Editor's Pick

Bank Negara Malaysia Lays Out Its Vision for Digital Banks As Deadline Looms
Editor's Pick Virtual Banking

Bank Negara Malaysia Lays Out Its Vision for Digital Banks As Deadline Looms

On 31st December 2020, Bank Negara Malaysia (BNM) unveiled its digital banking guidelines which almost immediately garnered interest from 40 parties. In this new guideline, the central bank will be issuing up to 5 digital bank licenses in 2022, with

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In A Nutshell: Bank Negara Malaysia’s New E-Money Policy Draft
E-Wallets Editor's Pick

In A Nutshell: Bank Negara Malaysia’s New E-Money Policy Draft

The Exposure Draft of the Policy Document on Electronic Money (e-Money) (‘Draft’) is a solid 81 pages of document that seeks to replace and supersede the current Bank Negara of Malaysia (‘BNM’)’s Guideline on Electronic Money (2008 Guidelines) which is

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Fintech Malaysia Report 2021 – Fintech Reaches an Inflection Point in Malaysia
Editor's Pick Malaysia

Fintech Malaysia Report 2021 – Fintech Reaches an Inflection Point in Malaysia

It goes without saying that 2020 was a tumultuous year on the back of the pandemic that has unfortunately affected the livelihood of millions, which also served as fuel for the rapid growth of Malaysia’s fintech space. In our latest

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Malaysia’s Incumbent Banks Gears up for the Entry of New Digital Banks
Editor's Pick Virtual Banking

Malaysia’s Incumbent Banks Gears up for the Entry of New Digital Banks

In Malaysia, incumbents are gearing up for the entrance of the country’s first digital banks, accelerating digital transformation, planning standalone ventures, and partnering up with fintechs, top executives from CIMB Group, Bank Islam, RHB Banking Group, and Backbase said during

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