Archive
UOB Finlab’s Jom Transform Goes Digital This Year
UOB Malaysia’s innovation accelerator The FinLab has launched a regional digital platform to where local SMEs and start-ups can start their digital transformation journey. The FinLab Online digital platform will incorporate the Jom Transform Programme, a business transformation programme in
Read More
Securities Commission Malaysia Adds Binance to Investor Alert List of Unauthorised Entities
Securities Commission Malaysia (SC) today added the popular crypto exchange platform Binance to in its investor alert list which warns the general public about entities that are not authorised in carrying out regulated activities in Malaysia. They were added to
Read More
What is MDEC’s Game Plan for Fintech in Malaysia
MDEC is a name that is familiar to most in Malaysia as the agency that acts as an enabler for Malaysia’s digital economy. The agency has also been active on the fintech front — from launching a congregational point that
Read More
GHL Gets Nod to Start Lending Operations in Philippines
GHL Group Berhad announced today that its Philippines arm has received approval for the Philippines Securities and Exchange Commission to operated a lending business via its new unit, GHL Phlippines Financing Services Inc. GHL who is traditionally known for its
Read More
Securities Commission Malaysia Cautions Against Illegal Crypto ATMs
The Securities Commission Malaysia (SC) cautioned the public against the usage of Crypto ATMs. Crypto ATM are machines that allows individuals to buy and/or sell digital assets like Bitcoin and Ethereum, and XRP. These machines are installed in various locations in
Read More
Instapay Launches an E-Wallet for Migrant Workers Eyes 100,000 Users
Instapay announced today the launch of an e-wallet service that is targetted at the migrant worker population. The company holds an e-money license with Bank Negara Malaysia (BNM) and has teamed up with Mastercard to a pre-paid payments card that’s
Read More
Luno Malaysia Launches Litecoin on Its Platform
Following the introduction of XRP, Luno announced today that it has added Litecoin (LTC) to its trading platform. This is the fourth digital asset approved by the Securities Commission Malaysia to be traded by Malaysians. From 7th July, Malaysian customers
Read More
Adyen Expands Acquiring Capabilities to Malaysia
Adyen, a global payments platform, today announced the expansion of its acquiring capabilities to include Malaysia. They said that this move complements the company’s all-in-one payment platform allowing merchants like Fave, foodpanda and Love, Bonito to get the most out
Read More
Hong Leong Saw 13x More E-Wallet Top-Ups During MCO
The COVID-19 pandemic has fundamentally changed the way we live resulting in mass digital adoption as we rapidly shifted to a digital and contactless way of life – from buying food and essentials to how we work. Domenic Fuda, Group
Read More
Finology Lands Partnership with Zurich for Road Tax and Motor Insurance Renewal Services
Over two million Malaysian road taxes remain expired since the Road Transport Department (JPJ) counters closed during the Movement Control Order (MCO). In an effort to help address this as well as Malaysia’s alarming number of uninsured vehicles on the
Read More