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    Digital Banking Financial Inclusion Insurtech

    GXBank, Zurich Form 10-Year Partnership to Offer Insurance for Malaysia’s Underserved

    By Fintech News MalaysiaMay 6, 2024

    Malaysia’s first digital bank, GXBank, in collaboration with Zurich General Insurance Malaysia and Zurich Life Insurance Malaysia, has announced a…

    AI Funding

    Microsoft to Build AI Centre in Malaysia as Part of US$2.2 Billion Investment

    By Fintech News MalaysiaMay 2, 2024

    Microsoft has announced a major US$2.2 billion investment in Malaysia, aimed at enhancing the country’s digital and AI infrastructure over…

    E-Wallets Payments

    Touch ‘n Go eWallet Adds Currency Exchange Calculator for Overseas Travellers

    By Fintech News MalaysiaApril 30, 2024

    TNG Digital, the operator of the Touch ‘n Go eWallet, announced that it has introduced a foreign exchange rate calculator…

    Various

    MOF and BNM to Host Global Islamic Economics and Finance Forum in May 2024

    By Fintech News MalaysiaApril 30, 2024

    Malaysia’s Ministry of Finance and Bank Negara Malaysia (BNM) are set to host the Global Forum of Islamic Economics and…

    Insurtech

    PolicyStreet Introduces Professional Liability Coverage for Kiddocare Babysitters

    By Fintech News MalaysiaApril 30, 2024

    Malaysian insurtech company PolicyStreet, in partnership with Kiddocare, a Khazanah-backed on-demand care services platform, has announced a new insurance initiative…

    Islamic Fintech

    SC Malaysia and Islamic Development Bank Partner on Islamic Finance Initiatives

    By Fintech News MalaysiaApril 30, 2024

    The Securities Commission Malaysia (SC) has signed a Memorandum of Understanding (MOU) with the Islamic Development Bank (IsDB) Group to…

    Big Data Digital Transformation

    InterSystems, Imagelink to Upgrade Document Management Systems in Malaysia

    By Fintech News MalaysiaApril 29, 2024

    InterSystems, a data management solutions provider, has announced a partnership with Imagelink Software, a provider of enterprise content management solutions.…

    Digital Banking

    GXBank, Grab to Create 400 Jobs with New Center, Part of RM1.5 Billion Investment

    By Fintech News MalaysiaApril 24, 2024

    GXBank, Malaysia’s first digital bank, has announced plans to establish a Regional Center of Excellence (COE) for Shared Services in…

    WealthTech

    New Maybank Platform Enables Malaysians to Start Investing With RM200

    By Fintech News MalaysiaApril 23, 2024

    Maybank Malaysia has launched a new digital investment platform called Goal-Based Investment, designed to cater to beginners and first-time investors.…

    Payments

    Malaysia’s First JCB Payment Gateway Launched via Soft Space Partnership

    By Fintech News MalaysiaApril 22, 2024

    Malaysian fintech Soft Space and Japanese payments firm JCB International have launched the nation’s first JCB payment gateway. This development…

    Various

    Ant International to Create Over 500 Jobs with New Malaysian Center

    By Fintech News MalaysiaApril 22, 2024

    Ant International, a digital payment and financial technology provider, announced plans to open a new Digital Business Centre in Malaysia…

    Digital Banking

    AEON Bank Gears Up for Q2 Launch of Malaysia’s First Islamic Digibank

    By Fintech News MalaysiaApril 22, 2024

    AEON Bank is poised to launch its Islamic digital banking operations by the end of the second quarter, targeting tech-savvy…

    Lending

    Seedflex Expands Footprint to Malaysia With Seed Funding From 500 Global

    By Fintech News MalaysiaApril 18, 2024

    Singapore-based fintech Seedflex Technologies has launched a new digital financing solution, “Pay-As-You-Sell Advance” (PAYS Advance), in Malaysia, with plans to…

    Various

    EPF Divests Shares in Affin Bank, No Longer a Major Shareholder

    By Fintech News MalaysiaApril 18, 2024

    The Employees Provident Fund (EPF) has divested three million shares in Affin Bank, relinquishing its status as a substantial shareholder,…

    Various

    CIMB Group CEO Dato’ Abdul Rahman Resigns, Poised to Take Helm at PNB

    By Fintech News MalaysiaApril 16, 2024

    CIMB Group announced that Dato’ Abdul Rahman Ahmad will resign as Group CEO effective 30 June 2024, concluding a four-year…

    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…

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