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Banks Need to Step Up as Fraudsters Target Surge in Digital Adoption by First Time Users
Cyber Security Editor's Pick

Banks Need to Step Up as Fraudsters Target Surge in Digital Adoption by First Time Users

The COVID-19 pandemic has forced organisations and individuals to embrace new practices and move to online channels, bringing with it a significant increase in fraudulent activities. Affirming this situation, cybersecurity firm Kaspersky recorded a 20% increase in the share of account takeover

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AmBank Partners Merchantrade for Hybrid e-Wallet With a Combined Capacity of RM50,000
E-Wallets

AmBank Partners Merchantrade for Hybrid e-Wallet With a Combined Capacity of RM50,000

AmBank has formed a strategic partnership with Merchantrade Asia, a digital money services business operator and e-money issuer, to enable a hybrid e-wallet as part of its fintech initiatives. This follows a similar partnership to launch Kenanga’s e-wallet back in

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Deriv Launches Innovative Tech Graduate Programme – BeSquare
Education Sponsored

Deriv Launches Innovative Tech Graduate Programme – BeSquare

With 22 years’ experience providing financial services across major regions of the world, Deriv has announced the launch of BeSquare, a unique tech graduate trainee programme for IT professionals. The 6-month long programme will be hosted at Deriv’s new premises

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Bursa Malaysia Eyes Opportunities to Collaborate With Fintech Companies
Various

Bursa Malaysia Eyes Opportunities to Collaborate With Fintech Companies

Malaysian stock exchange Bursa Malaysia is seeking to collaborate with fintech companies or other strategic partners in a bid to strengthen its value proposition, increase its agility as well as efficiency. Bursa Malaysia said that such efforts would help the

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Bank Islam Signs on TM ONE as a Digital Partner to Accelerate Its Digital Transformation
Various

Bank Islam Signs on TM ONE as a Digital Partner to Accelerate Its Digital Transformation

Telekom Malaysia Berhad (TM) via its enterprise and public sector business solutions arm, TM ONE, signed a Memorandum of Understanding (MoU) with Bank Islam Malaysia Berhad, for its appointment as a digital partner in realising the latter’s transformational strategy. The

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BigPay Introduces Cash Top Up in All 7-Eleven Stores Across Malaysia
Payments

BigPay Introduces Cash Top Up in All 7-Eleven Stores Across Malaysia

Digital banking aspirant BigPay announced that it is expanding its range of financial services with the launch of cash top up at all 7-Eleven stores across Malaysia. They said that over 1.3 million of BigPay’s Malaysian users can now top

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Tranglo Makes Its Foray Into Africa and Latin America
Payments

Tranglo Makes Its Foray Into Africa and Latin America

Tranglo, a Malaysian cross-border payment specialist, announced 4 new payment corridors in Nigeria, Ghana, Uganda, and Brazil, marking the fintech’s first foray into Sub Saharan Africa and Latin America. Tranglo said that it aims to play its part in lowering

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40 Parties Eyeing Malaysia’s Digital Banking License
Editor's Pick Virtual Banking

40 Parties Eyeing Malaysia’s Digital Banking License

During a virtual press conference today, Bank Negara Malaysia governor, Datuk Nor Shamsiah Mohd Yunus said to reporters that over 40 parties have registered their interest with the central bank to bid for a digital banking license. Malaysia’s digital banking

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Fi Life Partners AXA Affin to Offer Online Medical Insurance
Insurtech

Fi Life Partners AXA Affin to Offer Online Medical Insurance

AXA Affin General Insurance Berhad (AXA) has partnered with Fi Life, a Malaysian insurtech startup, to offer online medical insurance complete with an e-medical card. The products offered by them are SmartCare Optimum and SmartCare Optimum Plus. AXA said that

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InsureTech Connect Asia Launches Its Digital Distribution & Ecosystems Summit
Sponsored

InsureTech Connect Asia Launches Its Digital Distribution & Ecosystems Summit

InsureTech Connect (ITC), one of the largest insurtech gathering, will be presenting the Digital Distribution & Ecosystems: virtual summit on 25th February 2021. The virtual event will dive deep into the key market trends and topics revolving around digital distribution

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