Search Results for "TNG DIGITAL"
AIA Malaysia Takes a Minority Stake in TNG Digital, Reportedly Valuing It at RM3 Billion
AIA Malaysia announced that it will be taking a minor stake in TNG Digital, the owner of Touch ‘n Go eWallet, as part of a long-term strategic partnership. The Edge reported that this move will make AIA the fourth shareholder
Read MoreTNG Digital Reportedly Seeking to Raise US$150 Million
TNG Digital, the e-wallet operator that was formed as a result of a joint venture between CIMB Bank and Ant Financial, is reportedly seeking to raise US$ 150 million according to a Reuters report on Thursday. The report further added
Read MoreTNG Digital Appoints Ex-Malaysia Airlines Veteran as Its New CEO
TNG Digital a Malaysian e-wallet formed as a result of a joint-venture between Touch ‘n Go and Ant Financial Group, announced today that it has appointed Ignatius Ong as its new Chief Executive Officer (CEO). Ignatius succeeds Syahrunizam Samsudin, who
Read MoreBNM Greenlights TNG Digital: Touch ‘n Go and AliPay’s Joint Venture
TNG Digital Sdn Berhad a new entity jointly formed by CIMB Bank’s subsidiarity, Touch ‘n Go and Alipay has received green light from Bank Negara Malaysia. The new entity will consist of Touch ‘n Go’ as the majority shareholder and
Read MoreDigital Insurance Products in Malaysia That Caught Our Attention
According to the Fintech Malaysia Report 2022, there are a total of 32 players who are actively involved in the insurtech space in Malaysia as of 2022, compared to only 16 players back in 2019. This shows that there is
Read MoreWhere Does Malaysia’s Digital Payment Ecosystem Go From Here?
The rapid adoption of digital payments has revolutionized how we make transactions, offering benefits such as speed, affordability, and seamless experiences. This shift towards digital payments is not limited to domestic markets but has extended to cross-border transactions, with the
Read MoreTNG to Implement Bank Grade Security Measure Imposed by BNM
Touch ‘n Go eWallet announced that it has come forward to be the first startup and non-bank provider that has committed to voluntarily incorporate the five key measures which have been recently imposed on banks by Bank Negara Malaysia to
Read MoreEuronet’s REN Payments Platform to Enable the TNG eWallet Visa Prepaid Card
Payments company Euronet has entered a strategic collaboration with TNG Digital to expand the use of its Touch ‘n Go eWallet that serves approximately 18 million users in Malaysia. TNG Digital recently entered a partnership with Visa to develop a
Read MoreTouch ‘n Go Launches Digital Investment Platform GoInvest
Touch ‘n Go Group has launched GOinvest, its proprietary digital investment platform, which can be accessed through Touch ‘n Go eWallet. GOinvest’s first product offering is the Principal Islamic Money Market Fund which is developed and managed by Principal Asset
Read MoreMalaysian Banks’ CEOs Say Digital Banks Are Shaking Things Up But Not a Threat
Regulatory changes, advances in technology, and the entry of new players in the Malaysian banking sector are forcing incumbents to embrace cutting edge technologies and build strategic ties to remain competitive, experts said during Huawei and Fintech News Malaysia’s Digital
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