Archive
AIA Welcomes Former BNM Governor Shamsiah Yunus to Its Board
AIA Group has appointed Shamsiah Binti Mohd Yunus as an independent non-executive director, with effect from 21 September 2023. She will also be a member of AIA’s Nomination Committee. Shamsiah, aged 59, currently serves as the Chancellor of International Centre
Read More
Wise Becomes First Non-Bank in Malaysia to Offer Apple Pay and Google Pay
Online money transfer service Wise has enabled its Malaysian customers to add its card to Apple Pay or Google Pay on their iOS or Android devices. Wise claims to be the first non-bank in Malaysia to do so. Users will
Read More
Beyond Transformation: Stepping Up Digital Differentiation in Banking
Banking leaders agree: banks that want to succeed into the 21st century are already undergoing rapid digital transformation. Digitalisation is a must to overcome the inefficiencies of outmoded legacy infrastructure, to keep up with the surging customer demand for new
Read More
Malaysia, Indonesia and Thailand Bourses Ink ESG Partnership
Bursa Malaysia, the Indonesia Stock Exchange (IDX), and the Stock Exchange of Thailand (SET) is set to explore setting up an inter-regional Environmental, Social, and Governance (ESG)-linked ecosystem. The three exchanges aim to collaboratively spur the adoption of good ESG
Read More
CTOS IDGuard Prevented RM319 Million in Fraudulent Loans Since 2020
CTOS IDGuard, Malaysia’s national fraud bureau, has flagged RM319 million in potentially fraudulent loan applications since 2020, using GBG’s fraud and financial crime prevention engine. The system has screened nearly 7 million applications from member banks, which cover over 65%
Read More
Why Digital Lending is the Next Frontier for This Malaysian Payments Giant
Closing in on 30 years as a groundbreaking payment solutions provider in Southeast Asia, GHL Systems Berhad today can lay claim to an expansive payments footprint comprising over 452,800 touchpoints across Malaysia, Philippines, Thailand, Indonesia, Singapore and Australia. Now, GHL
Read More
Dropee and BSN Launch Digital Niaga Programme to Help MSMEs Thrive
Dropee, a business-to-business e-commerce platform, and Bank Simpanan Nasional (BSN) have launched the Digital Niaga programme to aid micro, small, and medium-sized enterprises (MSMEs) in Malaysia. Both entities will identify qualified MSMEs to participate in the Digital Niaga programme to
Read More
Financial Planning, Fintech Synergy Key to Malaysia Economic Resilience, Says SC
The world of finance, like many industries, is undergoing rapid transformation, spurred mainly by technological advancements even in emerging markets. One such country embracing this transformation is Malaysia, which was the backdrop for insights shared at the Financial Planning Association
Read More
HSBC Sets up RM500M Lending Fund for Malaysian Series B Startups and Beyond
HSBC Malaysia has launched a RM500 million lending fund for the local tech-led businesses and emerging startups from Series B stage and beyond. The bank said that the ‘HSBC New Economy Fund’ is part of its commitment to support the
Read More
Navigating the Challenges and Opportunities of Cross-Border Payments in APAC
In recent years, the payments industry has undergone a paradigm shift, altering the way consumers and businesses interact financially. According to a McKinsey report, the global payments sector is approaching a staggering revenue opportunity of nearly US$2 trillion. In the
Read More