Tag "merchantrade"
MCIS Life Acquires 4.99% Stake in Merchantrade
MCIS Insurance (MCIS Life) has taken up a 4.99% stake in Merchantrade Asia, a Malaysian money services business provider, for an undisclosed sum. The acquisition is set to accelerate MCIS Life’s digital transformation journey and leverage on Merchantrade’s digital capabilities,
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Merchantrade Partners MCIS Life to Launch Micro Insurance With Celcom
Merchantrade Asia, a Malaysian money services business provider, has partnered with MCIS Insurance (MCIS Life) for a life insurance plan along with Celcom Axiata. This launch is part of the Perlindungan Tenang Voucher Programme (PTV) is an initiative by the
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Merchantrade, NPCI International Join Forces to Offer Real-Time Remittances to India
Merchantrade Asia has partnered with NPCI International, a wholly-owned subsidiary of National Payments Corporation of India (NPCI), to offer real-time remittances to India through the Unified Payments Interface (UPI). UPI is an instant real-time payment system developed by NPCI to
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Merchantrade Rolls Out Payroll Solutions for Underbanked Plantation Workers
Merchantrade Asia, a digital money services business operator and e-money issuer, has partnered with palm plantation management solutions provider LintraMax in an effort to digitise the payroll for underserved plantations workers. In this partnership, both entities will reach out to
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Merchantrade Selects IDEMIA for its Digital Onboarding Solution
IDEMIA, a solutions provider in the Augmented Identity space, has been selected by Merchantrade a Money Services Business Operator and e-money player, to enhance the onboarding of customers for two of its mobile-enabled services. Merchantrade will leverage on IDEMIA’s Identity
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AmBank Partners Merchantrade for Hybrid e-Wallet With a Combined Capacity of RM50,000
AmBank has formed a strategic partnership with Merchantrade Asia, a digital money services business operator and e-money issuer, to enable a hybrid e-wallet as part of its fintech initiatives. This follows a similar partnership to launch Kenanga’s e-wallet back in
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Merchantrade and Construction Manpower Firm to Facilitate Cashless Wages for Workers
Merchantrade Asia and the Construction Labour Exchange Centre Berhad (CLAB) have forged an alliance to facilitate cashless wages for both Malaysians and foreign workers in the construction industry. Through this collaboration, CLAB will facilitate contractors to pay salaries via top-up
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Kenanga Investment Bank Acquires a Small Stake in Merchantrade
Kenanga Investment Bank has acquired 4.99% equity interest in Merchantrade, a Malaysian digital money services business operator and e-money issuer. This follows Kenanga’s recent collaboration with Merchantrade to introduce their own e-wallet, Kenanga Money. “Merchantrade is one of the fastest
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Kenanga Partners with Merchantrade to Launch Their Own E-Wallet, Kenanga Money
Kenanga Investment Bank Berhad (Kenanga) today announced its partnership with Merchantrade Asia Sdn Bhd (Merchantrade) to introduce their e-wallet, Kenanga Money, which will be supported by a Visa prepaid card feature. Kenanga said that this marks the bank’s entry into
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Merchantrade Acquires Valyou From Telenor Group
Merchantrade, a digital money services business operator and e-money issuer, has acquired a 100% stake in Valyou from the Norwegian Telenor Group following a competitive bidding exercise. Valyou is a mobile fintech player in Malaysia and a cross-border digital remittance
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