Tag "Bank Negara Malaysia (BNM)"
Industry Leaders Weigh In on the Future of Digital Payments
The digital payments industry has witnessed significant growth and transformation in recent years, driven by technological advancements, changing consumer behaviour, and evolving regulatory landscapes. To explore the path forward, a panel discussion was held during the Everything Payments Summit as
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Taking Stock of ESG Investment Leadership in Malaysia
The landscape of Environmental, Social and Governance (ESG) investment in Malaysia has seen significant growth in recent years. Companies forced to prioritise the ESG agenda in part due to strong regulatory guidance on trajectory of ESG investing in Malaysia, and
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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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BNM to Co-host Virtual AML/CFT Hackathon 2023 to Help Crack Down on Financial Crime
Bank Negara Malaysia (BNM), in partnership with the Financial Intelligence Consultative Group (FICG), will be co-hosting the AML/CFT Hackathon 2023 from 1 to 28 June 2023 to develop digital solutions to help combat financial crime. Bank Negara Malaysia Deputy Governor
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BNM Seeks Public Feedback on Two Key Enhancements to Its Regulatory Sandbox
Bank Negara Malaysia (BNM) is inviting feedback on its proposal to make several enhancements its existing Financial Technology Regulatory Sandbox Framework. The central bank said that the enhancements are focused at ensuring proportionate regulatory facilitation and improving operational efficiency of
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Can BNM’s Greening Value Chain Programme Lead SMEs to a Greener Future?
As the world faces the alarming consequences of climate change, Malaysia is launching the Greening Value Chain Programme (GVC) with the support of Bank Negara Malaysia (BNM) and strategic partners. Announced at COP-27 in Egypt, the GVC programme aims to
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Policies, Platforms, and People: BNM Highlights the Key to Malaysia’s Digital Future
Digitalisation has been pegged as a key attribute to spur economic recovery in Malaysia, and is being touted as a major force for continued growth in the latest World Bank Malaysia Economic Monitor report released last month. Titled ‘Expanding Malaysia’s
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Digital Banks Could Be the Key to Promoting Financial Inclusion for Malaysia’s B40
Financial inclusion is a vital aspect of economic growth, and it is critical to ensure that all individuals have access to financial services. Unfortunately, in Malaysia, many people from the B40 group (the bottom 40 percent of income earners) still
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Top 5 Stories That Shaped Malaysia’s Fintech Scene in 2022
2022 was set to be a transformative year for the fintech space in Malaysia. The long-awaited reveal of the five awardees for the first digital banking licences in the country finally took place to kick the year off, and it
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5 Interesting New Details in BNM’s New Digital Insurance & Takaful Draft Framework
On Friday, Bank Negara Malaysia (BNM) issued its exposure draft for digital insurance and takaful operators (DITO) for written feedback following the issuance of the Discussion Paper in January this year. As part of the licensing application process, BNM will
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