Archive
Year End Message to Our Readers – Offline from 24th December to the 3rd January
Fintech News Malaysia would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 24th December 2020 to the 3rd January 2021. Until
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How Data Privacy Affects Engagement in Financial Services
It may be a challenge for brands in highly-regulated spaces, but meeting customer expectations is both possible and essential. To get there, marketers need to ensure that they strike the right balance between data privacy/security and innovation. Let’s explore the
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How to Get Customer Messaging Right in Financial Services
If fintech brands aren’t mindful of today’s looming threats, they may find themselves losing out not just to banks, but to non-financial brands. Think Apple’s wildly successful credit card debut, with over $10 billion dollars of extended credit within two
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CapBay Crosses the RM100 Million Mark With Its P2P Financing Platform
CapBay, a Malaysian P2P supply chain financing platform, has provided RM 100 million in funding across 500 investment notes on its platform since its launch 9 months ago in March 2020. This milestone is part of CapBay Group’s strong track
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5 Top Stories That Shaped Fintech in Malaysia in 2020
When we entered into 2020 not a single one of us anticipated for it to play out the way that it did. While the pandemic has affected everyone differently even within different verticals in fintech there’s still a sense of
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eKYC Startup WISE AI Receives Funding From Sunway’s Venture Firm Sun SEA Capital
WISE AI, a startup providing eKYC and digital identity solutions, has raised an undisclosed amount of funding from Sun SEA Capital, a venture capital backed by Sunway Group. This news follows Bank Negara Malaysia’s approval of the eKYC framework in
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AIA Begins Regional Tie Up with ZA Tech in Malaysia
AIA Group has announced a regional strategic digital technology partnership with ZA Tech, a tech venture founded by Chinese digital insurer ZhongAn. The initial focus will be Malaysia, where AIA General Bhd announced a new digital insurance plan sold through Shopee,
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360F and FI Life Launches Personalised Advisory for Insurance and Investment Plans
Singapore-based fintech company 360F and Fi Life, a Kuala Lumpur-based insurtech, have collaborated to introduce the new 360-NeedsProfiler to the Malaysian market. This online tool allows users to self-discover their financial needs based on Malaysian demographic and mortality data and
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3 Big Customer Engagement Drivers for Financial Services
In financial services, the growing number of fintech startups and incumbents’ late-to-the-game focus on technology has led to some of the fiercest competition of any industry. Banks are throwing multi-billion-dollar technology budgets into digital transformation initiatives, while fintech brands are
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Bursa Malaysia and Hashstacs Complete Pilot for Blockchain Bond Platform
Blockchain development company Hashstacs (STACS), announced that it has completed the blockchain proof-of-concept (POC) with Malaysia’s national stock exchange, Bursa Malaysia, to facilitate the growth of the bond marketplace at the Labuan Financial Exchange (LFX). The POC was executed and
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