Banking

TM ONE Plays Host to UK Artificial Intelligence Trade Mission

Telekom Malaysia Berhad,  through its business solutions arm, TM ONE, recently hosted an Artificial Intelligence Trade Mission from the UK at the TM ONE Experience Centre, in collaboration with the Department for International Trade (DIT) of British High Commissioner(BHC). 9

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Ambank’s New Fintech Playbook Involves a Chatbot and Robo-Advisors

Since the wave of fintech disruption arrived on the shores of Malaysia several years back, many 1st-tier banks have each responded with their own strategies. Ambank was the only tier-1 bank that has not clearly spelled out their game plan,

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5 Misunderstandings About PayNet’s DuitNow—Answered

Here’s where we stand on this DuitNow function that was launched by PayNet, and will be adopted by 44 banks by 6th December 2018—honestly this should have happened much sooner, and it is a step in the right direction towards

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Accenture: Open Banking in Malaysia Less Comprehensive Than Singapore

Following the rollout of Open Banking regulations in the UK and the launch this year of the EU’s Payment Services Directive 2 (PSD2), countries across the Asia-Pacific region are following suit to establish their own frameworks to enable banks to

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44 Banks Want to Free You From The Hassle of Memorising Account Numbers

Last friday, some of you may have gotten a potentially questionable text from your banks—that your phone number might be integrated with something called ‘DuitNow’, and that you’re given a specific amount of time to opt out. Many Malaysians were

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OCBC Cardholders Lacking Impulse Control Can Now Limit Purchases At Specific Merchants

Individuals with an OCBC credit card and a lack of impulse control have become the bank’s latest market in their newly minted offering. Through a collaboration with Silicon Valley company Ondot, OCBC Bank is allowing its customers the ability to

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Why BNM’s Open API Initiative Could Bring Malaysia’s Fintech into a New Era

Bank Negara Malaysia just released a proposed guideline for Open APIs in Malaysia, and is currently seeking feedback from the public. This follows Bank Negara Malaysia’s announcement earlier this year that it would be setting up an implementation group in the first

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Maybank Launched 3 New Features To Help its 10 Million Users Plan Their Budgets

Maybank announced the launch of their new digital financial planning tool on it’s online banking website, Maybank2u. The new tool is geared at helping their customers plan their savings, monitor their insurance and keep updated on their financial situation. Commenting

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Malaysians Can Now Link Their Hong Leong Debit Cards to WeChat Pay

Malaysians who own a Hong Leong debit card can now start treating the freshly-launched WeChat Pay as their extended Hong Leong account, with the announcement of a new partnership between the e-wallet and the bank. Now, users can link their

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CTOS To Enable Real-Time Credit Decisions For Banks

Malaysia’s credit reporting agency CTOS recently launched a solution to enable banks to make real time credit decisions. This solution will allow banks to integrate its existing system into the CTOS Application & Decisioning solution to draw data and insights into

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