Blog
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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Maybank Designs Sustainable Product Framework for Group-Wide Implementation
Maybank has designed its own Sustainable Product Framework (SPF) to enable greater development of green, social and sustainable products. The framework will be implemented group-wide across Islamic and conventional products effective 1 September 2022. In keeping with best practices adopted
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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation
Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective of their niche, rely on them to deliver a better user experience to their customers. But what role do data
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BNM Adds Forex Broker OctaFX to Its Consumer Alert List
Bank Negara Malaysia (BNM) has tacked on OctaFX, an online currency trading brokerage, to its Financial Consumer Alert list as of yesterday. The central bank warned consumers that OctaFX is not authorised nor approved under the relevant laws and regulations
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Taiwan’s CTBC Bank Offers Tap-On-Phone Taxi Payments Powered by Soft Space
Taiwan’s CTBC Bank has partnered with Malaysian fintech firm Soft Space to allow its customers to pay their taxi fares through tap-on-phone payments. CTBC Bank’s “Tap to Phone” service leverages Android smartphones with near-field communication (NFC) technology to accept contactless
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ECF and P2P Lending Has Helped Malaysia’s MSMEs Raise Over RM 2.7 Billion in Financing
In Malaysia, business financing through peer-to-peer (P2P) lending and equity crowdfunding (ECF) is on the rise, with a growing number of micro, small and medium-sized enterprises (MSMEs) turning to digital platforms to secure capital, and more investors embracing the trend
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Malaysian Takaful Association Partners With FAOM to Spur Fintech Adoption
The Malaysian Takaful Association (MTA) signed a Memorandum of Understanding (MOU) with the Fintech Association of Malaysia (FAOM) to spur the adoption of fintech among takaful players in Malaysia. MTA said that this strategic initiative supports the 3 third strategic
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