Archive

Securities Commission Malaysia’s Digital Innovation Fund Backs 3 Fintech Firms

The Securities Commission Malaysia (SC) has announced the first batch of three award recipients for its Digital Innovation Fund (DIGID). The DIGID is an initiative of the SC that was set up to co-fund innovative projects that demonstrate the use

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Accelerating Customer-Centric Digital Transformation in Malaysian Banks

The digital transformation journey of banks, particularly in the Asia-Pacific (APAC) region, has been a hot topic of discussion for years. Backbase, a global leader in engagement banking, has recently revealed the release of an IDC Infobrief that sheds light

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Adnan Zaylani Ushered in as BNM’s New Deputy Governor

Bank Negara Malaysia (BNM) announced the official appointment of Adnan Zaylani bin Mohamad Zahid as Deputy Governor for a three-year term effective 1 September 2023. The appointment was approved by the Minister of Finance. In his new role, Adnan will

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LSEG Opens Flagship Office in KL to Support Local Talent, Boost Economy

The London Stock Exchange Group (LSEG) has opened a new flagship office in Kuala Lumpur to support local talent and boost economic growth in Malaysia. Since 2002, LSEG has delivered vital indices, global data, analytics, and capital markets services in

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PayNet, Ant Group Enable Tourists to Pay With E-wallets When Travelling in Asia

Payments Network Malaysia (PayNet) and Ant Group have partnered to enable tourists from other Asian countries to pay with their e-wallets in Malaysia. By the end of this year, users of five Asian e-wallets, including AlipayHK, GCash, Kakao Pay, and

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Meet the Finalists of the Fintech Frontiers Awards Malaysia 2023

Fintech News Malaysia has announced the finalists for the inaugural Fintech Frontiers Awards Malaysia, with top leaders and startups competing for recognition in 11 categories. The awards are divided into two categories: overall and vertical. The overall categories recognize the

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Maybank IB Taps Broadridge to Roll Out Securities Borrowing and Lending Platform

Maybank Investment Bank (Maybank IB) has partnered with Broadridge Financial Solutions, a US-based technology solutions provider, to launch a new securities borrowing and lending (SBL) platform for institutional investors. The front-to back platform is said to be fast, transparent, and

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GHL, StanChart Malaysia to Offer Merchants Comprehensive Payment Solutions

Payment solutions provider GHL Systems and Standard Chartered Malaysia have partnered to provide merchants with comprehensive payment solutions. As Standard Chartered’s payment service provider, GHL will provide the bank’s merchants with point-of-sale (POS) terminals and e-commerce payment processing services to

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Touch ‘n Go eWallet Offers Personal Data Protection Powered by F-Secure

TNG Digital and Malaysia Digital Economy Corporation (MDEC) launched a campaign called #JagaDataKita powered by global cyber security and privacy company F-Secure to raise awareness on personal data breaches in Malaysia. The campaign focuses on data protection and data breach

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CTOS Acquires Telco Credit Scoring Firms in Indonesia and Philippines

Credit reporting agency CTOS Digital has acquired 100% of the Philippines-based FinScore and 80% of PT Prime Analytics Indonesia in deals worth US$ 5.9 million and US$ 475,000 respectively. The acquisition of these two telco scoring companies in ASEAN marks

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