Tag "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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Fintech Events in Malaysia You Should Consider Attending in 2020
Events are often a good way to connect and reconnect with people from the industry. In keeping with our yearly tradition, we endeavor to list down all the relevant fintech events in Malaysia that the community can consider attending. Our
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How Cashless is Malaysia Right Now?
Between Bank Negara Malaysia’s (BNM) ICTF and the more recently announced Real-Time Retail Payments (RPP) system, an ecosystem rife with Malaysians with at least a debit card, and e-wallets to target those who do not; Malaysia seems to be well underway towards
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14 Key Fintech Investors in Malaysia You Should Know About
With a regulator that has been described as open to innovation and disruption, a maturing tech scene, a mobile-friendly population, and a financial scene rife with incumbent and outdated technology, there is definitely a lot of potential in this region
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Finally, TNG’s E-Wallet Gets Crucial Updates, Can it Stay Ahead of The Competition?
After the disastrous release of a Touch ‘n Go reload app in March, the company returns with a newly updated, fully-fledged Touch ‘n Go e-wallet. Many in Malaysia opine that Touch ‘n Go was arguably best positioned to release a Malaysian
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Malaysians Can Now Link Their Hong Leong Debit Cards to WeChat Pay
Malaysians who own a Hong Leong debit card can now start treating the freshly-launched WeChat Pay as their extended Hong Leong account, with the announcement of a new partnership between the e-wallet and the bank. Now, users can link their
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What Are Malaysia’s Top 5 Banks Doing About Fintech?
With the wave of new fintech companies entering Malaysia, a question that often pops up in conversation is whether the banks are asleep on the wheels or are they actively beefing up their tech portfolio in response. The Fintech News
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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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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: Islamic Fintech Needs to Be a Boardroom Priority for Islamic Finance
In his opening speech at the Islamic Fintech Forum Dialogue, Assistant Governor of Bank Negara Malaysia Mr. Marzunisham Omar called the Islamic Finance industry to take a more active role in fintech. According to the Assistant Governor, digital-banking consumers stand at
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