Archive

Malaysian Women’s Interest in Crypto Is Skyrocketing, Says Luno

Luno, a regulated digital asset exchange in Malaysia, shared that its female users have grown from 16,000 in 2020 to more than 120,000 in 2021, an increase of more than sevenfold. In addition, the transaction volume of female users has

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Why We Should Eliminate Passwords as Passwordless Authentication Is the Future

The computer password has been around for more than 6 decades. The first password can be traced back to 1961 in Massachusetts when a computer at MIT was protected with a password for secure login. Incidentally, MIT’s time-sharing system was

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Digital Penang Fintech Hackathon Announces the Winners

The Digital Penang Fintech Hackathon, a collaborative initiative of Digital Penang with its partners Finexus and Touch ‘n Go Digital, has announced the winners for 2021. The winning team is 404 Not Found for its charity cloud e-wallet, which turns

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pitchIN Secures In-Principle Approval for Secondary Market From the SC

Malaysian equity crowdfunding platform (ECF) pitchIN announced that it has received in-principle approval for Secondary Market from the Securities Commission Malaysia (SC). The company is targeting to launch the pitchIN Secondary Market in the first half of 2022. Just yesterday

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AmBank Digitalises Its Supply Chain Finance Management With CapBay

AmBank announced that it has has partnered with Bay Supply Chain Technology, a member of the CapBay group of companies and a fintech company offering a digital Supply Chain Finance (SCF) platform. The partnership aims to enable integrated digitalisation in

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SC Registers Two Initial Exchange Offering (IEO) Operators

The Securities Commission Malaysia (SC) today announced that it has registered two Initial Exchange Offering (IEO) operators, Kapital DX Sdn Bhd and Pitch Platforms Sdn Bhd, to promote responsible innovation in the digital assets space. The registered IEO operators will

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Artificial Intelligence as a Catalyst to Accelerate Financial Inclusion

The use of Artificial Intelligence (AI) in financial services is all over the news, with some reports estimating it to be a US$450 billion opportunity. But what’s the real story around what AI can do? Beyond just automating certain processes, AI

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Grab Partners Sedania to Roll Out Islamic Lending Products its Gig Workers

Grab Financial Group (GFG) Malaysia and SEDANIA As Salam Capital Sdn Bhd (SASC) are partnering to offer Grab Cash Financing-i, a shariah-compliant financing product, to eligible Grab drivers and delivery partners. Grab Cash Financing-i aims to provide its gig workers

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Tune Protect Becomes The First Insurer to Move Its Core to the Cloud

Tune Protect Malaysia is now the first insurer in the country to have received approval from Bank Negara Malaysia (BNM) to host its insurance core system on Telekom Malaysia’s (TM) Cloud α Edge. This was made possible via a collaboration

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Luno Launches Early-Stage Investment Arm to Back Over 200 Fintech Startups

Luno, a wholly-owned subsidiary of Digital Currency Group (DCG), announces the launch of Luno Expeditions, a global, early-stage investment arm for fintech, crypto and web3 startups. The investment arm will now spearhead all of DCG’s early stage investing. The team

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