Blog
5 Ways That 5G Could Shape Fintech in Malaysia
With bold claims like powering self-driving cars and streaming virtual reality, the promise of 5G in Malaysia has captured the imaginations both tech-geeks and casual internet surfers alike. Moving past some of these futuristic claims, just the basic premise of
Read More
Boost May Soon Become a Bank in Malaysia as Axiata Eyes Virtual Banking License
The Axiata Group is seemingly eyeing for Malaysia’s virtual banking license, according to a recent report by The Edge. According to the same report, Khairil Abdullah, CEO, Axiata Digital, said that the group “definitely expressed interest” in a virtual banking
Read More
Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)
You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive towards cashlessness, which will probably be emboldened by—you guessed it—e-wallets. Do I generally have a skeptical eye on this still trendy bandwagon? Perhaps. After
Read More
Grab and 4 Malaysian Banks Considering Virtual Banking License
A recent report by The Edge identified 5 parties open to applying for Malaysia’s virtual banking license, they are namely — Grab, CIMB, Affin, Hong Leong and Ambank. Of the parties reportedly open to it only Grab and Affin seem
Read More
Soft Space Powers Maybank’s Tap2Phone Payments Solution
Maybank in collaboration with Visa Malaysia and powered by Soft Space launched their mobile payments app for merchants, Tap2phone. This new service, enables them to accept card payments from customers by using the app on their mobile phones without the
Read More
Kuwait Finance House First to Adopt MoneyMatch’s Enterprise Solution
MoneyMatch and Kuwait Finance House (KFH) today announced a strategic collaboration to provide cross-border payments for KFH’s customers. This partnership marks MoneyMatch’s maiden entry to provide enterprise solutions via its newest product BankFX. According to their press release Kuwait Finance
Read More
More Than Half of Hong Leong’s Customers are Now Digital
Hong Leong revealed today at their media briefing, a growing customer adoption of its digital platforms. They shared that over 64.4% of its customers are now utilising digital and mobile platforms for banking transactions as at the end of 2018,
Read More
Funding Societies Teams Up with Lazada to Provide Financing for Online Merchants
Funding Societies Malaysia, the largest digital Peer-to-Peer (P2P) financing platform in the country, announced today its partnership with Lazada Malaysia to offer short-term financing, e-commerce financing, for merchants selling on Lazada platform. A reflection of Funding Societies and Lazada’s mutual
Read More
Silverlake Teams Up with Japanese Fintech to Launch Robo Advisor
Silverlake Digital INX Sdn Bhd, a member of Silverlake Group, and Japanese fintech Money Design Co., Ltd. today announced the launch MYTHEO, a robo advisory service offered through a joint-venture company, GAX MD Sdn. Bhd. Silverlake is a name that
Read More
Touch ‘N Go E-Wallet Introduces Money-Back Guarantee Function
The Touch ‘n Go e-wallet has just announced a money-back guarantee, one of the first few to do so for mobile payments in Malaysia. The money-back guarantee policy is exclusive to the e-wallet app. Through this policy, users of the
Read More