Blog
Al Rajhi Malaysia Taps AWS to Power Its Newly-Launched Digital Bank Rize
Al Rajhi Bank Malaysia announced that Amazon Web Services (AWS), an Amazon.com company, will be powering its newly-launched digital bank Rize. The bank said that it will be migrating its key information technology (IT) infrastructure to AWS by 2026. Additionally,
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Tune Protect Ties up With bolttech to Offer Device Protection Services
Insurtech firm bolttech has partnered with digital lifestyle insurer Tune Protect Group to launch device protection solutions and support services in Malaysia. The device insurance coverage is underwritten by Tune Protect Malaysia, providing protection for cracked screens, accidental and liquid
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Pet Insurtech Oyen Records RM100M Coverage, Eyes Southeast Asia Expansion
Oyen, a Malaysian digital-first pet healthcare insurance provider, has provided RM100 million worth of protection and revamped its brand with a new look. Additionally, the insurtech has also rolled out a new travel insurance product for people and incorporated it
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Malaysia and Singapore’s QR Code Payments Linkage Has Gone Live
The cross-border QR code payment linkage between Singapore and Malaysia has gone live, enabling customers of participating financial institutions to make payments by scanning NETS QR and DuitNow QR codes. This will support in-person payments through the scanning of physical
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Here’s a Snapshot of the Newly Released BNM Annual Report for 2022
Bank Negara Malaysia (BNM) released its Annual Report 2022 yesterday to detail its key initiatives in fulfilling its mandates to promote monetary and financial stability conducive to the sustainable growth of the Malaysian economy. Here are five key highlights from
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Navigating Asia Pacific’s Identity Fraud Landscape
Have you ever watched the chilling cult classic “Invasion of the Body Snatchers”? The 1950s alien takeover movie is best remembered for evoking paranoia about the faceless evil lurking within society. Now, 70 years later, this invasion may be more
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BNM Seeks Public Feedback on Two Key Enhancements to Its Regulatory Sandbox
Bank Negara Malaysia (BNM) is inviting feedback on its proposal to make several enhancements its existing Financial Technology Regulatory Sandbox Framework. The central bank said that the enhancements are focused at ensuring proportionate regulatory facilitation and improving operational efficiency of
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Mobilewalla LendBetter: The Future of Lending for New-To-Credit Prospects
Financial inclusion and credit access are essential for driving economic growth and improving livelihoods in numerous emerging markets, including South Asia. However, extending credit to underbanked and unbanked populations comes with inherent risks, especially when dealing with new-to-credit customers who
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Key Highlights From Securities Commission Malaysia’s Annual Report 2022
The Securities Commission Malaysia (SC) has released its annual report for 2022 which highlights its efforts in promoting market integrity, investor protection, and the development of the Malaysian capital market. The SC Chairman, Dato’ Seri Dr. Awang Adek Hussin, said
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Luno’s COO James Lanigan Will Now Serve as the New CEO
Digital asset exchange Luno announced that its Chief Operating Officer James Lanigan who has been with the company for five years will now serve as its CEO. Meanwhile, Co-founder and existing Chief Executive Officer Marcus Swanepoel will be moving into
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