Archive
Islamic Fintech Finds Promise in Malaysia’s Flourishing Digital Economy
The Islamic digital economy is rapidly expanding in Malaysia, presenting a range of opportunities for businesses and entrepreneurs alike. The country has long been at the forefront of Islamic finance, and its well-established infrastructure and regulatory framework make it an
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Al Rajhi Malaysia Taps AWS to Power Its Newly-Launched Digital Bank Rize
Al Rajhi Bank Malaysia announced that Amazon Web Services (AWS), an Amazon.com company, will be powering its newly-launched digital bank Rize. The bank said that it will be migrating its key information technology (IT) infrastructure to AWS by 2026. Additionally,
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Tune Protect Ties up With bolttech to Offer Device Protection Services
Insurtech firm bolttech has partnered with digital lifestyle insurer Tune Protect Group to launch device protection solutions and support services in Malaysia. The device insurance coverage is underwritten by Tune Protect Malaysia, providing protection for cracked screens, accidental and liquid
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Pet Insurtech Oyen Records RM100M Coverage, Eyes Southeast Asia Expansion
Oyen, a Malaysian digital-first pet healthcare insurance provider, has provided RM100 million worth of protection and revamped its brand with a new look. Additionally, the insurtech has also rolled out a new travel insurance product for people and incorporated it
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Malaysia and Singapore’s QR Code Payments Linkage Has Gone Live
The cross-border QR code payment linkage between Singapore and Malaysia has gone live, enabling customers of participating financial institutions to make payments by scanning NETS QR and DuitNow QR codes. This will support in-person payments through the scanning of physical
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