Archive

Why Australia is a Great Destination for Malaysian Fintech Startups

When it comes to expansion plans for Malaysian fintech startups, the usual suspects are normally our ASEAN neighbors like Indonesia, Singapore, Philippines and Thailand. One country that is often not considered, but might be worth deeper inspection the next time

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BNM Issues e-KYC Exposure Draft for Money Changers

Following the introduction of e-KYC guidelines for remittance companies in 2017, Bank Negara Malaysia issued an exposure draft which expands similar e-KYC guidelines for money changers in Malaysia. The draft outlines proposed mininum requirements and standards that a licensed money

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CIMB and Axiata Teams up To Offer Financing Solutions to 700,000 SMEs

CIMB Group has entered into a partnership with Axiata Digital Capital to help 700,000 SME customers in Malaysia and Indonesia to access financing solutions. This will be done through Axiata Digital Capital’s micro lending platform, Aspirasi. Victor Lee, CEO Commercial

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Grab Malaysia Launches Daily Insurance for E-Hailing Drivers

Grab Malaysia unveiled a usage-based motor insurance and takaful  for e-hailing driver in Malaysia, Grab Daily Insurance (GDI). Designed in partnership with 14 leading insurers and takaful operators in the country, the innovative product offers driver an accessible, yoption to

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TNG Digital Appoints Ex-Malaysia Airlines Veteran as Its New CEO

TNG Digital a Malaysian e-wallet formed as a result of a joint-venture between  Touch ‘n Go and Ant Financial Group, announced today that it has appointed Ignatius Ong as its new Chief Executive Officer (CEO). Ignatius succeeds Syahrunizam Samsudin, who

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BNM: E-Wallets Need to Move Beyond Cashbacks to Be Sustainable

During his keynote speech at the “Malaysian E-Payments Excellence Awards” Assistant Governor Adnan Zaylani Mohamad Zahid outlined the state of e-payments in Malaysia and the key strategic focus for Malaysia’s payments journey. Some key progress that we’ve made that was

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