Archive
FICO: Malaysians More Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians
FICO, a global analytics software firm, has released its Consumer Digital Banking Survey which found Malaysian consumers are more comfortable opening bank accounts on their smartphones than consumers in the US and Canada. The study showed that 23 percent of
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CapBay Partners With TheLorry to Offer Financing for SME Lorry Drivers
CapBay, P2P Supply Chain Financing platform registered with Securities Commission Malaysia, announced a collaboration with TheLorry their “Express Financing” Program. The program is said to be tailored to the logistics industry and is aimed at increasing accessibility of digital financing
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APAC Banks Are Backing Open Banking, but What Does ‘Open’ Really Mean?
A survey launched this week by Finastra revealed that close to 100% of financial institutions in Singapore and Hong Kong think Open Banking is important, with two thirds in Singapore calling it a “must have”. Open Banking has not only
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Razer Fintech and Google Partners for Offline Payments
Razer Fintech has announced that Google Play Store consumers can make offline-to-online (O2O) payments through its Razer Cash solution. With Razer Cash, Google Play Store customers can have the added option of purchasing Google Play in-app items and topping up
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Digi Partners With AXA AFFIN to Offer a Pre-Paid Internet Plan That Comes with Insurance
Digi together with AXA AFFIN Life Insurance is offering Digi Abadi, Malaysia’s first of its kind prepaid internet plan that comes bundled with free life insurance cover. This prepaid plan that they described as “limited edition” is an effort by
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eToro Added to Securites Commission’s Investor Alert List of Unauthorised Entities
Following a statement from Securities Commission Malaysia on Tuesday which warned investors that eToro is not a licensed or a registered entity that is permitted to carry out regulated activities in Malaysia, the regulator has added the digital trading platform
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Soft Space First to Join Visa’s Fintech Fast Track Program in Malaysia
Visa announced today that Soft Space is joining Visa’s Fintech Fast Track program, becoming the first Fintech partner to do so in Malaysia. The Fintech Fast Track program allows Fintech partners to build and deliver new commerce experiences on Visa’s
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How COVID-19 Has Forced Insurers to Rethink Digital
We’re living in a once in a generation health crisis. Millions of people worldwide have been affected by the coronavirus pandemic, and many have been left jobless and many more will be feeling the impact for several years to come.
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How Past Lessons in Digital Payments Can Help Banks Navigate in the New Normal
The past couple of decades have seen a complete upheaval in where we buy things and how we pay for them. New technologies have led to huge shifts in consumer behavior and expectation, while businesses have benefitted from faster and
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Securities Commission: eToro is Not Licensed to Operate in Malaysia
In a press statement announcing the extension of their commission-free stocks offering to clients in Asia-Pacific, eToro shared that 11% of their customers in Malaysia. In response to Fintech News Malaysia’s clarification of the eToro’s legality to operate in Malaysia,
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