Blog
Cyberjaya is The First City to Adopt Malaysia’s National QR Payment Standard DuitNow QR
Finance Minister Lim Guan Eng today launched the Cashless Ecosystem for Cyberjaya, a collaboration between Cyberview and PayNet. In a media statement issued to Fintech News Malaysia, Najib Ibrahim, Managing Director of Cyberview shared that Cyberjaya will be the first
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As a Long Time Fintech Observer, I’m Not a Fan of e-Tunai — Here’s Why
In this past couple of days, the e-Tunai programme seems to be all everyone is talking about and understandably so — free money tends to have that effect on people. In case you’re unfamiliar with the Malaysian scene or if
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Top 20 Malaysian Fintechs in 2020
It’s been nearly 3 years now since we last highlighted the best fintech startups that Malaysia has to offer. Since then there have been many players who have come and gone. As we enter 2020, it felt appropriate for us
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Malaysia’s New Regulation Permits Digital Token Offering Through IEOs
Securities Commission Malaysia (SC) today published a regulatory guideline on digital assets that outlines the framework for digital token offerings in Malaysia or more commonly known as ICOs to some. The guideline incorporated feedback received by the regulator following the
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Tranglo to Power WeChat Pay’s Remittance in Hong Kong
Fresh off securing a global cross-border remittance partnership with AliPay, cross border payment specialist Tranglo announced today the support for WeChat Pay Hong Kong’s users to send money to Indonesia and the Philippines. Mobile and electronic payment services in Hong
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KATSANA’s DriveMark Moves Towards Introducing Usage Based Insurance
DriveMark®, a subsidiary under KATSANA announced the pilot launch of “Safe Driving Rebate Program” with the support of Etiqa Insurance and Takaful Ikhlas General Berhad. Intended as a precursor to a full-fledged usage based insurance, the pilot is expected to
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Tranglo Enters Global Cross-Border Remittance Partnership with Alipay
Tranglo through its Singaporean entity has entered into a partnership with Alipay to provide cross border remittance services The company said the deal marked a significant milestone in the company’s history, as it enters a collaboration for the first time
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Funding Societies Optimistic that P2P Financing will Reach RM 1 Billion This Year
2019 was a strong year for Malaysia’s peer-to-peer (P2P) financing industry as total financing increased to RM521 million cumulatively and is expected to continue to thrive in 2020 with RM 1 billion in total financing, according to Funding Societies Malaysia.
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Bank Negara Malaysia Issues Draft Framework for Virtual Banks
Bank Negara Malaysia today issued the exposure draft for the licensing framework for virtual banks. The central bank will be issuing up to five licenses to qualified applicants to establish digital banks to conduct either conventional or Islamic banking business
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5 Biggest Fintech Stories in Malaysia in 2019
We’re only 2 weeks away from 2020, for most Malaysians that grew up during the 80’s and 90’s Wawasan 2020 felt like it was a lifetime away and yet here we are, only a few days away from entering a
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