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    Digital Transformation

    Why eKYC is Key To Unlocking Malaysia’s Digital Banking Revolution

    By Vincent FongSeptember 5, 2019

    I’ve moderated and sat in a fair number of fintech panel discussions over the years, a question that is…

    E-Wallets Payments

    kiplePark to Enable Cashless Parking Using Only Your Car Plate Number

    By Fintech News MalaysiaAugust 29, 2019

    kiplePark, a wholly-owned brand of Green Packet Berhad, announced the launch of their license plate recognition (LPR) technology which they…

    E-Wallets Payments

    XOX Mobile To Launch Mastercard Enabled E-Wallet Soon

    By Fintech News MalaysiaAugust 29, 2019

    XOX Mobile an MNVO operator is the latest in the long line of companies joining the e-wallet game in Malaysia.…

    Payments

    JomParking Enables GrabPay as Payment Option

    By Fintech News MalaysiaAugust 28, 2019

    Jom Parking a startup that enables digital payments for on-street parking has announced that their app now supports GrabPay as…

    Digital Banking

    Labuan Grants China Construction Bank Approval to Conduct Digital Banking Activities

    By Vincent FongAugust 27, 2019

    Labuan Financial Services Authority (Labuan FSA) has granted its approval for China Construction Bank Corporation Labuan Branch (CCBL) to conduct…

    Lending WealthTech

    P2P Financing Platform Fundaztic Launches Capital Protection Scheme

    By Vincent FongAugust 27, 2019

    Fundaztic a peer to peer (P2P) financing platform approved by the Securities Commission Malaysia announced today the introduction of Principal…

    Payments

    Selangor Launches All-in-One Digital Payments Platform CEpat

    By Vincent FongAugust 21, 2019

    The Selangor government announced today the launch of a digital payments platform dubbed Citizens Electronic Payments Platform (CEpat). CEpat is intended…

    Payments

    MyPay Launches its Government Digital Payments Platform

    By Fintech News MalaysiaAugust 16, 2019

    Home-grown tech company Dapat Vista announced the official launch of its government e-payments service, MyPay. They first announced their foray…

    Various

    ASEAN Needs to Address Several Gaps to Be at the Forefront of Fintech

    By Fintech News MalaysiaAugust 15, 2019

    Experts in both the public and private sectors all agreed that ASEAN stands to be at the forefront of the…

    Digital Banking

    CIMB’s Virtual Bank in Philippines Secures Half a Million Customers in 6 Months

    By Fintech News MalaysiaAugust 14, 2019

    CIMB announced that its virtual bank that was launched earlier this year have secured 500,000 customers, approximately six months after…

    Lending

    GHL to Offer Lending Services in Malaysia and Thailand

    By Fintech News MalaysiaAugust 13, 2019

    GHL announced today that they have obtained their operating licences from the respective regulators in Malaysia and Thailand to commence…

    Australia

    Why Australia is a Great Destination for Malaysian Fintech Startups

    By Vincent FongAugust 13, 2019

    When it comes to expansion plans for Malaysian fintech startups, the usual suspects are normally our ASEAN neighbors like Indonesia,…

    Regtech/Regulation

    BNM Issues e-KYC Exposure Draft for Money Changers

    By Vincent FongAugust 13, 2019

    Following the introduction of e-KYC guidelines for remittance companies in 2017, Bank Negara Malaysia issued an exposure draft which expands…

    Lending

    CIMB and Axiata Teams up To Offer Financing Solutions to 700,000 SMEs

    By Fintech News MalaysiaAugust 9, 2019

    CIMB Group has entered into a partnership with Axiata Digital Capital to help 700,000 SME customers in Malaysia and Indonesia…

    Insurtech

    Grab Malaysia Launches Daily Insurance for E-Hailing Drivers

    By Fintech News MalaysiaAugust 7, 2019

    Grab Malaysia unveiled a usage-based motor insurance and takaful  for e-hailing driver in Malaysia, Grab Daily Insurance (GDI). Designed in…

    E-Wallets Payments

    TNG Digital Appoints Ex-Malaysia Airlines Veteran as Its New CEO

    By Fintech News MalaysiaAugust 5, 2019

    TNG Digital a Malaysian e-wallet formed as a result of a joint-venture between  Touch ‘n Go and Ant Financial Group,…

    E-Wallets Payments

    BNM: E-Wallets Need to Move Beyond Cashbacks to Be Sustainable

    By Vincent FongAugust 1, 2019

    During his keynote speech at the “Malaysian E-Payments Excellence Awards” Assistant Governor Adnan Zaylani Mohamad Zahid outlined the state of…

    Payments

    Public Bank First to Adopt DuitNow QR

    By Fintech News MalaysiaJuly 31, 2019

    DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF). ICTF mandates that PayNet, as the country’s…

    E-Wallets Payments

    Valyou to Enable In-App Remittance to Western Union Agent Locations

    By Fintech News MalaysiaJuly 23, 2019

    Valyou, fintech subsidiary of Telenor group announced today that its e-wallet has integrated with Western Union to enable its customers…

    E-Wallets Payments

    BSN Teams up With Sarawak Pay to Serve Rural Communities in Sarawak

    By Fintech News MalaysiaJuly 23, 2019

    Bank Simpanan Nasional announced today its collaboration with Sarawak Multimedia Authority during the launch of Sarawak Pay, an e-wallet application…

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