Malaysia

Malaysia’s Wallet Wars Rages On: WeChat Pay Secures First Banking Partner
Malaysia

Malaysia’s Wallet Wars Rages On: WeChat Pay Secures First Banking Partner

Following Tencent’s recent success in securing E-Money license from Bank Negara Malaysia, the company’s payments arm WeChat Pay has received the green light from Bank Negara Malaysia to partner up with Hong Leong Bank. Similar to Alipay’s game plan, WeChat

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Max Money’s Revolutionary new Service will Change Remittance as we know it
Malaysia

Max Money’s Revolutionary new Service will Change Remittance as we know it

Max Money has launched its  MaxTerminal service which allows customers to remit money abroad using only their debit cards at selected retail outlets.This makes MaxMoney the first money service business provider in Malaysia to introduce a hybrid Online to Offline

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Fintech Singapore Vs Fintech Malaysia Infographic
Malaysia

Fintech Singapore Vs Fintech Malaysia Infographic

It’s no secret that besides sharing a common history, Singapore and Malaysia has always shared a sense of rivalry with each other. The fact that both countries are actively vying for a piece of the fintech pie and their geographical

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

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
Malaysia

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
Malaysia

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
Malaysia

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
Malaysia

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
Malaysia

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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