Blog
Meet the Team Launching a Crypto Exchange During the COVID-19 Pandemic
The cryptocurrency market sure has come a long way from its very tumultuous year of 2019 when the then Finance Minister Lim Guan Eng announced new regulations that meant crypto exchanges operating with prior approval from Securities Commission Malaysia may
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Riding the Cloud to the Bank of the Future
Shifts in consumer behaviour towards digital services are resulting in monumental changes for the banking industry. Highly anticipated digital banking licenses will be awarded in Singapore and Malaysia this year, while the first of the winners of Hong Kong’s new
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Securities Commission to Allow for E-Wallets to Sell Capital Market Products; TNG eWallet Welcomes the Move
The Securities Commission Malaysia (SC) announced today that it will facilitate the online distribution of capital market products such as unit trusts, through e-Services platforms like e-wallet or e-payment service providers. The Guidelines on Recognized Markets has been amended to
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microLEAP Partners with Masryef Management House to Launch Shariah-Compliant P2P Financing
Microleap PLT, a P2P (Peer-to-Peer) financing operator which manages microLEAP, has partnered with boutique Shariah advisor, Masryef Management House, to launch its Shariah-compliant investment notes. Based on principles of Commodity Murabahah, Masryef Management House ensures that the Islamic funds raised
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Japan’s JCB Taps on Soft Space’s Expertise to Power its Tap on Mobile Contactless Payment
JCB, Japan’s international payment brand, is leveraging Malaysia’s Soft Space’s technological expertise to develop the Tap on Mobile programme that capitalises on the wide availability of Android smartphones equipped with NFC (near-field communication). The programme enables merchants to accept card
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Sunway Group Eyeing Digital Banking License via Acquisition of Credit Bureau Malaysia
Sunway Berhad, via its 100% owned subsidiary, Sunway Holdings, is acquiring a 51% stake in Credit Bureau Malaysia. Upon completion of the acquisition, Credit Guarantee Corporation Malaysia Berhad (CGC) and Sunway Holdings will be the two shareholders of Credit Bureau
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Alibaba Cloud Launches USD 30 Million Global SME Enablement Program
Alibaba Cloud, the data intelligence backbone of Alibaba Group, today launched a Global SME Enablement Program to provide cloud technology relief worth more than USD 30 million to new and existing small and medium-enterprise (SME) customers around the world and
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Singapore’s FOMO Pay Expands into Malaysia Through OCBC Partnership
FOMO Pay, Singapore-based digital payment and digital banking solution provider, partnered with OCBC Malaysia to develop OCBC OneCollect as its first merchant cross-border QR code collection service. This service allows any account holder of Singapore’s PayNow participating banks to make
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AXA AFFIN Life Organizes COVID-19 Crowdfunding Campaign to Help Frontliners
Following the outbreak of COVID-19 pandemic, the Personal Protective Equipment (PPE) used by frontline personnel was reported to upsurge by two to ten times, resulting in a major shortage of PPE supply. In response to the distress over the PPE
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Gig Economy Challenge: How Can We Solve Pressing Issues Faced By Gig Workers?
The importance of the gig economy has always seen a steady growth trajectory, but nothing has made its importance clearer to everyone than the COVID-19 pandemic — from delivering essential services to providing side income for those affected. Which is
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