Archive

5 Underdogs in The Malaysian Fintech Scene That Deserves Your Attention

In the past we’ve done several listicles highlighting the top funded fintech companies to the hottest fintech startups to watch. While these list do a decent job in highlighting some of the outstanding fintech players in Malaysia one thing it does

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Students in Malaysia can Pay Tuition Fees now via MOLPay in 7-Eleven Outlets

The success of digital payments at local 7-Eleven stores via MOLPay has proven that such transactions may soon be a lot more commonplace. There are currently over 2,000 7-Eleven stores across Malaysia, making it a more convenient payment solution for

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DuitNow Now Available to 17 More Banks

An additional 17 banks and non-banks will soon launch the DuitNow service as well. Customers wishing to receive DuitNow fund transfers using their mobile number need only perform a simple one-time registration to link their mobile number with their account

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5 Key Trends That Have Emerged in Malaysia’s Banking Scene in 2018

Renowned cosmologist Carl Sagan once said, “You have to know the past to understand the present.” A statement that rings true across all facets of life, as we approach the end of 2018, it’s worthwhile for us to look some

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OCBC’s Fintech Innovation Arm The Open Vault Now Opens in Malaysia

The Open Vault, the FinTech and Innovation unit of OCBC Bank has been officially unveiled in Malaysia. Back in its home ground, its Singaporean counterpart has been known to launch several initiatives such as their mortgage loan chatbot EMMA, a

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Securities Commission and Bank Negara Working to Bring ICOs Under Securities Law

To implement the regulatory framework on digital assets—be it tokens or cryptocurrency—the Bank Negara (BNM) and the Securities Commission Malaysia (SC) will enter into coordination arrangements to ensure compliance with laws and regulations under the purview of both regulators. The SC

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CIMB Takes Vietnam More Seriously with a Second Branch and New Mobile App

CIMB Bank unveiled its first Digital Lounge in Ho Chi Minh City (Saigon), along with the OCTO by CIMB mobile banking app for consumers. Ho Chi Minh City hosts CIMB Bank Vietnam’s first branch following the establishment of its headquarters

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Jirnexu, Malaysia’s Top Funded Fintech Gains Another RM41.7 Mil

Jirnexu just received a US$10 million in its second Series B investment (RM41.7 million), bringing its total funding up to US$27 million. Jirnexu is known for operating RinggitPlus, one of the well-known comparison platforms for products like credit cards, loans

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