
Tag "Bank Negara"
TNG 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 MoreBNM: Banks Will Enforce Additional Measures to Combat Rising Financial Scams
There will be five additional measures that will be undertaken by the banking industry to combat financial scams, says Governor of Bank Negara Malaysia (BNM), Tan Sri Nor Shamsiah Mohd Yunus. The Governor announced this at a virtual exhibition by
Read MoreSecurities Commission and Bank Negara Working to Bring ICOs Under Securities Law
To implement the regulatory framework on digital assets—be it tokens or cryptocurrency—the Bank Negara (BNM) and the Securities Commission Malaysia (SC) will enter into coordination arrangements to ensure compliance with laws and regulations under the purview of both regulators. The SC
Read More44 Banks Want to Free You From The Hassle of Memorising Account Numbers
Last friday, some of you may have gotten a potentially questionable text from your banks—that your phone number might be integrated with something called ‘DuitNow’, and that you’re given a specific amount of time to opt out. Many Malaysians were
Read MoreBNM’s Newly Updated Watchlist Proves That Crypto-Scams Are Still a Threat
Just recently, BNM has updated its consumer watchlist with risky companies that you shouldn’t interact with. In a list that was once dominated by investment scams, ponzi schemes, and the likes, we now have to contend with “bitcoin companies” disguising
Read MoreGoBear Malaysia’s Among the First of Fintech Companies in the Sandbox
GoBear Malaysia is first among FinTech companies to receive its stamp of approval to be a part of the Bank Negara Malaysia (BNM), Financial Technology Sandbox Framework. As Malaysia’s first and only unbiased meta-search engine for insurance and all things
Read MoreAsia’s Own Lemonade: Neosurance & KLCC Runners Group Partner To Offer The First “Push” Micro Insurance To Malaysian Runners
Neosurance and KLCC Runners Group have signed a Memorandum of Understanding for the distribution of microinsurance to KLCC Runners Group growing community members. The microinsurance product will be provided ad hoc by a leading reinsurer and insurer who will be
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