Blog
BNM and PayNet Joins Project Nexus for Faster, Cheaper Cross-Border Payments
Bank Negara Malaysia (BNM) and Payments Network Malaysia (PayNet) will be participating in Project Nexus by collaborating with international partners on a proof-of-concept (PoC) to improve the cost and speed of cross-border payments. Project Nexus will explore the feasibility of
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iPay88 Partners Atome to Expand BNPL Acceptance to Its Merchants in Malaysia
Regional payment gateway provider iPay88 announced that it has formed a partnership with buy now, pay later (BNPL) platform Atome. This enables iPay88 to expand BNPL acceptance across its merchant touchpoints in Malaysia. The move is timely as BNPL is
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MicroLEAP to Disburse RM10 Million Islamic Financing for MDEC’s Agtech Programme
Shariah-compliant P2P (Peer-to-Peer) financing platform microLEAP has announced their collaboration with Bank Pembangunan Malaysia Berhad (BPMB) to finance Malaysia Digital Economy Corporation’s (MDEC’s) Digital Agtech Programme. The programme has been allocated with RM10 million in Shariah-compliant microfinancing for Malaysia’s agriculture
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How Public Cloud is Accelerating the Success of Fintech in Malaysia
The digital economy is expected to contribute 22.6% to the country’s gross domestic product (GDP), according to the Malaysia Digital Economy Blueprint (MyDIGITAL). In preparing Malaysia to become a technology-based economy, developments in the Malaysian fintech space have been supported
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Malaysian Crypto Startup Torum Secures Investment from KuCoin
Torum, a crypto startup who describes itself as a SocialFI Metaverse ecosystem for cryptocurrency users and projects announced today that they have secured a undisclosed sum of strategic investment from KuCoin Labs, the US$ 50 Million incubator and research of
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Bank Negara’s MyFintech Week Builds Momentum for January 2022 Kick-off
Bank Negara Malaysia (BNM) announced that it is organising the second edition of MyFintech Week 2022 (MyFW 2022) virtually from 24 to 28 January 2022 and is expecting more global participation. With the theme ‘Advancing Digitalisation for Recovery, Sustainability and Inclusion,
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Tranglo Launches New Payment Corridor to Mongolia
Tranglo, a cross-border payment firm, has announced the launch of its brand new payment corridor to Mongolia. The company said in a statement that it will aim to improve the cross-border payment services in Mongolia via a single connection to
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Kenanga Investors Launches Fund Focused on Global Tech Firms for Retail Investors
Kenanga Investors Berhad has announced the launch of the “Kenanga Sustainability Series: Frontier Fund” with an initial offer period is from 27th October through 3rd December 2021. The fund feeds into the Ericsenz Frontier Fund and is suitable for sophisticated
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Touch ‘N Go eWallet to Roll Out Prepaid Card With Visa by 2022
Touch ‘n Go has partnered with Visa to develop a prepaid card solution tied to its e-wallet which is expected to be available to users in 2022. The Touch ‘n Go-Visa Prepaid Card will enable the e-wallet to offer additional
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Thai Payments Gateway Omise Rolls Out in Malaysia
Omise, a Thailand-based payments gateway for businesses in Southeast Asia and Japan, announced that it has officially launched in Malaysia as part of the company’s ongoing expansion roadmap across the region. As a registered merchant acquirer regulated by Bank Negara
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