Blog
MoneyMatch Completes RM 1 Million Shariah-Compliant Note on MicroLEAP
Malaysian fintech startup MoneyMatch announced today a strategic and multi-pronged partnership with microLEAP, a Shariah-compliant and Conventional P2P (Peer-to-Peer) Financing Platform, regulated by the Securities Commission of Malaysia. This strategic partnership will entail both MoneyMatch accessing microLEAP’s strong base of
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HSBC Malaysia Unveils In-App Investment Dashboard
HSBC Malaysia has recently enhanced its mobile app with a new feature, a “Wealth on Mobile” dashboard so customers can to invest and track their portfolios at the tap of a button. The mobile wealth dashboard provides a snapshot of
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MoneyLion’s Foong Chee Mun Becomes First Malaysian Fintech Founder on NYSE
After the completion of MoneyLion’s public listing on the NYSE, the company’s co-founder Foong Chee Mun becomes the first Malaysia fintech founder to be on the New York Stock Exchange. Foong who also serves as MoneyLion’s CTO announced plans to
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AirAsia’s Digital Arm Earns Unicorn Badge in Record Time, Says Tony Fernandes
Multinational low-cost airline AirAsia has been recognised as one of three Malaysian unicorns according to a report by Credit Suisse. The other two Malaysian unicorns are car e-commerce platform Carsome and Axiata’s Edotco, a regional integrated telecommunications infrastructure services company,
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PNB’s Amanah Saham Rolls Out Digital Onboarding for Investment App
Amanah Saham Nasional Berhad (ASNB), the wholly owned unit trust management company of Permodalan Nasional Berhad (PNB), announced the launch of its mobile registration and digital onboarding feature (e-KYC), as well as a new goal-based investing function in the myASNB
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4 Priorities for Banks to Secure Digital and Mobile Channels
During the pandemic, the number of data breaches has increased drastically: cyberattacks targeting banks have even grown by 238 percent. This fraud surge goes hand in hand with the growing use of the mobile and digital banking channels. While this trend
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GrabPay Enhances Online Payments Security With Biometrics
GrabPay announced that it has recently strengthened its safety and security features designed to protect its users from fraud and security risks. The in-app wallet of superapp Grab has multi-layer security features will enable users to perform real-time digital transactions
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Bank Islam Takes Over BIMB’s Listing on Bursa Malaysia
Bank Islam Malaysia has become the first full-fledged Islamic financial institution to be listed in the main market of Bursa Malaysia today, taking over the listing status from BIMB Holdings Berhad (BHB). The listing marks the completion of the BHB
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Merchantrade Partners MCIS Life to Launch Micro Insurance With Celcom
Merchantrade Asia, a Malaysian money services business provider, has partnered with MCIS Insurance (MCIS Life) for a life insurance plan along with Celcom Axiata. This launch is part of the Perlindungan Tenang Voucher Programme (PTV) is an initiative by the
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SC Issues Cease and Desist to Rimau Swap for Illegally Operating a DEX
Following information received from the public, the Securities Commission Malaysia (SC) has issued a cease and desist order to RimauSwap for operating a Decentralized Exchange (DEX) without authorisation from the SC. The SC will also seek the assistance of the Malaysian
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