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Razer Pay Will Be Launching Visa-Powered Prepaid Cards to Accompany its E-Wallet

Razer, the gaming equipment brand turned mobile wallet has announced a partnership with Visa with the hopes of “transforming payments in the gaming industry”—specifically by incorporating Visa’s scale and reach to the Razer Pay e-wallet. Basically, Razer’s fintech arm, aptly

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Insurance Comparison Sites Will Soon Be Regulated by Bank Negara Malaysia

Insurance and takaful aggregation business will be regulated by Bank Negara Malaysia as a new category of registered business under the Financial Services Act 2013 (FSA). According to Bank Negara Malaysia’s press statement, once this comes into effect insurance and

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Malaysia’s Virtual Banking Framework Nearly Complete

Following the earlier virtual banking announcement by Bank Negara Malaysia Governor, Datuk Nor Shamsiah, it was revealed to the press at MyFintech Week 2019, that the framework is 50% ready. BNM’s financial development and innovation department director Suhaimi Ali said

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MoneyMatch Announced As First To Graduate BNM’s Sandbox at MyFintechWeek

It’s official, MoneyMatch is now the first to graduate Bank Negara Malaysia’s regulatory sandbox. This was announced during a session titled “Thinking Inside the Sandbox” at MyFintech Week 2019 jointly organised by Bank Negara Malaysia and MDEC. This announcement follows

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TransferWise Secures Remittance License in Malaysia

TransferWise has successfully obtained a remittance license from Bank Negara Malaysia (BNM). With this license, TransferWise will launch remittances from Malaysia in 2019. Prior to the license TransferWise customers can send money to Malaysia, but not from. With the launch

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UOB’s New Programme Aims to Drive Digital Adoption Among Malaysian SMEs

UOB Malaysia announced today, the launch of Jom Transform, a programme aimed at helping SMEs adopt digital technology to drive productivity and growth. The Jom Transform programme is run by The Finlab, an innovation accelerator under UOB, which first launched

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Bursa Just Launched a Mobile App for Investors That Would Like to Manage Their Stocks Around The Clock

Bursa Malaysia, the country’s national stock exchange incorporated in 1976, just launched Bursa Anywhere, a mobile app for individual investors to access a variety of central depository services (CDS) on the fly. Bursa claims that theirs is one of the

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PolicyStreet Secures Approval from Bank Negara to Conduct Financial Advisory

PolicyStreet announced today that it has obtained approval from Bank Negara Malaysia to conduct financial advisory. With this approval, PolicyStreet can source, aggregate, compare, customise and finally advise consumers and businesses on the best insurance products that meet their needs.

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HelloGold Launches Their Gold-Based Savings App in Thailand

HelloGold, a gold-based savings platform, announced yesterday its expansion into the Thailand market. This news comes on the heels of their recent expansion in to Africa. Similar to its rallying call in Malaysia of investing into gold with as little

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3 Effective Ways to Make Money Online

Making money from the comfort of your own home is something of a dream for many of us. Especially when there’s enough money to live off comfortably. However, when you look into the available options to make money online, you

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