Editor's Pick

BNM Paves the Way for Digital Insurance with Proposed Licensing Framework

Bank Negara Malaysia on Tuesday issued the Discussion Paper on Licensing Framework for Digital Insurers and Takaful Operators. The Discussion Paper outlines the proposed framework for licensing new digital insurers and takaful operators (DITOs) to encourage digital innovation in the

Read More

Navigating the Evolution of Malaysia’s Financial Services in 2022

As we close the curtains on a turbulent year, it seemed fitting to reconnect with old friends, reflect on learnings for the year, and contemplate how to navigate a hopefully post-pandemic 2022. Which is why it was timely when the

Read More

Luno Rakes up Over Half a Million Malaysian Users in 2021

Malaysian digital asset exchange Luno announced that it had garnered more than 600,000 customers at the end of November 2021. Luno said in a statement that this is a marked increase of over 233% year-on-year (YoY) from around 180,000 customers

Read More

Grab Hires for Digital Bank Positions in Malaysia

In the past few days, Grab has been spotted putting up vacancies on their Linkedin page and website for digibank roles to be based in Malaysia. This development is ahead of Bank Negara Malaysia formally announcing the winners of the

Read More

Bank Negara Malaysia Leading Efforts to Regulate Buy Now Pay Later Schemes in 2022

Bank Negara Malaysia (BNM) announced today that it is driving inter-agency efforts to enact the Consumer Credit Act in 2022. Datuk Nor Shamsiah Mohd Yunus, Governor of BNM said that this will strengthen regulatory arrangements for all consumer credit activities

Read More