Archive
OCBC Malaysia Rolls Out Kill Switch Available 24/7 to Combat Rising Scams
OCBC Malaysia has beefed up its security measures by introducing a kill switch that will enable its customers to immediately freeze their bank accounts and cards if there is any suspicion of fraud. Available 24/7, the OCBC Kill Switch is
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Five Key Takeaways From the Temenos Regional Forums in Asia Pacific
The Asia-Pacific financial sector is undergoing rapid transformation. Consumers’ expectations have significantly increased as a result of the digital revolution and the emergence from the Covid-19 pandemic. That was why banking software company Temenos organised a series of industry events
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MyStartr’s Ongoing Crowdfunding Campaign on Alta Raises RM1.9 Million
Malaysian equity crowdfunding platform MyStartr has launched its own crowdfunding campaign on its counterpart’s platform Alta, formerly known as Fundnel. MyStartr’s campaign has raised over RM1.9 million to date from 189 investors and has reached 95.5% of its fundraising target.
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Bursa Malaysia Launches World’s First Shariah-Compliant Carbon Exchange
Bursa Malaysia announced the launch of the Bursa Carbon Exchange (BCX), touted to be the world’s first Shariah-compliant carbon exchange in the world. The exchange will enable companies to trade voluntary carbon credits from climate-friendly projects and solutions, with the aim
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Hong Leong Has Implemented Cashless Ecosystems at 16 Kota Kinabalu Schools
Hong Leong Bank announced that its ‘HLB@School’ programme has rolled out cashless ecosystems for 16 schools in Kota Kinabalu to date. The programme provides cashless payments, digital banking tools and financial infrastructure to schools and students. The students of these
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Local Boost Merchants Can Now Accept DuitNow QR Payments From Thai Tourists
Axiata Group’s fintech arm Boost has partnered with the Payments Network Malaysia (PayNet), the national retail payments network infrastructure, to enable its merchants to accept cross-border payments from tourists from Thailand via its DuitNow QR. Tourists will only need to
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Earned Wage Access Firm Paywatch Bags US$9M to Expand in Malaysia and Beyond
Earned Wage Access (EWA) service provider Paywatch has raised US$9 million in a Pre-Series A funding round led by returning investor Third Prime. The round also received participation from Hana Ventures which is the venture arm of Hana Financial Group
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iPay88 Names Zainol Zainuddin as Its Chief Technology Officer
Payment gateway provider iPay88 announced that it has appointed Zainol Zainuddin as its new Chief Technology Officer (CTO). In his new role at iPay88, Zainol will be in charge of development, innovation and transformation of IT strategies. Additionally, he will
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Versa’s Customers Can Start Investing in Real Estate and Gold From RM100
Versa Asia, a Malaysian digital cash management platform, announced the expansion of its suite of digital investment offerings today through the launch of Versa REITs and Versa Gold. Customers can start investing in both Versa REITs and Versa Gold with
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FWD Launches RM45 Million Fund to Invest in Insurtech and Islamic Fintech
FWD Group, a a pan-Asian life insurance business, announced the launch of a RM45 million fund in collaboration with Malaysian venture capital firm Artem Ventures. The fund, TIM Ventures, will be investing in emerging startups in the insurtech and Islamic
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