Posts From Vincent Fong

Can Blockchain Eradicate Corruption in Malaysia?

As Malaysians go to the polls tomorrow to decide the fate of the country, the election fever runs high. So much so that the election fever has seeped into the subject of blockchain. Earlier this week, a candidate of the

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Behind The Scenes: How Hong Leong Bank is Digitising Their Workforce

Digital transformation is something that should be happening across the organisation, not just the consumer facing fronts. However, when scanning the news, one might be tempted to think that much of the industry’s digitisation focus is limited to the latter.

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HelloGold Secures Series A from 500 Startups

Southeast Asian fintech firm HelloGold has secured Series A funding from Silicon Valley venture capital firm 500 Startups. The funding will be used for the integration and testing of blockchain elements on the HelloGold mobile app. Providing a Shariah-compliant platform

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Meet the 9 Cryptocurrency Exchanges in Malaysia Registered with BNM

Bank Negara Malaysia has published the list of cryptocurrency exchanges in Malaysia that has registered itselves as a reporting entity with the regulator. This follows our report issuance of the policy paper titled “Anti-Money Laundering and Counter Financing of Terrorism Policy

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AXA Affin Insurtech Play: Digital Insurance & Partnerships

AXA Affin announced their insurtech play AXA eMedic, which focuses on offering low barrier to entry e-medical cards targeted at young professionals and families. According to its CEO, Rohit Nambiar, much of the insurance sector currently focuses on roughly 6

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Malaysia’s ICOs Moves Beyond Fintech as Marketplace Player ServisHero Eyes ICO

Malaysia’s ICO scene seems to be maturing following a successful ICOs by the likes of HelloGold, and large players like Air Asia mulling their own ICO. The latest to join the game is Malaysia’s very own digital marketplace for the

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Fintech Review: MoneyMatch’s Currency Exchange Service

Just a couple of weeks ago I had the opportunity to attend the Money 20/20 conference at Singapore, seeing as I was attending a fintech conference and in need some Singaporean Dollars I figured it was the perfect time to

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What Is BNM’s ICTF and What Does It Mean For a Cashless Malaysia

Bank Negara Malaysia has issued the Interoperable Credit Transfer Framework (ICTF) on 20th March 2018, which has taken into account feedback received during the public consultation period on the Exposure Draft released on 7 December 2017. This new policy document

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SC Opens Up Application For New P2P Lending and ECF Players

Tan Sri Ranjit Singh announced that the Securities Commission Malaysia will be widening access to alternative based investing avenues like Peer-to-peer (P2P) lending and Equity Crowdfunding as a part of their continued effort to democratise access to investment and fostering

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Grab Drives Fintech Ambitions with Grab Financial

Following Grab’s previous announcement on GrabPay and acquisition of Kudo, Anthony Tan, Co Founder and Group CEO announced the company’s ambitions to further strengthen their play in the fintech ecosystem through Grab Financial during his keynote at Money 20/20. Grab Financial

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