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Are Digital Banks the Catalyst in Making Embedded Finance the New Norm in Asian Finance?

In a dynamic and ever-changing financial landscape, the concept of embedded finance has emerged as a powerful force shaping the future of financial services.  During a recent fireside chat, a panel of experts delved deep into the intricacies of embedded

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Former Al Rajhi CEO Oz Reveals His Next Venture at mmob

UK-based embedded services provider mmob Ltd today announced that Arsalaan (Oz) Ahmed will join as its Executive Chairman. Oz had co-founded mmob with its CEO Irfan Khan in 2020. Moving forward, Oz will be based in Malaysia where mmob has

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Ooi Hann Liew’s Tale of Reinvention in the Startup World

Embarking on a second startup journey can be a thrilling yet daunting experience, especially after the roller-coaster ride of founding the first venture. This sentiment was profoundly echoed by Ooi Hann Liew, a seasoned fintech entrepreneur, during his speech at

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Ex-BNM Governor Muhammad Ibrahim Leads Agrochem Firm’s ‘Superapp’ Launch

Agrochemical company Hextar Technologies Solutions (HexTech) has made its foray into fintech with the roll out of its mobile app called MoneyX, according to The Edge Malaysia. RM100 million was reportedly invested to build and promote the MoneyX app. Touting

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JC3’s ESG Jumpstart Portal Launched to Promote Sustainability Among SMEs

The JC3’s SME Focus Group (SFG) has launched a new portal, ESG Jumpstart, to help small- and medium-sized enterprises (SMEs) adopt ESG practices. ESG Jumpstart is a one-stop information portal that provides SMEs with a simple and practical reference guide,

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BNM Sets Ambitious Climate Financing Goal by 2026, RM200 Billion Pledged to ESG

Bank Negara Malaysia (BNM) expects at least half of new financing by banks to be aligned with climate supporting or transitioning activities by 2026 as part of the Financial Sector Blueprint. This announcement was made by BNM Governor Datuk Abdul

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SC Malaysia Launches World-First Simplified ESG Disclosure Guide for SMEs

Securities Commission (SC) Malaysia’s affiliate Capital Markets Malaysia (CMM) has launched a Simplified ESG Disclosure Guide (SEDG) to help SMEs within global supply chains disclose ESG data and information. Malaysia is reportedly the first country to do so globally. The

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UOB Malaysia Kicks off Sustainability Accelerator to Help SMEs Go Green

UOB Malaysia has launched the Jom Transform – Sustainability Accelerator Programme (JT-SAP) to help small and medium enterprises (SMEs) adopt sustainable practices and accelerate their transition to a low carbon economy. The inaugural JT-SAP brings together over 150 SMEs and

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7 Key Budget 2024 Highlights Impacting Fintech in Malaysia

The Malaysia Budget 2024, tabled by Prime Minister Datuk Seri Anwar Ibrahim, outlines the country’s largest-ever financial blueprint, amounting to RM393.8 billion. Titled “Ekonomi MADANI: Memperkasa Rakyat,” this budget promises to prioritise and serve the ‘rakyat’ (people) with policies that

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SC Welcomes Budget 2024 Measures to Support Startups, Sustainable Investment

The Securities Commission Malaysia (SC) has welcomed the measures announced in Budget 2024. This includes the allocation of RM100 million to the Malaysia Co-Investment Fund’s (MyCIF) initiatives over the next three years and tax incentives for the equity crowdfunding (ECF)

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