Blog

UOB Malaysia Partners SJPP to Provide RM1 Billion in Green Financing to SMEs

UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP) to launch the U-Green Financing programme, which will support small and medium-sized enterprises (SMEs) in embracing sustainability. The bank has allocated RM1 billion for this programme, and SJPP will be

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Luno Malaysia to Add Cardano (ADA) and Solana (SOL) to Its Platform

Digital asset exchange Luno will be adding two cryptocurrencies to its platform: Cardano (ADA) on 21 September 2022 and Solana (SOL) on 6 October 2022. This comes after the addition of Chainlink (LINK) and Uniswap (UNI) earlier this year, bringing

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BNM Approves UOB’s Acquisition of Citi’s Consumer Banking Business in Malaysia

UOB Malaysia and Citi Malaysia have received regulatory approval from Bank Negara Malaysia (BNM) for UOB’s acquisition of Citi’s consumer banking business in the country. Following the approval, both sides will apply for a vesting order from the High Court

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Data Enrichment Key to Enhancing Accuracy of AI Models in Fintech

Data enrichment, the process of enhancing internal data with relevant, contextual data obtained from external sources, is critical for financial services companies looking to get the most out of their investments in artificial intelligence (AI), allowing them to build more

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Heitech Padu-Backed tekkis Launches eKYC and Payments Solution

eKYC company tekkis, backed by HeiTech Padu Berhad, launched two software solutions called t-Pay and t-Verify to enable businesses to collect payments and onboard verified customers through no-code payment links and embedded identity verification. t-Pay can be integrated into any

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Boost Launches Brand Refresh; Hints at Larger Wallet Size

Boost has launched its refreshed brand, along with an update on future plans. The refreshed brand introduces refined visual elements and a new “Be Unstoppable” tagline. Boost’s brand refresh is the next phase of the company’s repositioning exercise that started

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Worldline’s Ingenico and GHL’s Paysys Pair Up to Tackle the Malaysian Payment Market

French and Malaysian payment solution providers Ingenico and Paysys have signed an agreement to combine their business strengths to address the Malaysian payment market. Ingenico is part of the Worldline group, while Paysys is a wholly owned subsidiary of GHL

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BigPay Further Enhances Its Newly Launched Goal-Based Savings Offering

BigPay, a Capital A venture company, has introduced enhancements to its recently launched goal-based savings offering – Stashes. Through its Round-Up feature, users can opt to round up their transactions to the nearest Ringgit to be automatically put into the

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Versa Asia Raises an Eight-Figure Funding Round

Versa Asia, a Malaysian digital cash management platform, announced that it had secured an 8-figure funding round. Details of the investment was not disclosed. This funding round was led by Hibiscus Fund, a venture capital fund managed by RHL Ventures

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Reinventing How FIs Interact With Their Customers Using Digitalisation

Consumer digital adoption and expanding regulatory frameworks in APAC present significant prospects for digital banking. COVID-19 has enhanced this potential by boosting digital adoption and highlighting the paths to digital banking growth. Building and developing a digital bank successfully necessitates

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