Malaysia

GoBear Malaysia’s Former Country Director appointed as Tune Protect’s Deputy CEO

In a surprising announcement today, Iskandar Ezzahuddin Ahmad will be leaving his role as GoBear Malaysia’s Country director and will serving as Tune Protects Deputy CEO effective today. In his prior role as GoBear Malaysia’s Country director he was responsible for

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Malaysia’s Fintech Sandbox Partcipant MoneyMatch Launches Transfer Portal

MoneyMatch Sdn Bhd, a home-grown company approved by Bank Negara Malaysia, launched its “Transfer” portal, a fully digital cross border remittance service offering exchange rates and fees far cheaper than incumbent banks. The Transfer portal allows users to conduct their

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WorldKoins-Air Asia Partnership: Aims To Get Rid of Leftover Foreign Currency

WorldKoins is a mobile app operated by Appykoins Sdn. Bhd, which allows leftover currency to be converted to eGift cards and vouchers, which can be used to shop online from mobile phones. WorldKoins is working in collaboration with AirAsia to

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Malaysian Based Fintech Firm Jirnexu Raises US$2 Million in Pre-Series B Round

Malaysian based fintech company  Jirnexu – has raised US$2 million in a pre-Series B round. Japan-based SBI Group led the latest round, joined by existing investors Celebes and Cento Ventures. This brings Jirnexu’s total funding to US$8 million. Bringing over

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Malaysia Fintech Awards 2018 Opens for Nomination

Today marks the soft launch of the first Malaysia Fintech Awards 2018 which was officiated by Tan Sri Dr. Halim Shafie, Chairman, Malaysian Communications And Multimedia Commission and supported by Malaysia’s Prime Minister YB’ Dato’ Sri Mohd Najib Bin Tun Haji

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Maybank’s Mobile Banking Sees 91% Increase in Transaction

Maybank Berhad, Malaysia’s largest bank by assets has seen a 91% spike in transactions for its mobile banking during the first three quarters of 2017. The bank said in a statement that this trend illustrates the trend that consumers are

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Bank Negara Malaysia: Islamic Fintech Needs to Be a Boardroom Priority for Islamic Finance

In his opening speech at the Islamic Fintech Forum Dialogue, Assistant Governor of Bank Negara Malaysia Mr. Marzunisham Omar called the Islamic Finance industry to take a more active role in fintech. According to the Assistant Governor, digital-banking consumers stand at

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Who Is Standard Chartered Bank Malaysia’s New CEO, Abrar A. Anwar?

Abrar A. Anwar is the new CEO of Standard Chartered Bank Malaysia. Standard Chartered Bank is Malaysia’s first bank, set-up back in 1875, with global operations hub named Scope International which provides support to across 70 countries that Standard Chartered Bank

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Supercharger Fintech Accelerator Malaysia Unveils 10 Finalists

The SuperCharger FinTech Accelerator programme kicked off its 12-week programme today by introducing 10 international start-ups as the finalists for this platform. The programme comes as a partnership between leading financial institutions, Standard Chartered Bank and Allianz Malaysia, as well

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Southeast Asia’s First Online Personal Loan Application Processing Via Chatbot

RHB Bank Berhad (“RHB”)—Malaysia’s fourth largest fully integrated financial services group—in collaboration with RinggitPlus—Malaysia’s leading comparison website for financial products—today introduced ‘ChatBot’, the first real-time messenger-style platform in Southeast Asia to facilitate personal loan applications. Consumers can now apply for

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