Blog
Gary Yeoh Joins Atome Malaysia as GM After a Short Stint at Fave
Buy now, pay later (BNPL) platform Atome announced the appointment of Gary Yeoh as its General Manager. With over 20 years’ experience in retail and financial and payment sectors, Gary will be instrumental in spearheading Atome’s growth in Malaysia. Prior
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Apple Pay Makes Its Debut in Malaysia
Apple announced that its customers in Malaysia can now use Apple Pay with their iPhone, Apple Watch, iPad, and Mac. Merchants such as KFC, Maxis, Machines, McDonald’s, Mydin, Pizza Hut, Starbucks, U Mobile, Uniqlo, Village Grocer, and Watsons — and
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MOF, BNM, SC Task Force Seeks Feedback for BNPL Regulation
The Consumer Credit Oversight Board Task Force today issued the Consumer Credit Act consultation paper, the new act seeks to regulate and consolidate all consumer credit activities under its umbrella, and to promote fair lending and responsible conduct by credit
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BigPay Adds New Remittance Corridors in 38 Countries Across the UK and Europe
BigPay, a Capital A venture company, announced that it has added 38 new countries to its international remittance services. This includes England, Northern Ireland, Scotland, and Wales in the United Kingdom, and 34 countries in Europe, including France, Germany, Italy,
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Rise of Super-Apps Puts Pressure on Incumbents
In Asia, bigtechs and new digital banking challengers are rapidly gaining ground, forcing incumbent banks to rethink their business strategy and become a part of the super-app ecosystem, a new report by Finextra, in association with Infosys Finacle and OneSpan,
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SC Invites Feedback on Tech Risk Management Framework for Capital Markets
The Securities Commission Malaysia (SC) has published a consultation paper and is seeking the public’s feedback on a proposed regulatory framework relating to the management of technology risks by capital market entities. The proposed regulatory framework for technology risk management
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Bank Islam Selects Cloud Provider AWS to Power Its “Be U” Digital Bank
Bank Islam has selected Amazon Web Services (AWS), an Amazon.com company, as its preferred cloud provider to power its Be U digital bank. The bank is building Be U through its Centre of Digital Experience (CDX), an independent division which
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Razer Merchant Services Partners Atome to Offer Its Merchants BNPL Acceptance
Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has partnered with Singaporean buy now, pay later (BNPL) platform Atome to enable flexible deferred payment acceptance during checkout for its online and offline merchants. To pay, users first have
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4 Ways Alternative Data Is Improving Fintech Companies in APAC
Various categories of fintech firms – Buy Now, Pay Later (BNPL), digital lending, payments and collections – are increasingly leveraging predictive models built using artificial intelligence and machine learning to support core business functions such as risk decisioning. According to
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CIMB Partners With Fave to Offer BNPL Services to Its Over 8 Million Cardholders
CIMB Bank has partnered with Southeast Asian payments platform Fave to offer buy now, pay later (BNPL) services to its customers. The offering is aimed at providing shoppers with access to an alternative and flexible payment option and connect merchants
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