As of 1 July 2025, Malaysia’s broadened Service Tax (SST) framework has officially come into force, placing financial…
Regtech/Regulation
Stay informed on the latest fintech regulation and regtech news in Malaysia. Explore updates on regulatory changes and compliance technologies.
Digital wallets and cryptocurrencies are two of the most targeted channels for fraud this year, according to SEON’s…
Bank Negara Malaysia (BNM) has fined Merchantrade Asia and JAGS Money for failing to comply with sanctions screening…
Every year, Bank Negara Malaysia (BNM) shares its annual report, a detailed snapshot of our economy, financial policies,…
Despite ongoing efforts from regulators and financial institutions, financial crime in Malaysia continues to escalate, with fraudsters exploiting…
TOPPAN IDGATE, a major player in digital identity solutions, has rebranded as TOPPAN Security. This change aligns with…
The BNM Exposure Draft on personal financing (PF), announced on 16 December 2024, introduces new rules to abolish…
World ID Credential, a digital identity tool developed by World, has launched in Malaysia. This initiative is part…
ShopeePay is introducing an increased e-wallet limit for users who complete their electronic Know Your Customer (eKYC) process,…
A staggering 67% of global banks are experiencing client abandonment during the KYC onboarding process, marking a significant…
TNG Digital announced that eKYC verification will be mandatory for all TNG eWallet users starting 20 December 2024.…
Malaysia is facing escalating AI-driven fraud attempts, driven by the surge in deepfakes. Natalia Fritzen, AI Policy and…
Experian Information Services Malaysia has launched Global UBO, a solution aimed at enhancing due diligence and compliance for…
Financial institutions around the world are facing a surge in fraud and cyberattacks. A new report by LexisNexis…
TOPPAN IDGATE, a major player in digital identity solutions, has expanded its partnership with Malaysia-based eKYC platform provider…
Digital identity represents a major shift in how we interact with the digital world, paving the way for…
Sumsub, a global verification provider, has announced strategic partnerships with several resellers in Southeast Asia including Nexus Technologies…
In recent years, the banking sector in the Association of Southeast Asian Nations (ASEAN) has witnessed a significant…
Despite tireless efforts from businesses and tech providers, fraudsters persist in siphoning off billions annually. According to the…
In the contemporary digital world, the proliferation of deepfake technology and generative AI heralds an era fraught with…