Various

Axiata and Telenor Revives Merger Plans for Celcom and Digi

Axiata Group and Telenor Asia today confirmed in their press conference that they have revived merger plans of Celcom and Digi which is currently in advanced discussion stages. Compared to the previous merger talks which involve assets from other countries

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Bursa Malaysia Eyes Opportunities to Collaborate With Fintech Companies

Malaysian stock exchange Bursa Malaysia is seeking to collaborate with fintech companies or other strategic partners in a bid to strengthen its value proposition, increase its agility as well as efficiency. Bursa Malaysia said that such efforts would help the

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Bank Islam Signs on TM ONE as a Digital Partner to Accelerate Its Digital Transformation

Telekom Malaysia Berhad (TM) via its enterprise and public sector business solutions arm, TM ONE, signed a Memorandum of Understanding (MoU) with Bank Islam Malaysia Berhad, for its appointment as a digital partner in realising the latter’s transformational strategy. The

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Hong Leong Bank Sets up Official Store on e-Commerce Platform Shopee

Hong Leong Bank (HLB) announced the launch of its e-commerce platform offering with an official store on Shopee Mall. This enables HLB’s customers to sign up for banking products and services without the need to visit physical branches. E-commerce experienced

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Malaysia Issued The Most Fines in APAC For Financial Crimes and Privacy Breaches

A recent study by Fenergo, provider of digital transformation, customer journey and client lifecycle management (CLM) solutions, found that Malaysia ranked the highest for data privacy fines in the APAC region totaling almost US$ 4 billion. Meanwhile, neighbouring countries Singapore

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Kenanga Investment Bank Acquires ETF Fund Manager i-VCAP

Kenanga Investment Bank Bhd has acquired i-VCAP Management Sdn Bhd via its wholly owned subsidiary Kenanga Investors Bhd (KIB) following approval by the Securities Commission of Malaysia. i-VCAP is a Shariah-compliant investment management services provider primarily focused on Islamic exchange-traded

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CIMB Boosts SMEs’ Resilience With Digital Solution Offerings

CIMB Bank Berhad and CIMB Islamic Bank Berhad has announced its CIMB CNY Go Digital offers for Small and Medium Enterprises (SMEs). As businesses are still weathering the pandemic and with the recent implementation of the Movement Control Order (MCO),

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Financial Services Need to Reinvent Itself for Malaysia’s Growing Gig Economy

In Malaysia, the gig economy has been growing rapidly, especially at a time when the COVID-19 pandemic is forcing people to turn to temporary work to secure income. Despite this rapidly growing segment, freelancers, self-employed and gig workers are still

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Year End Message to Our Readers – Offline from 24th December to the 3rd January

Fintech News Malaysia would like to take this opportunity to wish all our readers a Merry Christmas and a very Happy New Year. We will be taking a break from the 24th December 2020 to the 3rd January 2021. Until

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5 Top Stories That Shaped Fintech in Malaysia in 2020

When we entered into 2020 not a single one of us anticipated for it to play out the way that it did. While the pandemic has affected everyone differently even within different verticals in fintech there’s still a sense of

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