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How Technical Debt Impedes Your Bank’s Ability to Innovate
In a technological landscape where speed to market has become a distinct competitive advantage, technical debt can seriously impede an organisation’s ability to innovate. Technical debt refers to shortcuts taken and gaps left unaddressed, as organisations race to cut down
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Newly Minted Indonesian Fintech Unicorn Xendit Relocates Financial Hub to Malaysia
Indonesian payments unicorn Xendit will be relocating its financial hub to Malaysia, this was announced during a speech by Finance Minister, Tengku Datuk Seri Zafrul Tengku Abdul Aziz during the launch of Malaysia’s Capital Market Plan 3. The Indonesian fintech
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Hong Leong Eyes ESG Solutions for Its Upcoming Hackathon
Hong Leong Bank is calling all budding disruptors to join its ‘Can You Hack It’ Virtual Hackathon ASEAN Edition 2021 to find and co-create Innovative solutions focused on ESG. This virtual hackathon themed ‘Environmental, Social and Governance (“ESG”)’ aims to
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MDEC Appoints Ruslena Ramli as Director of Fintech and Islamic Digital Economy
The Malaysia Digital Economy Corporation (MDEC) announced the appointment of Ruslena Ramli as its Director of Fintech and Islamic Digital Economy, a role previously held by Norhizam Kadir who has served in MDEC for over 5 years. She will report
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Fintech Association of Malaysia Names Its First Female President
The Fintech Association of Malaysia (FAOM) hosted its fourth Annual Grand Meeting (AGM) virtually in which the association elected Karen S. Puah as its president. According to a statement by FAOM, Karen will be the first woman to helm the
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FIS Expands Payment Capabilities Into Malaysia
FIS, an American Fortune 500 company which offers a wide range of financial products and services, announced that it is expanding its payment processing capabilities into the rapidly growing markets of Malaysia, South Africa and Nigeria. The company has secured
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Finology to Represent Asia at the Seedstars World Competition
Finology, a Malaysian fintech that specialises in enabling seamless lending and insurance for consumers and businesses, announced that it has won the regional finals to represent Asia at the Seedstars World Competition 2020/21. From over 5,000 applicants, 94 startups from
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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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