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    Digital Transformation

    UOB and The Finlab Selects 16 Local SMEs for Their Jom Transform Programme

    By Fintech News MalaysiaSeptember 24, 2019

    United Overseas Bank (Malaysia) Bhd (UOB Malaysia) today announced the 16 businesses selected to participate in The FinLab’s Jom Transform…

    Payments

    BigPay Announces the Launch of Remittance Services

    By Fintech News MalaysiaSeptember 23, 2019

    BigPay, Air Asia Group’s fintech focused company announced today the launch of their international remittance service, which enables users to…

    Payments

    70% of Malaysians Prefer to Visit Shops that Accept Digital Payments, Visa Study Says

    By Fintech News MalaysiaSeptember 19, 2019

    Digital payments are becoming the payment method of choice in Malaysia, with 70 percent of consumers preferring to visit merchants…

    Banking

    Public Bank Launches New Mobile Banking App With DuitNow’s Universal QR

    By Vincent FongSeptember 12, 2019

    Public Bank released yesterday its new mobile banking app named PB Engage MY on Google Playstore and Apple App Store.…

    Blockchain/Bitcoin

    CoinGecko Releases “Trust Score 2.0” to Improve Transparency Amongst Crypto Exchanges

    By Fintech News MalaysiaSeptember 11, 2019

    Building upon the success of Trust Score, CoinGecko today announced Trust Score 2.0, which will bring about a more robust…

    Digital Banking

    Malaysian Banks Don’t Spend Enough on Tech — At Risk of Disrupted by Virtual Banks

    By Vincent FongSeptember 10, 2019

    A recent report by S&P Global outlining the future outlook for Malaysia’s financial services sector highlighted that Malaysian banks are…

    Blockchain/Bitcoin

    Malaysia Still Behind International Counterparts On Blockchain Patents

    By Fintech News MalaysiaSeptember 6, 2019

    As blockchain and distributed ledger technology (DLT) move from their open source and peer-to-peer beginnings and enter the mainstream, companies…

    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…

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