Archive

Change the World of Retail Banking Through HSBC Openlab Innovation Challenge

From now until June 2019, HSBC Bank Malaysia Berhad is hosting the first ever HSBC Openlab Innovation Challenge to attract new talents, startups, designers, digital innovators and developers from all industries with innovative digital ideas to solve real-life retail banking

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HelloGold Teams up with Curlec to Automate Monthly Gold Investments

HelloGold and Curlec announced today that they will be joining forces to automate monthly investments for HelloGold’s customers. Curlec’s Direct Debit solution will be deployed for HelloGold’s SmartSave program; a program that enables its users to buy gold at the

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Soft Space Co-Founder’s New Proptech Startup Raises RM 5 Million in Seed Fund

DAX Venture is the latest startup to throw its hat into Malaysia’s burgeoning proptech scene. It announced today that they have successfully raised RM 5 million in seed funding for its subsidiary RentDax. The company is co-founded by successful fintech

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RHB Aims to Double Mobile Banking Users with New App

RHB Bank announced the launch of their brand new mobile banking app today. From first impressions, the new app appears to sleeker and have a more intuitive UI. Dato’ Khairussaleh Ramli, Group Managing Director, RHB Banking Group shared that with

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Forex Vs Stock Trading

Beginners and experienced traders are provided with a wealth of options to choose: how to trade, where to trade and what to trade. Starting the way on the exchange, traders often have to make a choice between the stock market

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5 Things MDEC is Doing to Bring Fintech in Malaysia to the Next Level

The Malaysian fintech scene has grown considerably since its early days. Our 2018 Fintech Report shows that the number of fintech companies operating in Malaysia has more than doubled compared to its previous year. This should come as no surprise

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Touch ‘N Go Partners Up With Singapore’s EZ-Link to Issue a Multi-Currency Joint Card

Due to a variety of reasons, Singapore’s EZ-Link and Malaysia’s Touch ‘n Go cards are synonymous with travel in their respective countries. With travel across the causeway so common among residents of both, it is about time for a new

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Just What Are We Going to Do With Bank Branches?

  Branch banking is dead. A statement that we’ve heard probably a million times or more. The very same statement that normally comes accompanied with the cause of death and murder weapon being shifting demographics and digital technologies. A quick

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MoneyMatch Becomes One Step Closer to Being the First to Graduate BNM’s Sandbox

MoneyMatch announced today they have been granted an approval in principle for a Class B remittance license from Bank Negara Malaysia. This makes MoneyMatch the first to receive an approval in principle among its sandbox peers, two of which has

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Five Percent Growth Predicted for Malaysia’s Economy This Year

The latest paper published by MIDF Research indicates that the medium term future is looking rosy for Malaysia’s burgeoning economy. The Kuala Lumpur based research house predicts the overnight policy rate to hold steady at 3.25 percent into 2020 and

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