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    Digital Banking Funding

    RHB and Boost Holdings Collectively Invest RM9.5 Million in Digital Bank

    By Fintech News MalaysiaApril 16, 2024

    RHB Bank has announced an investment of RM3.8 million to purchase 3.8 million new shares in Boost Bank, in order…

    Insurtech

    Travel Insurance Starting at RM3/Day Now Available on Shopee

    By Fintech News MalaysiaApril 15, 2024

    SeaMoney, the financial arm of Sea Limited, has expanded its insurance offerings in Malaysia by launching a new travel insurance…

    Various

    BNM Orders CIMB and Maybank to Explain Recent Service Disruptions

    By Fintech News MalaysiaApril 11, 2024

    Bank Negara Malaysia (BNM) has ordered CIMB and Maybank to deliver a comprehensive account of the root causes behind the…

    Regtech/Regulation Sponsored

    Unmasking the Deepfake Scam Threat in the Financial Sector of Asia

    By Fintech News MalaysiaApril 9, 2024

    In the contemporary digital world, the proliferation of deepfake technology and generative AI heralds an era fraught with online scam…

    E-Wallets Payments

    Tranglo Enables Direct Payments to Over 30 Global E-Wallets

    By Fintech News MalaysiaApril 8, 2024

    Cross-border payment hub Tranglo has expanded its services to allow instant, direct cross-border payments to over 30 e-wallets worldwide. This…

    E-Wallets Payments

    Touch ‘n Go eWallet to Charge 1% Fee for Overseas QR Payments

    By Fintech News MalaysiaApril 8, 2024

    Touch ‘n Go eWallet will implement a 1% conversion fee for overseas transactions starting 25 April 2024, according to its…

    Various

    Rohit Nambiar Resigns as Group CEO of Tune Protect

    By Fintech News MalaysiaApril 4, 2024

    Rohit Nambiar, the Group Chief Executive Officer of Malaysian insurer Tune Protect has resigned from his position citing personal reasons,…

    Banking

    Standard Chartered’s Axess Academy Prepares Banking Staff for the Digital Age

    By Johanan DevanesanApril 4, 2024

    In an era where the digital revolution is reshaping the landscape of the banking industry, Standard Chartered is looking to…

    Security

    Maybank Halts RM6.4 Million in Potential Scams Through Branch Efforts in 2023

    By Fintech News MalaysiaApril 3, 2024

    Maybank successfully prevented financial losses amounting to RM6.4 million for its customers in 2023, targeting scams executed via its branch…

    Digital Banking

    GXBank Offers Limited-Time 5% Interest on Savings Pockets for Hari Raya

    By Fintech News MalaysiaApril 2, 2024

    Malaysia’s first digital bank, GXBank, has introduced a new incentive for its Savings Pockets customers, offering a 5% per annum…

    AI Lending

    FinDoc and CTOS Join Forces to Leverage AI in Loan Screening for Malaysians

    By Fintech News MalaysiaApril 2, 2024

    Malaysian fintech firm FinDoc and CTOS Data Systems, a local credit reporting firm, have officially partnered to refine loan eligibility…

    Blockchain/Bitcoin WealthTech

    Kapital DX Debuts RM150 Million Tokenised Shariah-Compliant Offering

    By Fintech News MalaysiaApril 2, 2024

    Kapital DX Sdn Bhd (KLDX), a multi-asset fundraising and investment platform, has introduced its inaugural product offering – a RM150…

    Lending

    Jaya Grocer Employees Gain Financial Flexibility with Paywatch’s On-Demand Pay

    By Fintech News MalaysiaApril 2, 2024

    Jaya Grocer, a prominent supermarket chain in Malaysia, has announced a new partnership with Paywatch, a provider of earned wage…

    Various

    Ex-AmBank CEO Datuk Sulaiman Tahir to Lead Bank Pembangunan as New Chairman

    By Fintech News MalaysiaApril 1, 2024

    Bank Pembangunan Malaysia has appointed Datuk Sulaiman Mohd Tahir as its chairman and independent non-executive director, effective 20 March 2024,…

    Digital Transformation Payments

    Ant International Partnership to Boost Digital Growth for Capital A’s Businesses

    By Fintech News MalaysiaApril 1, 2024

    Ant International has teamed up with Capital A, the parent company of AirAsia, to initiate a strategic partnership aimed at…

    Funding Lending

    HSBC ASEAN Growth Fund Targets Scaling Digital Companies with US$1 Billion

    By Fintech News MalaysiaMarch 27, 2024

    HSBC has unveiled a US$1 billion ASEAN Growth Fund that targets six of the region’s most rapidly developing countries, aiming…

    E-Wallets

    Muslims From KL, Penang, and Sabah Can Now Pay Zakat Through Touch ‘n Go eWallet

    By Fintech News MalaysiaMarch 27, 2024

    The Federal Territory Islamic Religious Council (MAIWP) has named TNG Digital, the operator of the Touch ‘n Go eWallet, as…

    Funding Payments

    Soft Space Secures Pre-series C Funding From Japan’s GMO Financial Gate

    By Fintech News MalaysiaMarch 25, 2024

    Malaysian fintech Soft Space has secured an investment from GMO Financial Gate, Inc. (GMO-FG), a major player in Japan’s payment…

    WealthTech

    SC Malaysia’s 2023 Annual Report: 5 Key Fintech Developments You Need to Know

    By Fintech News MalaysiaMarch 25, 2024

    The Securities Commission (SC) of Malaysia today unveiled its annual report for 2023, offering an in-depth analysis of the capital…

    Blockchain/Bitcoin

    Bursa Malaysia Rules Out Offering Crypto on Its Multi-Asset Exchange Platform

    By Fintech News MalaysiaMarch 25, 2024

    Bursa Malaysia has ruled out offering cryptocurrencies on its multi-asset exchange platform, according to a report by the New Straits…

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    How Did 85% of Synthetic Identities Slip Past Third-Party Fraud Models at Onboarding?

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