Archive
Bank Negara Malaysia Appoints Suhaimi Ali as Assistant Governor
Bank Negara Malaysia (BNM) has announced the appointment of Suhaimi Ali as Assistant Governor effective 1 April 2022 onwards. Suhaimi joined BNM in 1998 after graduating from the University of Notre Dame, United States of America. Throughout his career with
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Maybank Offers Digital Personal Loans With Disbursements in 10 Seconds
Maybank has launched its new Maybank Personal Digital Financing which provides instantaneous approval and subsequently disbursement within 10 seconds. Leveraging the bank’s comprehensive credit risk metrics and modelling capabilities, the new solution has a decisioning engine that can perform pre-qualification checks
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Securities Commission Cautions the Public on Rising Investment Scams on Telegram
The Securities Commission Malaysia (SC) has cautioned the public on the sharp increase of investment scams promoted on messaging application Telegram. Since January 2022, the SC has received a total of 47 complaints and enquiries on illegal investment schemes promoted
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Malaysia Airlines Provides hoolah’s BNPL Payment Option for Its Fliers
Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, announced a regional partnership with Singaporean Buy Now Pay Later (BNPL) platform hoolah to provide a seamless and convenient payment option for travellers. Travellers in Malaysia, Singapore and soon Hong
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CTOS Appoints Eric Hamburger as Deputy Group CEO to Spearhead Its Digital Strategy
Malaysia’s credit reporting agency CTOS Digital had recently appointed Eric Hamburger as its Deputy Group CEO to bolster its strategic and operational leadership. He will be particularly focused on the emerging areas of data analytics and digital platforms. A 28-year
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Malaysia Debt Ventures Sets up RM500K Pilot Fund via Funding Societies
The Malaysia Debt Ventures (MDV), a subsidiary of the Minister of Finance (MOF) and dedicated technology financier, is allocating a pilot fund of RM500,000 to be invested via Funding Societies, a Southeast Asian SME digital financing platform. This move aims
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Unlocking APAC’s Cross-Border Commerce Opportunity with Embedded Payments
In Asia Pacific (APAC), the rapid development of cross-border e-commerce has fueled demand for cross-border payment capabilities and embedded financial solutions as small, online businesses embrace digital technologies to broaden their reach and go global, a recent report by Currencycloud shows. Embedded
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Airasia Super App Users Will Soon Be Able to Make In-App Investments
AirAsia Super App has signed a Memorandum of Understanding (MOU) with CGS-CIMB Securities to enable its users to make investments from within the app. Both entities said in a joint statement that they will combine their respective strengths to democratise
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Ignatius Ong Steps Down as TNG Digital’s CEO
Following a two year stint at TNG Digital, Ignatius Ong will be resigning from his position as the Chief Executive Officer (CEO) effective 31st March 2022 due to personal reasons, according to a report by A+M. Ignatius was previously appointed
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BigPay to Roll Out Fully Digital Loans Regulated by KPKT
BigPay, a Capital A venture company and digital bank aspirant, announced the launch of its fully digital loans issued by “BigPay Later”, a wholly owned subsidiary within the group and a digital money lending license holder. The personal product issued
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