Archive

SoCash’s Latest Partnership to Enable ATM-Free Cash Withdrawals at 10,000 Location

soCash a Singaporean fintech startup that enables users to withdraw cash from retailers, has announced their partnership in Malaysia with Angkatan Koperasi Kebangsaan Malaysia Berhad (Angkasa) to establish ATM free cash withdraw at services operated by Malaysian cooperatives. SoCash’s services

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PayNet Teams up With NETS to Enable Cross Border Debit Card Payments, QR Payments is Next

PayNet and it’s Singaporean counterpart NETS announced today the launch of a real-time cross-border payments using MyDebit ATM cards in Singapore and vice versa. Currently, MyDebit cards are accepted through the NETS network of merchants at Bugis Village which is,

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DuitNow QR Gains Traction as Fave Becomes The Latest to Adopt the National Payment QR

Paynet and Fave announced today that FaveBiz is the first non-bank merchant acquirer to offer DuitNow QR, Malaysia’s national QR payments standard. This news follows Public Bank and GrabPay who were the first bank and e-wallet respectively to adopt the

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RHB Facilitates Adoption of Boost e-Wallet at Government Clinics

RHB Islamic Bank announced today that they have collaborated with Boost and the Ministry of Health Malaysia to enable e wallet payments within government clinic. Under this partnership, RHB is the main banker for MOH in managing collection and payment

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Sedania Launches Islamic Financial Marketplace Assidq.com

Sedania As Salam Capital Sdn Bhd, a wholly-owned subsidiary of Sedania Innovator Berhad, has announced the launch Assidq.com, an Islamic online marketplace. The online marketplace facilitates the customer’s Islamic financial needs through a personalised profile check with approval and disbursements.

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Prudential Partners Boost for Digital Payments

Prudential announced today a partnership with Boost to enable e-wallet payments for Prudential’s customers. Through this partnership the insurer’s customers can now opt to use Boost as a payment option on Prudential’s website. This payment option is made available for

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Soft Space Lands Partnership in Thailand to Drive Cashless Push

Soft Space and its Thai-based partner Digio announced Thursday that they landed a partnership with interbank payment provider, Processing Center Company (PCC), Thailand’s PayNet equivalent. The solution, dubbed “FLite” will be deployed by one of PCC’s shareholder banks and the

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Insurtech Startup Fi Life Introduces New 20 Year Level Term Life Insurance Policy

Fi Life announced today that it has added a new 20-year level term life insurance policy to its current suite of life insurance policies. This level term policy is underwritten by Tokio Marine Life Insurance Malaysia Bhd. The company said

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TransferWise Launches in Malaysia, Open to Partnership with E-Wallets

Following the news of TransferWise securing their remittance license from Bank Negara Malaysia in June 2019, the international remittance company announced that they have officially launched their operations in Malaysia today. Speaking at the launch Taavet Hinrikus, Co- Founder and

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Funding Societies Teams with Carsome to Offer USD $200m Financing to Car Dealers

Funding Societies Malaysia, the largest peer-to-peer (P2P) financing platform in the country and Southeast Asia, has announced its partnership with Carsome, one the region’s largest used car trading platform to offer dealer financing, a financing product offered to local car

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