Tag "Maybank"

New Maybank Platform Enables Malaysians to Start Investing With RM200

Maybank Malaysia has launched a new digital investment platform called Goal-Based Investment, designed to cater to beginners and first-time investors. This offering, accessible via the MAE App and Maybank2u Web, allows users to start investing from RM200. New customers can

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BNM Orders CIMB and Maybank to Explain Recent Service Disruptions

Bank Negara Malaysia (BNM) has ordered CIMB and Maybank to deliver a comprehensive account of the root causes behind the recent service outages, which disrupted banking operations and inconvenienced customers. The regulatory body is taking a strict stance on ensuring

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Maybank Halts RM6.4 Million in Potential Scams Through Branch Efforts in 2023

Maybank successfully prevented financial losses amounting to RM6.4 million for its customers in 2023, targeting scams executed via its branch channels. The bank has issued a reminder urging customers to remain vigilant against scam attempts. This includes being wary of

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Maybank Reshuffles Management Team to Drive Growth

In a strategic management reshuffle at Maybank, Datuk Muzaffar Hisham is slated to become the Group CEO of Islamic Banking and CEO of Maybank Islamic, effective 1 March 2024. Currently holding the position of Group CEO of Global Banking, his

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Maybank Announces RM18 Billion SME Financing Plan for 2024

Maybank has announced its plans to disburse approximately RM18 billion in SME financing for the year 2024, according to Bernama. This marks a 13 percent increase from the previous year, aiming to expedite the transition of its customers towards more

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Maybank Islamic, TM Bridge Digital Divide for MSMEs With 5G Mobile Banking Bundle

Maybank Islamic in collaboration with Telekom Malaysia (TM) has launched the “Go Niaga” mobile business banking bundle for MSMEs, according to The Edge. The Go Niaga bundle is a fusion of Maybank Islamic’s robust financial solutions and TM’s advanced Uni5G

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Where Does Malaysia’s Digital Payment Ecosystem Go From Here?

The rapid adoption of digital payments has revolutionized how we make transactions, offering benefits such as speed, affordability, and seamless experiences. This shift towards digital payments is not limited to domestic markets but has extended to cross-border transactions, with the

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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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Mercedes, Maybank Roll Out Credit Card for Those Earning Min RM100K per Year

Mercedes-Benz Financial has announced an exclusive partnership with Maybank to introduce a credit card nationwide where Visa will be the exclusive payment network for this new offering. The all-new metal card will allow customers to earn accelerated points on selected

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Maybank Joins Bursa Malaysia’s Newly Launched Sustainability Platform

Bursa Malaysia announced the deployment of its Centralised Sustainability Platform which will be piloted by Maybank and the UMW Corporation. UMW and Maybank are pioneers of the Early Adopter Programme (EAP), running from April to October 2023, an initiative to

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