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Malaysians Can Now Download the GXBank for Their First Digibank Experience
GX Bank Berhad (GXBank) has officially launched its digital bank app for the Malaysian public, one of the first Bank Negara Malaysia’s (BNM) licensees to do so. The digital bank had previously undergone a beta testing phase with 20,000 local
Read MoreNorman Vanhaecke Takes Helm as Cradle Fund’s Group CEO
Cradle Fund has announced the appointment of Norman Matthieu Vanhaecke as its new Group CEO, starting 23 November 2023, according to a report by Bernama. Vanhaecke has been serving as the acting group CEO since 1 June 2022. He had
Read MoreMAE, Setel, ShopeePay, Touch ‘n Go eWallet to Disburse RM100 in eMADANI Programme
The Malaysian government has allocated RM1 billion to the eMADANI initiative, aimed at benefiting up to 10 million citizens including the B40 and M40 groups. This programme, set to commence on 4 December 2023, and ending on 20 February 2024,
Read MoreFunding Societies and HDC Join Forces to Boost Halal Business Financing
SME digital financing platform Funding Societies has tied up with the Halal Development Corporation (HDC) to provide Shariah-compliant digital financing to halal businesses. The partnership was officially cemented through a Memorandum of Agreement, signed by Syarina Hyzah Zakaria, Partnerships Lead
Read MoreAiro Launches in Malaysia for Personalised, Affordable Investing From RM50
Malaysian fintech CP Global Fintech Solutions has launched its digital investment platform Airo with the aim to democratise investing in the country by offering services starting from RM50. Airo’s platform is designed to simplify investment for beginners while providing advanced
Read MoreTackling the US$2 Trillion Funding Shortfall for Asia Pacific’s SMEs
Small and medium enterprises (SMEs) are vital in driving economic growth, particularly in developing countries, as they significantly contribute to the GDP and play a key role in job creation. According to the Asian Development Bank, SMEs make up 98%
Read MoreBursa Malaysia Joins Forces With UN Global Compact Network Malaysia & Brunei
Bursa Malaysia in partnership with the UN Global Compact Network Malaysia & Brunei (UNGCMYB) will work together to develop sustainability-focused capability and capacity building programmes that are specifically designed for the Malaysian marketplace. This collaboration, detailed in a Memorandum of
Read MoreNavigating APAC’s Financial Transformation for Customer and Competitive Gains
In a region experiencing rapid digitalisation, Asia-Pacific is projected to lead global cashless transaction growth and surpass 50% of the world’s volumes, according to the PwC Payments 2025 & Beyond report. Although presenting abundant growth opportunities, this dynamic landscape brings
Read MoreTouch ‘n Go eWallet Offers Affordable Health Insurance From RM10 With AIA
TNG Digital has launched Insure360, a comprehensive health insurance center, on its Touch ‘n Go eWallet. This new feature offers a range of critical illness and medical insurance products in collaboration with AIA Malaysia. Insure360 joins a suite of insurance
Read MoreAmBank’s Visa Credit Card Users Now Have Option for BNPL Payments
AmBank has teamed up with Visa to offer a new instalment payment service to its credit card users in Malaysia. This service, known as Visa Instalments, allows cardholders to convert their eligible purchases into monthly payments. The bank said that
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