Tag "Fintech Malaysia"
Islamic Fintech’s Rise in South East Asia
The global Islamic fintech industry is worth an estimated RM372.56 billion ($79 billion) and is growing rapidly. Southeast Asia is one of the most promising markets for Islamic fintech, with a sizeable Muslim population and a growing middle class. There
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Singaporean Fintech Firm, InstaReM Expands Remittance Services to Malaysia
InstaReM secured approval under theMoney Services Licensed Business from Bank Negara Malaysia, it is eyeing aggressive expansion following its recent Series B Funding. Headquartered in Singapore, InstaReM is a digital cross border payments company has announced its expansion
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WeChat Pay Vs Alipay: Here’s Why Alipay Will Be a Clear Winner in Malaysia
Geopolitical pressures to out-compete the Americans have driven China to exert its influence in South East Asia. Chief among the beneficiary of this exercise is Malaysia. While many of these government to government initiatives are largely focused on infrastructure projects,
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Fintech Singapore Vs Fintech Malaysia Infographic
It’s no secret that besides sharing a common history, Singapore and Malaysia has always shared a sense of rivalry with each other. The fact that both countries are actively vying for a piece of the fintech pie and their geographical
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GoBear Malaysia’s Former Country Director appointed as Tune Protect’s Deputy CEO
In a surprising announcement today, Iskandar Ezzahuddin Ahmad will be leaving his role as GoBear Malaysia’s Country director and will serving as Tune Protects Deputy CEO effective today. In his prior role as GoBear Malaysia’s Country director he was responsible for
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BNM Greenlights TNG Digital: Touch ‘n Go and AliPay’s Joint Venture
TNG Digital Sdn Berhad a new entity jointly formed by CIMB Bank’s subsidiarity, Touch ‘n Go and Alipay has received green light from Bank Negara Malaysia. The new entity will consist of Touch ‘n Go’ as the majority shareholder and
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Will This Partnership Drive Malaysian SMEs’ Adoption of P2P Loans?
Funding Societies and Cheng & Co have engaged in a strategic partnership to broaden and simplify access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs). Cheng & Co, a established home-grown accounting firm, will refer promising SMEs
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Malaysia Mobile Wallets Space Heats Up: Axiata’s Boost Partners with UTM
Boost, an app based mobile wallet developed by Axiata Digital, announced their partnership with Universiti Teknologi Malaysia to create a “Cashless Campus” in Malaysia. This partnership could potentially enable 25,000 students and faculty members across UTM Kuala Lumpur and Skudai
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Malaysia Central Bank Publishes Study about Cryptocurrencies
A study published by Bank Negara Malaysia in September explores the implications of a Bank Negara Malaysia cryptocurrency or as the report calls it; a central bank backed digital currency. A central bank digital currency (CBDC), if introduced, is unlikely
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Bank Negara Malaysia Approves 3 More Participants for Fintech Sandbox
Bank Negara Malaysia has approved 3 more participants to its Fintech Sandbox. This news follows their official announcement earlier in May for the first batch of approved participants of the Bank Negara Malaysia Fintech Sandbox which includes GoBear Ltd, GetCover
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