first introduced in Singapore circa 2010. In Malaysia, OCBC says that it seeks to provide the mobile generation with a “fresh new
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Huawei Developer Conference: Brett King Talks Financial Inclusion, Banking 4.0, and More
At the 2020 Huawei Developer Conference held earlier this week, fintech influencer, best-selling author, and entrepreneur Brett King joined the finance tech.session to talk about the role of technology to improve financial inclusion and shared his views on how banking
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MyMy Secures Malaysia’s Largest Fintech Seed Funding Round of RM 12 Million
MyMy today announced that it has secured Malaysia’s largest fintech seed round of RM 12 million at the valuation of RM 50 million. Koperasi Angkatan Tentera Malaysia Berhad led this fund raising round with an investment of RM10 million. The
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5 Key Highlights From Huawei’s Developer Conference
From September 10 to 12, 2020, Huawei Consumer Business Group (BG) held the annual Huawei Developer Conference. Themed HDC.Together, the event saw multiple announcements being made, including the launch of new products, as well as updates on the Huawei Mobile
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Fi Life to Tap Kakitangan.com’s SME Base to Offer Insurance to 50,000 Employees
Fi Life will be offering direct life protection for users of the Kakitangan.com’s payroll and leave management web app which is said to serve more than 5,000 SMEs and 50,000 employees. Through the Kakitangan.com’s web app, users are now able
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Redefining Finance for Good: How the Pandemic Fast Tracked CIMB’s Digital Initiatives
COVID-19 has been an important catalyst for digital transformation across all industries. In banking, the pandemic has accelerated banks’ digitalisation push and triggered a sharp rise in digital payments and digital banking usage. This has pushed banks to not only
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Tranglo Enters Myanmar With KBZ Bank Partnership for Remittance
Tranglo, a Malaysian based cross border payment specialist, announced a brand-new partnership with Kanbawza Bank (KBZ Bank) of Myanmar as part of its expansion the country. The collaboration is said to add Myanmar to Tranglo’s global network that includes countries
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Merchantrade Acquires Valyou From Telenor Group
Merchantrade, a digital money services business operator and e-money issuer, has acquired a 100% stake in Valyou from the Norwegian Telenor Group following a competitive bidding exercise. Valyou is a mobile fintech player in Malaysia and a cross-border digital remittance
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Valyou Launches Blockchain-Based Remittance Services in Bangladesh
Valyou, Malaysian digital remittance provider, announced the launch of blockchain-based remittance services in Bangladesh in partnership with Standard Chartered and bKash, a mobile financial service provider, to facilitate instant transfers from Malaysia. The service is powered by blockchain technology from
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MyCash Money Picks Onfido to Power its eKYC
Onfido bags MyCash Money as its latest customer in the region, providing the company identity verification and authentication services. Besides MyCash, Onfido also counts fintechs like BigPay and MoneyMatch among its base of customers in Malaysia. MyCash Money, is an
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