June 2022 - Fintech News Malaysia

Archive

Visa: Nearly 70% Of Malaysian SMEs Are Keen on Using Digital Banks’ Services

Close to seven in 10 Malaysian small and medium enterprises (SMEs) expressed their interest in engaging with digital banks, according to Visa’s SMB Digital Banking Study. This is quite timely given the Bank Negara Malaysia’s recent announcement on the five

AI Big Data Sponsored

APAC Financial Institutions Struggle to Make Use of Their Data in a Timely and Effective Manner

Despite realizing the opportunities brought about data and analytics, banks and financial institutions in Asia-Pacific (APAC) are still struggling to draw critical insights from their data in an effective and timely manner. This is one of the findings drawn from

Blockchain/Bitcoin

Luno Will Be Available in Malay With More Localised Educational Content

Luno, a licensed digital asset exchange, will be available in the Malay language and roll out more localised content to support Malaysians on their crypto learning journey. This is a part of its latest campaign ‘Move with Luno’ which aims

Payments

ACI Identifies Malaysia as The World’s Top 5 Fastest Growing Real Time Payments Market

Malaysia has emerged as one of the most sophisticated real-time markets in the world, according to the third edition of the “Prime-Time for Real Time 2022” report. The report was published by ACI Worldwide, in partnership with GlobalData, a data

Security Sponsored

Digital ID Verification, Remote Document Signing to Become the Norm in Finance Sector

The pandemic has accelerated the growth of non-face-to-face interactions, forcing banks, merchants and others to swiftly deploy digital tools to accurately verify the identity of the person on the other end of a digital transaction. A 2021 study by advisory

Crowdfunding Islamic Fintech

Ethis and Gobi Partners to Set Up Shariah-Compliant US$20 Million Seed Fund

Ethis Group, an ethical investment and social finance platform operator, is collaborating with venture capital firm Gobi Partners to structure and set up a US$20 million Shariah-compliant seed fund. The fund, which is targeted to have its first closing by

Lending Sponsored

Alternative Lenders Are on the Rise to Plug the Financing Gap for SMEs

In Singapore, small and medium-sized enterprises (SMEs) are struggling to secure sufficient financing from traditional lenders, with most still largely relying on their personal networks to support their business, findings from a new study by cloud banking startup Mambu show.