Archive

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

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Norman 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

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MAE, 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,

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Funding 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

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Airo 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

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Tackling 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%

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Bursa 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

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Navigating 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

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Touch ‘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

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AmBank’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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