Various

Boost Launches eDonation Feature to Provide Assistance for Flood Victims

Axiata Digital’s e-wallet Boost is running an eDonation campaign to help provide much needed assistance for flood victims following the devastating floods that have impacted several Malaysian states. Boost users can eDonate directly today to local humanitarian organisations such as

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Navigating the Evolution of Malaysia’s Financial Services in 2022

As we close the curtains on a turbulent year, it seemed fitting to reconnect with old friends, reflect on learnings for the year, and contemplate how to navigate a hopefully post-pandemic 2022. Which is why it was timely when the

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Berjaya Corp Sells off 30% Stake in Razer Fintech for More Than RM220 Million

Malaysian conglomerate Berjaya Corporation (BCorp) announced that it has sold off 30 percent of its equity interest in Razer Fintech to Razer Midas for US$53.57 million (approximately RM223.89 million). BCorp will be holding on to the remaining 19 percent stake

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Bank Negara’s MyFintech Week Builds Momentum for January 2022 Kick-off

Bank Negara Malaysia (BNM) announced that it is organising the second edition of MyFintech Week 2022 (MyFW 2022) virtually from 24 to 28 January 2022 and is expecting more global participation. With the theme ‘Advancing Digitalisation for Recovery, Sustainability and Inclusion,

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Fintech Shows Strong Growth Momentum in Malaysia

The Securities Commission Malaysia (SC) today said that fintech could be a key enabler in re-building the Malaysian economy as the country recovers from the pandemic. The regulator also said it would seek to drive greater adoption of digital capability

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AirAsia’s Digital Arm Earns Unicorn Badge in Record Time, Says Tony Fernandes

Multinational low-cost airline AirAsia has been recognised as one of three Malaysian unicorns according to a report by Credit Suisse. The other two Malaysian unicorns are car e-commerce platform Carsome and Axiata’s Edotco, a regional integrated telecommunications infrastructure services company,

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Bank Islam Takes Over BIMB’s Listing on Bursa Malaysia

Bank Islam Malaysia has become the first full-fledged Islamic financial institution to be listed in the main market of Bursa Malaysia today, taking over the listing status from BIMB Holdings Berhad (BHB). The listing marks the completion of the BHB

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Maybank Rolls Out New Business Banking App for SMEs

Maybank has launched Maybank2u Biz, a mobile-first application for small and medium sized enterprises (SMEs) to help ease their business operations. The app was developed to cater to the needs of busy business owners, who are always on the go

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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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