Blog
At the Cusp of a BaaS Revolution, Here Are Some of the Challenges
The future of finance is open, and the rise of Banking-as-a-Service (BaaS) means this future is closer than ever. The BaaS industry is quickly maturing, with 88% of senior APAC executives – in industries from banking and technology to healthcare
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Affin Bank Partners MYTHEO to Offer Robo-Advisory for the Mass Affluent
Affin Bank announces that it has formed a collaboration with GAX MD (MYTHEO), a robo-advisor regulated by the Securities Commission Malaysia. MYTHEO is an algorithm-driven and automated discretionary investment portfolio management services powered by Artificial Intelligence (Al). This collaboration is
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CTOS Ties up With PolicyStreet to Offer Car Insurance and Road Tax Renewal
CTOS Digital, through its subsidiary company, CTOS IDS, is expanding its range of services with the launch of CTOS Car Insurance, an online platform for car insurance and road tax renewal in collaboration with local insurtech firm PolicyStreet.com. This latest
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RHB Expands Dr. Siew’s Role as Its Group Chief Strategy and Innovation Officer
RHB Banking Group announced that it has appointed Dr. Siew Chan Cheong as its Group Chief Strategy and Innovation Officer, an expansion to his previous role of Group Chief Strategy Officer. This is in line with RHB’s drive to boost
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5 BFSI Cybersecurity Trends in APAC You Need to Know in 2022
The rise of digital banking and accelerated digital transformation have brought about new security concerns. Criminals are turning their attention to gullible online users, creating ever-so sophisticated scamming schemes to defraud them. At the enterprise level, threat actors are opportunistically
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Fintech Association of Malaysia Names Policystreet Co-founder as New President
The Fintech Association of Malaysia (FAOM) has elected Wilson Beh as the new president of FAOM for its 2022/2023 term at its recent fifth Annual Grand Meeting (AGM). Wilson is the Co-founder of Malaysian based insurtech firm PolicyStreet and was
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Bursa Partners CIMB to Boost ESG Adoption Among Malaysian Listed Companies
Bursa Malaysia and CIMB Group has entered into a Memorandum of Understanding (MoU) to accelerate the adoption of environmental, social and governance (ESG) practices among Malaysian Public Listed Companies (PLCs) through the #financing4ESG initiative. Through this MoU, CIMB will become
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RHB Ties up With MPay to Offer QR Payments for Businesses
RHB Banking Group has established an affiliate partnership with ManagePay Services (MPay) to provide contactless payments for businesses This partnership leverages on Application Programming Interface (API) to enable the bank’s micro, small and medium enterprises (MSMEs) and corporate customers to
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Top 5 Funded Fintechs in Malaysia
The Malaysian fintech industry boasts a wide and diverse ecosystem comprising more than 230 companies. However, despite having one of Southeast Asia’s largest fintech ecosystems by the number of active fintech companies, funding activity has remained rather timid, with just
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Banks Need to Avoid Risks of a Big Bang Transition When They Digitise
The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the
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