Archive
Banking Partnerships in Malaysia are Moving Beyond Fintech
Several years ago when the fintech wave began hitting the shores of Malaysia, several Malaysian banks like Maybank, RHB, and CIMB each launch their own accelerator programmes to partner up with fintech companies. Some time around last year, the banks
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OCBC Partners up with P2P Lender Fundaztic to Enhance Financing Access for SMES
OCBC Bank and Fundaztic, P2P lending platform licensed by the Securities Commission have entered into a collaborative agreement to enhance access to financing for micro, small and new businesses which forms the largest base of SMEs in the country currently
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FICO Powers Credit Guarantee Corporation’s (CGC) SME Lending
Malaysia’s Credit Guarantee Corporation (CGC), a government and commercial enterprise joint venture, has used FICO’s decision management technology to improve its ability to judge the creditworthiness of small businesses so it can provide them with loans. This direct lending is
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Bank Negara Malaysia Confirms Datuk Nor Shamsiah As Its New Governor
Following Bank Negara Malaysia’s previous announcement of Tan Sri Muhammad Ibrahim’s resignation as the governor, reports have confirmed that Datuk Nor Shamsiah will be appointed as the new governor of Bank Negara Malaysia and that the appointment has been approved
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8 Reasons Why Fintech Startups Fail
Fintech startups are multiplying and as we hear a lot about the successful ones, we often forget that it is not an easy task to turn a project or idea into a successful venture, and that, no matter how disruptive
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Hendra Lembong Replaces Olivier Crespin as CIMB’s Chief Fintech Officer
CIMB has appointed Hendra Lembong as Chief Fintech Officer with effect from 1 June 2018. Hendra will be replacing Olivier Crespin who hired in 2017 to head the newly set up fintech dedicated unit, CIMB Fintech.CIMB FinTech was launched in
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RHB Insurance Mobile App Enables Customers to Purchase Policy in 3 Minutes
RHB Insurance Berhad (“RHB Insurance”) launches “RHB Insurance Mobile App”, which enables its customers to purchase motor insurance policy and road tax with just a single end-to-end mobile enabled application. RHB Insurance Mobile App, allows users to complete the purchase
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One of India’s Largest Financial Comparison Site Goes Live in Malaysia’s Crowded Market
BBazaar Malaysia today announce that its website is fully live in Malaysia. BankBazaar, BBazaar Malaysia’s parent company, is among the leading financial comparison sites in India. They boast over 300 million visitors to its site and has facilitated over 1.5
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Got a Fintech Idea? Alpha Startups: Fintech Edition Wants to Help You Make It a Reality
Got a fintech idea you’re dying to turn into reality? 1337 Ventures, in collaboration with MDEC and InnoStart Capital, will be launching their accelerator programme, Alpha Startups: Fintech Edition, this July. The Alpha Startup: Fintech Edition, which runs quarterly, accepts
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Maybank Ranks Highest in Auto Financing Customer Satisfaction
A recent study conducted by research firm J.D Power shows that Maybank ranks highest with an overall satisfaction score of 77.3%. CIMB Bank is a close second with a score of 77% followed by Hong Leong Bank 75.6% who ranks third in
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