Blog
Deep Dive: Uncovering Short-term Opportunities for Global Banking
The banking sector in Asia Pacific is filled with opportunity in 2022, whilst also facing intensified competition. Rapid infrastructure developments and emerging technologies coupled with the pandemic have accelerated digital adoption across the region. Industry wide initiatives, most notably the
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Fave Taps Former Touch ‘n Go, Boost Exec as Regional Chief Product Officer
Payments platform Fave announced that it has appointed Arvindd Selvaratnam as its Regional Chief Product Officer. Arvindd will be overseeing the company’s regional product roadmap and strategic planning, and will be leveraging various emerging opportunities for Fave in their next
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RHB’s Datathon Ends on a High Note With Over 270 Tech Innovators
RHB Banking Group had recently concluded its RHB ‘Get Your Hack On’: Data Edition 2022 hackathon which focused on driving customer-centric solutions leveraging on data analytics. This follows the success of the inaugural RHB ‘Get Your Hack On’ virtual hackathon
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Malaysian Fintech IIMMPACT Lands US$2 Million Seed Funding From Sequoia India
Malaysian fintech company IIMMPACT announced that it has rasied US$2 million in seed funding from Sequoia India’s Surge, a rapid scale-up programme for startups in Southeast Asia and India. IIMMPACT is Surge’s first startup founded and based in Malaysia and
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India’s Razorpay Acquires Majority Stake in Payments Firm Curlec
Indian payment gateway provider Razorpay announced its first international expansion into Southeast Asia with the acquisition of a majority stake in Curlec, a Malaysian payments firm. Though the amount was not disclosed, Harshil Mathur, CEO and Co-Founder, Razorpay said that
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Boost Forays into Islamic Fintech with New MSME Financing Scheme
Axiata’s fintech arm Boost is offering micro, small and medium enterprises (MSMEs) financing up to RM100,000 financed through its digital lending subsidiary Boost Credit that was formerly known as Aspirasi. ‘Capital Plus’ is a Shariah-compliant micro-financing facility based on commodity
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Fave Appoints Gary Yeoh as New Country Manager for Malaysia
Payments platform Fave announced that it has appointed Gary Yeoh as its Country Manager in Malaysia to oversee the day-to-day business operations. Gary has a broad spectrum of experience across various industries. He was a pioneer of the Berjaya Loyalty
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Malaysia and Indonesia Pilots Phase 1 of Cross-Border QR Payment Linkage
Bank Negara Malaysia (BNM) and Bank Indonesia (BI) has launched a cross-border QR payment linkage to enable instant, secure, and efficient cross-border payments between the two countries. Through this linkage, consumers in both countries will be able to make retail
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Boost Sets Its Sights On BNPL and Southeast Asian Expansion Plans for 2022
Axiata Digital’s fintech arm Boost has its sights expanding its suite of services and deepening its regional presence following a year of growth in revenues and product innovation. Boost reported that its user base grew to over 9.6 million and
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Why Risk-Averse Southeast Asian Banks Should Embrace a ‘Multicore’ Approach
The banking industry is in the midst of a period of intense transformation in Southeast Asia, and indeed the world, driven in part by the pandemic, but also influenced heavily by changing consumer demand and fast-moving technological innovation. Predicting the
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