Archive
Year End Message to Our Readers – Offline From 23rd December to the 2nd 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 23rd December 2021 to the 2nd January 2022. Until
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Here Are the Key Findings From OneSpan’s Global Financial Regulations Report
OneSpan recently released its second annual Global Financial Regulations Report, that outlines major developments in the regulatory landscape. In conjunction with comprehensive research into how the changing regulatory landscape is impacting the banking community, this year’s report also reveals how
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Boost Launches eDonation Feature to Provide Assistance for Flood Victims
Axiata Digital’s e-wallet Boost is running an eDonation campaign to help provide much needed assistance for flood victims following the devastating floods that have impacted several Malaysian states. Boost users can eDonate directly today to local humanitarian organisations such as
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Tutuka, Paymentology Merge to Form New Payments and Card Processing Powerhouse
Issuer processors Paymentology and Tutuka announced that both entities are merging to create a new payments and card processing powerhouse. Operating under the Paymentology name, the merger creates a new force in payment solutions which gives banks and fintechs the
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CapBay’s P2P Islamic Financing Platform Bags RM30 Million From Kenanga
CapBay, a Malaysian multi-bank supply chain finance and peer-to-peer financing (P2P) platform, has secured RM30 million investment from Kenanga Capital Islamic (KCI), a subsidiary of Kenanga Investment Bank Berhad (KIBB). The investment is a step forward to growing CapBay’s supply
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Singaporean Insurtech Igloo Partners Pine Labs to Expand Its Footprint in Malaysia
Singaporean insurtech firm Igloo announced a new partnership with digital payments service provider Pine Labs, marking the extension of its regional footprint in Malaysia. Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone protection solutions under
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Is Payment Friction Challenging Your Business Growth Ambitions?
Digital payments transaction value is growing exponentially and is expected to climb to US$5.6 trillion in Asia by 2025. For companies that use digital payments, user experience, straight-through processing rates and operational efficiency have become primary concerns. Although companies such
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Navigating the Evolution of Malaysia’s Financial Services in 2022
As we close the curtains on a turbulent year, it seemed fitting to reconnect with old friends, reflect on learnings for the year, and contemplate how to navigate a hopefully post-pandemic 2022. Which is why it was timely when the
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pitchIN Surpasses RM200 Million in Funds Raised, Eyes Islamic Market Next Year
pitchIN, a Malaysian equity crowdfunding platform (ECF), announced that it recorded RM200 million funds raised in November 2021 just a year after it hit the RM100 million mark. The company said that it has assisted 124 companies to raise capital,
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China Construction Bank Malaysia Inks MoU With PayNet for Cross Border QR Payments
China Construction Bank (Malaysia) (CCBM) has signed a Memorandum of Understanding (MoU) with Payments Network Malaysia (PayNet) for collaboration on real-time cross-border QR payments between Malaysia and China. This will give more options for consumers and merchants in the cross-border
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