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GHL to Offer Installment Payment Solution to 2,000 of Its Online Merchants

GHL Systems Berhad announced today that will be teaming up with Splitit Payments to offer the latter’s installment solutions to 2,000 of its online merchants in Malaysia, Thailand, Indonesia, and Philippines. GHL is one of the top merchant acquirers in

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RHB’s New Credit Card Feature 3-Digit Security Codes That Automatically Refreshes

RHB unveiled today at their press conference, its latest fraud prevention technology for their card users. Partnering with Visa and IDEMIA, their credit card generates dynamic card verification value (CVV) security code on an e-paper mini-screen at the back of

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Bank Islam Announces Two Fintech Partnerships

Bank Islam announced partnership with two fintechs as part of its drive for digital transformation. The partnerships are namely with BerryPay and KiplePay, the e-wallet focused subsidiary of Green Packet Berhad. In said partnership BerryPay will help Bank Islam tap

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iMoney Launches Free Credit Score Tool in Bahasa Malaysia

iMoney has launched the Bahasa Malaysia version of its free credit score tool, iMoney Credit Score. The tool which was launched in late 2018 was initially available only in English. According to their press release this free tool will offer

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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

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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

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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

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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

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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

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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

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