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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
Read MoreAPAC 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
Read MoreLuno 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
Read MoreACI 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
Read MoreDigital 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
Read MoreEthis 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
Read MoreAlternative 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.
Read MoreBigPay Rolls Out Cash Pickup Services in Indonesia and the Philippines
BigPay, a Capital A venture company, announced the launch of its Cash Pickup services in Indonesia and the Philippines, as an added feature to its existing remittance feature. The Cash Pickup feature is available to all BigPay users in Malaysia
Read MoreLuno First in Malaysia to Get SC Approval to Offer LINK and UNI Trading
Digital asset exchange Luno today announced that it is the first to be approved by the Securities Commission Malaysia to offer Chainlink (LINK) and Uniswap (UNI) for trading on its platform. Users can now buy, sell and store LINK and
Read MoreUOB Finlab’s Jom Transform Accelerator to Focus On Women-Led SMEs This Year
UOB Malaysia and The FinLab announced the launch of the fourth edition of its innovation accelerator Jom Transform Programme (JTP) which will be conducted virtually on The FinLab Online. The FinLab Online is a regional digital platform launched on 17
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