Blog
Grab’s PayLater Extended to Non-Active Users, Can Now Be Used in Physical Stores
Superapp Grab has added updates to its “buy now, pay later” (BNPL) feature PayLater by extending the payment option to in-store purchases. With this extension, shoppers now have more flexibility to pay for their purchases over time. Additionally, Grab will
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AEON’s Digibank ACS Digital Confirms Raja Teh Maimunah as CEO Ahead of 2023 Launch
Islamic digital bank consortium ACS Digital Berhad has appointed Raja Teh Maimunah Raja Abdul Aziz as its Chief Executive Officer effective today onwards. The official announcement confirms Fintech News Malaysia’s report on her appointment in October. Prior to joining the
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PolicyStreet Digitises Insurance Processes for foodpanda’s Delivery Partners
foodpanda has tied up with insurtech platform PolicyStreet to digitise the insurance processes for tens of thousands of its delivery partners’ to close the protection gap among gig workers. Through PolicyStreet’s latest digital solution– the Gig Workers’ Claims Portal, delivery
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Fundaztic Raises RM16 Million in Less Than Two Weeks on pitchIN
Peoplender, the company behind the Fundaztic P2P financing platform, has raised more than RM16 million on Malaysian equity crowdfunding platform (ECF) pitchIN’s platform. According to pitchIN, the campaign was oversubscribed in less than 2 weeks and is one of the
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5 Interesting New Details in BNM’s New Digital Insurance & Takaful Draft Framework
On Friday, Bank Negara Malaysia (BNM) issued its exposure draft for digital insurance and takaful operators (DITO) for written feedback following the issuance of the Discussion Paper in January this year. As part of the licensing application process, BNM will
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SC Consolidates All Shariah Rules on Islamic Capital Market Products and Services
The Securities Commission Malaysia (SC) has issued new guidelines on Islamic Capital Market Products and Services (ICMPS Guidelines) to further enhance the Shariah governance framework for the Islamic capital market. This will be the central source of reference on all
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Finastra Bets Big on APAC With New Center of Excellence at MRANTI Park
Financial services software and cloud solutions provider Finastra has established a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park. MRANTI Park, located at Bukit Jalil in Kuala Lumpur, is a hub for technology innovation, commercial adoption, and scientific
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OCBC Malaysia Appoints Veteran Banker Tan Chor Sen as New CEO
OCBC Malaysia has appointed Tan Chor Sen as its CEO with effect from 1 January 2023 to succeed Dato’ Ong Eng Bin who will stay on as an adviser after his retirement. Tan has been with OCBC Bank in Singapore
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Security Bank Philippines Taps Malaysia’s Consolsys to Automate Its Branches
Security Bank Philippines has partnered with Malaysian banking automation company Consolsys to revamp its branch experience. The partnership will enable Security Bank to transition its current branch banking management system to a cloud-based omni-channel platform. This includes the replacement of
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Crowdfunding Platform Fundnel Launches Its Refreshed Brand Alta in Malaysia
Singapore-based equity crowdfunding platform Alta, previously known as Fundnel, has announced the official launch of its refreshed brand in Malaysia. The announcement follows Alta’s acquisition of private digital securities exchange Hg Exchange (HGX) in November this year. The launch will
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