Archive
Silverlake Teams Up with Japanese Fintech to Launch Robo Advisor
Silverlake Digital INX Sdn Bhd, a member of Silverlake Group, and Japanese fintech Money Design Co., Ltd. today announced the launch MYTHEO, a robo advisory service offered through a joint-venture company, GAX MD Sdn. Bhd. Silverlake is a name that
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Touch ‘N Go E-Wallet Introduces Money-Back Guarantee Function
The Touch ‘n Go e-wallet has just announced a money-back guarantee, one of the first few to do so for mobile payments in Malaysia. The money-back guarantee policy is exclusive to the e-wallet app. Through this policy, users of the
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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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