Blog
Razer Fintech Acquires Indonesian Digital Payments Firm E2Pay
Razer Fintech, the financial technology arm of Razer, announced the acquisition of PT E2Pay Global Utama (E2Pay), an Indonesian B2B2C digital payment facilitators and e-money player. Founded in 2012, E2Pay provides a breadth of payment solutions to merchants and financial
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SME Lending in APAC Is the Major Opportunity for Banking-as-a-Service
Opportunities are endless with Banking-as-a-Service (BaaS), and nowhere is this more true than in Asia Pacific (APAC). Banks in the region, particularly in hubs like Singapore and Hong Kong, have embraced and become leaders in open banking, automated services, ever-improving
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UNODC Picks Malaysia for Its First Crypto Analysis Lab in South East Asia
The United Nations Office on Drugs and Crime (UNODC) and the Royal Malaysia Police (RMP) have jointly opened Southeast Asia’s first Cryptocurrency Analysis Laboratory in Kuala Lumpur. The laboratory will facilitate RMP’s operation in conducting investigation and analysis of cryptocurrency-related
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Here’s How Malaysia Is Stepping Up Our ESG Efforts
In Malaysia, banks are stepping up in their journey into more sustainable financing and operating practices, making efforts to integrate environmental, social and corporate governance (ESG) considerations into their governance, business strategy, operations and risks management. Consulting firm PwC conducted
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Versa Launches Affordable Investment Product From RM100
Versa Asia, a Malaysian digital cash management platform, announced that it is expanding its product range to introduce “Versa Invest” to offer affordable wealth management in partnership with Affin Hwang Asset Management (AHAM). Versa Invest offers three different types of
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8 Financial Processes Poised for Digital Transformation
COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their businesses functional despite social distancing restrictions. Now, with more and more people relying on digital solutions for interactions and transactions,
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Tune Protect Malaysia Names Veteran Banker Jubin Mehta as Its New CEO
Tune Protect Malaysia, the general insurance arm of Tune Protect Group, announced the appointment of Jubin Mehta as its Chief Executive Officer effective 5 May 2022. The group said in a statement that Jubin will be responsible for transforming Tune
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Why B2B Payments Is The Next Big Domino in APAC’s Fintech Innovation Wave
In the midst of the Covid-19 pandemic, a 2020 McKinsey report projected that Asia’s payments sector would be well positioned to exceed US$1 trillion in annual revenue by 2022 or 2023, despite also forecasting a temporary 1-8% decline in Asia’s 2020
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KAF Names Cradle Fund’s Rafiza Ghazali as CEO of Its Islamic Digital Bank
KAF Investment Bank announced that it has appointed Rafiza Ghazali as the CEO of its Islamic digital bank. The KAF-led Islamic digital banking consortium comprising MoneyMatch, Carsome and Jirnexu had won one of the five digital bank licenses from Bank
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Grab Financial Group Unveils Its New Brand “GrabFin”
Southeast Asian fintech platform Grab Financial Group (GFG) announced that it will be launching GrabFin, a new brand for its digital payments, insurance, lending and wealth management offerings. GrabFin offers Grab users a single entry point to access payment, investment
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