Blog
Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector
The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by advisory
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Ethis and Gobi Partners to Set Up Shariah-Compliant US$20 Million Seed Fund
Ethis Group, an ethical investment and social finance platform operator, is collaborating with venture capital firm Gobi Partners to structure and set up a US$20 million Shariah-compliant seed fund. The fund, which is targeted to have its first closing by
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Alternative Lenders Are on the Rise to Plug the Financing Gap for SMEs
In Singapore, small and medium-sized enterprises (SMEs) are struggling to secure sufficient financing from traditional lenders, with most still largely relying on their personal networks to support their business, findings from a new study by cloud banking startup Mambu show.
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BigPay Rolls Out Cash Pickup Services in Indonesia and the Philippines
BigPay, a Capital A venture company, announced the launch of its Cash Pickup services in Indonesia and the Philippines, as an added feature to its existing remittance feature. The Cash Pickup feature is available to all BigPay users in Malaysia
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Luno First in Malaysia to Get SC Approval to Offer LINK and UNI Trading
Digital asset exchange Luno today announced that it is the first to be approved by the Securities Commission Malaysia to offer Chainlink (LINK) and Uniswap (UNI) for trading on its platform. Users can now buy, sell and store LINK and
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UOB Finlab’s Jom Transform Accelerator to Focus On Women-Led SMEs This Year
UOB Malaysia and The FinLab announced the launch of the fourth edition of its innovation accelerator Jom Transform Programme (JTP) which will be conducted virtually on The FinLab Online. The FinLab Online is a regional digital platform launched on 17
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StashAway Launches Flexible Portfolios to Give Its Investors More Control
Southeast Asian digital wealth manager StashAway launched Flexible Portfolios, its first product in Malaysia that offers investors the choice to customise their portfolios. Flexible Portfolios allows investors to pick the asset classes they want, decide their exact allocations, and change
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airasia Rolls Out Its Own E-wallet “airasia pocket” Developed With Fasspay
The “airasia Super App” has rolled out its e-wallet “airasia pocket” to create a seamless in-app payment experience that is available to all of its users in Malaysia. airasia pocket enables users to reload and make payments for all the
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Global Fast Track 2022 Eyeing Applications From Malaysia
Invest Hong Kong (InvestHK) has announced the launch of Global Fast Track 2022, a programme that helps fintech companies leverage the unique advantages of Hong Kong to scale in Asia while building a solid foundation for long-term growth. Returning for
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BNM Doubles Down on Efforts to Combat Evolving Financial Fraudsters
Bank Negara Malaysia (BNM) steps up collaboration with banks and law enforcement agencies to combat the rapidly evolving threat financial fraudsters. The central bank said that it requires all licensed banks to adopt high standards of security, particularly for internet
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