Payments
Riding the Fintech Wave: The Rise, Fall, and Potential Recovery of IOUpay
In the ever-shifting world of financial technology, the trajectory of a company can sometimes resemble a roller coaster ride. The sector is marked by continuous change, offering a blend of challenges and opportunities for those daring to innovate. In this
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Revenue Group Plans to Acquire 51% Stake in Innov8tif for RM36 Million
Payment solutions provider Revenue Group plans to acquire a controlling stake of 51% in Innov8tif Holdings from glove maker Hong Seng for RM36 million in a total cash purchase. Innov8tif Holdings is an investment holding company that owns Innov8tif Solutions
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Why Partnerships Are Essential in the Cross-Border Payments Industry
Global economies are becoming increasingly connected. More significantly, the cross-border payments industry has undergone an accelerated revolution, thanks to the Covid-19 pandemic that transformed transacting patterns. Digital payments, in particular, are supercharging the movement of money across borders. In 2022,
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Mastercard Launches Data Hub in Malaysia, Creating New Job Opportunities
Mastercard has set up a data and services (D&S) hub in Kuala Lumpur to support its clients across the Asia Pacific region with a suite of offerings beyond transactions including solutions in the areas of cybersecurity, credit risk, and data
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QR Payment Linkage Between Indonesia and Malaysia Has Now Gone Live
Bank Negara Malaysia (BNM) and Bank Indonesia (BI) today announced that the cross-border QR payment linkage between both countries has officially gone live. This will enable more Indonesians and Malaysians to make instant retail payments in either country by scanning
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Salim Becomes Final Co-Founder to Step Down From BigPay
Southeast Asia fintech BigPay, a venture of Capital A, has named Zubin Rada Krishnan as its acting Group CEO. Zubin, who previously served as Malaysia Country Head for BigPay, takes over from Salim Dhanani who stepped down in February to
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Securities Commission Malaysia Launches New E-payment Platform ‘e-PATH’
The Securities Commission Malaysia (SC) has announced the launch of a new electronic payment hub known as e-PATH to provide a more seamless and secure way for market participants and the public to make online payments to the SC. e-Path
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Adyen Expands Offerings in Malaysia, Appoints New Country Manager
Global payments platform Adyen is expanding its offerings in Malaysia through the launch of its unified commerce solution to help businesses flexibly meet changing consumer expectations. The unified commerce solution gives businesses end-to-end control of transactions across different sales channels
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Mercedes, Maybank Roll Out Credit Card for Those Earning Min RM100K per Year
Mercedes-Benz Financial has announced an exclusive partnership with Maybank to introduce a credit card nationwide where Visa will be the exclusive payment network for this new offering. The all-new metal card will allow customers to earn accelerated points on selected
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GHL Taps PayNet’s MyDebit Secure Card-Not-Present for Safer Online Payments
Payment solutions provider GHL Systems announced that it has enabled MyDebit Secure CNP (Card-Not-Present) from Payments Network Malaysia (PayNet) which is set to benefit over 1,500 of its online merchants. A CNP transaction is a payment card transaction made where
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