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    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…

    Lending Payments

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

    By Fintech News MalaysiaJuly 23, 2019

    GHL Systems Berhad announced today that will be teaming up with Splitit Payments to offer the latter’s installment solutions to…

    Payments

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

    By Vincent FongJuly 22, 2019

    RHB unveiled today at their press conference, its latest fraud prevention technology for their card users. Partnering with Visa and…

    Banking

    Bank Islam Announces Two Fintech Partnerships

    By Fintech News MalaysiaJuly 19, 2019

    Bank Islam announced partnership with two fintechs as part of its drive for digital transformation. The partnerships are namely with…

    Various

    iMoney Launches Free Credit Score Tool in Bahasa Malaysia

    By Fintech News MalaysiaJuly 16, 2019

    iMoney has launched the Bahasa Malaysia version of its free credit score tool, iMoney Credit Score. The tool which was…

    Digital Transformation

    5 Ways That 5G Could Shape Fintech in Malaysia

    By Vincent FongJuly 12, 2019

    With bold claims like powering self-driving cars and streaming virtual reality, the promise of 5G in Malaysia has captured the…

    Digital Banking E-Wallets

    Boost May Soon Become a Bank in Malaysia as Axiata Eyes Virtual Banking License

    By Vincent FongJuly 9, 2019

    The Axiata Group is seemingly eyeing for Malaysia’s virtual banking license, according to a recent report by The Edge. According…

    E-Wallets Payments

    Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)

    By Fintech News MalaysiaJuly 8, 2019

    You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive…

    Digital Banking

    Grab and 4 Malaysian Banks Considering Virtual Banking License

    By Vincent FongJuly 4, 2019

    A recent report by The Edge identified 5 parties open to applying for Malaysia’s virtual banking license, they are namely…

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