Archive
Maybank Expects eDuit Raya Transactions to Grow 30% for Hari Raya in the New Normal
Maybank is foreseeing a spike in festive giving via its online platform this year as Malaysians celebrate Hari Raya under a “new normal”. Datuk Hamirullah Boorhan, Maybank’s Head of Community Financial Services Malaysia says that the Bank is expecting a
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4 Things to Know Before Building a Virtual Bank in Malaysia
Ever since Hong Kong issued 8 virtual banking licenses in 2019, regulators from around the region are clamoring to each introduce their own framework. Malaysia is, of course, no exception. Bank Negara Malaysia Governor Nor Shamsiah announced last year that
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11% of eToro’s Asia Pacific Customers Are From Malaysia
Multi-asset investment platform eToro has announced that it will extend its commission-free stocks offering to clients in Asia-Pacific, effective immediately. The zero-commission offering for Asia Pacific clients applies to all stocks on its platform that are traded on the Nasdaq
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Boost Introduces New Low-Cost Contactless Payment Solutions for Merchants
The COVID-19 health crisis has been very tough on businesses especially SMEs and micro-businesses. With the government’s Movement Control Order (MCO) being put into effect many micro- and small-business owners who run cash-based businesses faced the risk of shuttering due
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Huawei Cloud is Giving Away US$200 Cash Coupons, Here’s How You Can Get It
Huawei Cloud announced a campaign recently where the cloud service provider will be offering US$ 200 cash coupons that can be redeemed for any purchase amount. This coupon is applicable when purchasing pay per use, monthly, and even yearly packages.
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In Less Than 3 Years, Rakuten Trade is Now Profitable
Rakuten announced that is has marked a major milestone by turning to black ahead of its third anniversary. According to their media statement, they have activated almost 85,000 trading accounts. They also shared that they have handled more than RM12.5
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Unlocking the Value in Payments Data With Technology and Partnerships
Over the years, banks have been creating exponentially growing mountains of data – much of it with huge potential value. However, despite their ability to create it, banks have not always been good at making the best use of it.
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MTDC to Co-Invest up to 30% in P2P and ECF Campaigns with pitchIN and MicroLEAP
Malaysian Technology Development Corporation (MTDC) today signed two MOUs with pitchIN and MicroLEAP respectively to collaborate and cooperate in the areas of peer-to-peer (P2P) financing and equity crowdfunding (ECF). The collaboration enables MTDC to participate in equity crowdfunding investment and
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GlobalSadaqah to Enable Zakat and Waqf Payments Using Bitcoin
GlobalSadaqah in collaboration with SINEGY and LuxTag announced today an initiative to facilitate cryptocurrency donations on their platform. In their statement, they said that the aim of this collaboration is to raise awareness and to educate the community of Muslim
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Huawei’s Webinar Series Aims to Help Businesses Cope with COVID-19
Huawei recently announced the launch of their webinar series targetted helping businesses to better cope with the COVID-19 pandemic. Happening every Thursday at 3.00pm Huawei’s webinars aim to tackle different issues and realities brought on by the health crisis. As
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