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    Security

    Malaysian Minister Azalina Proposes ‘Kill Switch’ Legislation to Halt Online Scams

    By Fintech News MalaysiaFebruary 27, 2024

    The Malaysian government is deliberating on introducing new legislation for a ‘kill switch’ that would empower authorities to instantly halt…

    Payments

    Malaysia and Cambodia Regulators Ink MoU on Cross-Border QR Payments

    By Fintech News MalaysiaFebruary 27, 2024

    The central banks of Malaysia and Cambodia have formalised a partnership aimed at advancing financial innovation and streamlining cross-border payment…

    Blockchain/Bitcoin

    TRM Labs Plays Role in Malaysian Police’s Crack Down on US$2.5M Crypto Fraud

    By Fintech News MalaysiaFebruary 26, 2024

    Malaysian authorities apprehended three individuals connected to a cryptocurrency fraud scheme, accused of misappropriating over US$2.5 million in digital currencies…

    Funding

    SC and Bursa Malaysia to Shorten IPO Approval Timeline to 3 Months

    By Fintech News MalaysiaFebruary 26, 2024

    The Securities Commission Malaysia (SC) and Bursa Malaysia have announced a new initiative to expedite the approval process for initial…

    Various

    SFA Initiative ‘Project Tapir’ Connects Singaporean Fintechs with Malaysian VCs

    By Fintech News MalaysiaFebruary 26, 2024

    The Singapore Fintech Association (SFA) has initiated Project Tapir, a collaborative effort with Malaysian venture capital firms Artem Ventures and…

    Digital Banking

    You Can Now Register Your Interest for AEON Bank – M’sia’s First Islamic Digibank

    By Fintech News MalaysiaFebruary 22, 2024

    AEON Bank has officially opened registration for those interested in joining Malaysia’s first Shariah-compliant digital bank. The entity was the…

    Various

    Maybank Reshuffles Management Team to Drive Growth

    By Fintech News MalaysiaFebruary 21, 2024

    In a strategic management reshuffle at Maybank, Datuk Muzaffar Hisham is slated to become the Group CEO of Islamic Banking…

    Digital Banking

    GXBank Now Offers Physical Debit Cards to All Customers

    By Fintech News MalaysiaFebruary 21, 2024

    GXBank, Malaysia’s first digital bank and a subsidiary of Singapore’s GXS Bank, announced that it has begun offering its physical…

    Funding

    Maybank Announces RM18 Billion SME Financing Plan for 2024

    By Fintech News MalaysiaFebruary 20, 2024

    Maybank has announced its plans to disburse approximately RM18 billion in SME financing for the year 2024, according to Bernama.…

    Personal Finance Mgt (PFM) WealthTech

    New Raiz App Update Allows Children to Learn Budgeting, Saving, and Investing

    By Fintech News MalaysiaFebruary 19, 2024

    Raiz, a joint venture company between Raiz Invest Australia and Permodalan Nasional Berhad (PNB), is introducing an updated version of…

    Digital Banking Insurtech

    Vircle Taps PolicyStreet to Offer Child Insurance Plan Tied to Its Visa Card

    By Fintech News MalaysiaFebruary 19, 2024

    Malaysian insurtech company PolicyStreet and Vircle, a Malaysian neobanking service provider for kids, have joined forces to launch “Vircle Club…

    Digital Banking Funding

    RHB Invests RM8.6 Million in Boost Bank, Maintains 40% Stake in Digibank

    By Fintech News MalaysiaFebruary 19, 2024

    RHB Bank has further invested RM8.6 million in Boost Bank, subscribing for an additional 8.6 million shares to maintain its…

    Digital Transformation Financial Inclusion

    Maybank Islamic, TM Bridge Digital Divide for MSMEs With 5G Mobile Banking Bundle

    By Fintech News MalaysiaFebruary 15, 2024

    Maybank Islamic in collaboration with Telekom Malaysia (TM) has launched the “Go Niaga” mobile business banking bundle for MSMEs, according…

    Blockchain/Bitcoin

    Luno Users Can Now Verify Their Crypto Holdings With Proof of Reserves Reports

    By Fintech News MalaysiaFebruary 15, 2024

    Luno, a regulated digital asset exchange in Malaysia, has announced a new initiative aimed at bolstering transparency for its users…

    E-Wallets Payments

    KTM Now Accepts E-Wallets, Debit and Credit Cards Across 80 Stations

    By Fintech News MalaysiaFebruary 8, 2024

    The Malaysian Transport Ministry, led by Minister Anthony Loke, officially inaugurated the new open payment system for the Keretapi Tanah…

    Various

    SC Malaysia Fast Tracks Market Entry Process for Capital Market Players

    By Fintech News MalaysiaFebruary 6, 2024

    The Securities Commission Malaysia (SC) has stepped up to expedite the market entry process for Capital Market Intermediaries (CMIs) and…

    Blockchain/Bitcoin

    Gambit Custody Names Melvyn Ho as New Co-Founder and COO

    By Fintech News MalaysiaFebruary 6, 2024

    Gambit Custody has announced the appointment of Melvyn Ho as its new Co-founder and Chief Operating Officer in a bid…

    E-Wallets Payments Security

    Touch ‘n Go eWallet Offers Soundbox to Help Merchants Fight Scams From RM10/Month

    By Fintech News MalaysiaFebruary 6, 2024

    TNG Digital has launched a new Soundbox device aimed at protecting merchants from payment scams through the Touch ‘n Go…

    WealthTech

    SC Malaysia Broadens Sophisticated Investor Criteria to Include Knowledge, Experience

    By Fintech News MalaysiaFebruary 6, 2024

    The Securities Commission Malaysia (SC) has expanded its definition of sophisticated investors, aiming to make the capital market more accessible.…

    Banking

    BSN Releases myBSN, Its First Mobile App For Retail Customers

    By Fintech News MalaysiaFebruary 5, 2024

    After years of a web-only myBSN online banking portal, Bank Simpanan Nasional (BSN) has finally released the myBSN mobile app…

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