Archive
Public Bank First to Adopt DuitNow QR
DuitNow QR is established under Bank Negara Malaysia’s Interoperable Credit Transfer Framework (ICTF). ICTF mandates that PayNet, as the country’s shared payment infrastructure provider, implement an interoperable and common QR standard for Malaysia. DuitNow QR is an extension of the
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Valyou to Enable In-App Remittance to Western Union Agent Locations
Valyou, fintech subsidiary of Telenor group announced today that its e-wallet has integrated with Western Union to enable its customers in Malaysia to send money to Western Union agent locations across Bangladesh, Indonesia, Philippines, India, Vietnam, Myanmar, Cambodia, China and
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BSN Teams up With Sarawak Pay to Serve Rural Communities in Sarawak
Bank Simpanan Nasional announced today its collaboration with Sarawak Multimedia Authority during the launch of Sarawak Pay, an e-wallet application geared towards serving the rural communities within Sarawak. The state government received Bank Negara Malaysia’s approval to roll-out its e-wallet
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GHL to Offer Installment Payment Solution to 2,000 of Its Online Merchants
GHL Systems Berhad announced today that will be teaming up with Splitit Payments to offer the latter’s installment solutions to 2,000 of its online merchants in Malaysia, Thailand, Indonesia, and Philippines. GHL is one of the top merchant acquirers in
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RHB’s New Credit Card Feature 3-Digit Security Codes That Automatically Refreshes
RHB unveiled today at their press conference, its latest fraud prevention technology for their card users. Partnering with Visa and IDEMIA, their credit card generates dynamic card verification value (CVV) security code on an e-paper mini-screen at the back of
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Bank Islam Announces Two Fintech Partnerships
Bank Islam announced partnership with two fintechs as part of its drive for digital transformation. The partnerships are namely with BerryPay and KiplePay, the e-wallet focused subsidiary of Green Packet Berhad. In said partnership BerryPay will help Bank Islam tap
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iMoney Launches Free Credit Score Tool in Bahasa Malaysia
iMoney has launched the Bahasa Malaysia version of its free credit score tool, iMoney Credit Score. The tool which was launched in late 2018 was initially available only in English. According to their press release this free tool will offer
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5 Ways That 5G Could Shape Fintech in Malaysia
With bold claims like powering self-driving cars and streaming virtual reality, the promise of 5G in Malaysia has captured the imaginations both tech-geeks and casual internet surfers alike. Moving past some of these futuristic claims, just the basic premise of
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Boost May Soon Become a Bank in Malaysia as Axiata Eyes Virtual Banking License
The Axiata Group is seemingly eyeing for Malaysia’s virtual banking license, according to a recent report by The Edge. According to the same report, Khairil Abdullah, CEO, Axiata Digital, said that the group “definitely expressed interest” in a virtual banking
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Here are 5 of The Best E-Wallets in Malaysia (in My Opinion)
You may remember me as the person who complained about e-wallets last year, and later, complaining again about Malaysia’s drive towards cashlessness, which will probably be emboldened by—you guessed it—e-wallets. Do I generally have a skeptical eye on this still trendy bandwagon? Perhaps. After
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