Archive

Why BNM’s Open API Initiative Could Bring Malaysia’s Fintech into a New Era

Bank Negara Malaysia just released a proposed guideline for Open APIs in Malaysia, and is currently seeking feedback from the public. This follows Bank Negara Malaysia’s announcement earlier this year that it would be setting up an implementation group in the first

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Meet the 10 Companies Selected for Supercharger’s 2nd Fintech Accelerator Programme

The second edition of the 12-week SuperCharger FinTech Accelerator Programme has begun. Launched at the Securities Commission Malaysia, ten international scale-ups from six countries were announced as part of the cohort for this year’s programme According to Supercharger, this is

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13 Industry Leaders’ Predictions About Where Malaysian Fintech is Headed

SuperCharger, a fintech-focused accelerator operating in KL and Hong Kong have come out with the first of their first Malaysian Fintech Ecosystem report outlining the uniquely Malaysian situations that shape the ecosystem here–particularly regarding trends and potential in the space.

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Users Can Finally Pay Tolls with the TNG E-Wallet, but It’s Not Available to Everyone Yet

In Malaysia’s crowded e-wallet space, it is becoming increasingly difficult to carve a niche with each player pursuing similar strategies of giving cash backs and merchant discounts. Among Malaysia’s over 30 players, Touch ‘n Go has an upper hand that

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Maybank Launched 3 New Features To Help its 10 Million Users Plan Their Budgets

Maybank announced the launch of their new digital financial planning tool on it’s online banking website, Maybank2u. The new tool is geared at helping their customers plan their savings, monitor their insurance and keep updated on their financial situation. Commenting

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PolicyStreet Buddies Up With MDEC to Curate Affordable Insurance for Freelancers

KK Fund recipient PolicyStreet announced that they have signed a Memorandum of Understanding (MoU) with MDEC in a bid to provide affordable and customisable insurance to gig workers, like freelancers and those who make their living on the sharing economy–ride-sharing drivers

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LaVida Coin Ordered to Cease Activities by Securities Commission

The Securities Commission Malaysia (SC) has issued a notice for Dato’ Vida’s LaVida Coin to cease all promotional activities with immediate effect. This news follows the regulator’s previous announcement that it was reviewing LaVida Coin for possible breach of securities

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90% of Affordable Home Loans Are Rejected, So Here’s How Loanplus Aims to Help

There’s a housing crisis in Malaysia, and as of recent years has only grown worse. A contentious study released by Bank Negara Malaysia revealed that from 2016 to early 2017, only 24% of new property launches were in the range

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14 Key Fintech Investors in Malaysia You Should Know About

With a regulator that has been described as open to innovation and disruption, a maturing tech scene,  a mobile-friendly population, and a financial scene rife with incumbent and outdated technology, there is definitely a lot of potential in this region

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FAOM Teams Up with RAMCI to Provide Easier Access to Credit Data

The Fintech Association of Malaysia (FAOM) recently signed an MOU with RAMCI. The agreement will see both parties collaborating in providing preferential rates for RAMCI’s products and services to FAOM’s members. Members of the FAOM will be able enjoy a 20%

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