Virtual Banking

Boost May Soon Become a Bank in Malaysia as Axiata Eyes Virtual Banking License

The Axiata Group is seemingly eyeing for Malaysia’s virtual banking license, according to a recent report by The Edge. According to the same report, Khairil Abdullah, CEO, Axiata Digital, said that the group “definitely expressed interest” in a virtual banking

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Grab and 4 Malaysian Banks Considering Virtual Banking License

A recent report by The Edge identified 5 parties open to applying for Malaysia’s virtual banking license, they are namely — Grab, CIMB, Affin, Hong Leong and Ambank. Of the parties reportedly open to it only Grab and Affin seem

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Malaysia’s Virtual Banking Framework Nearly Complete

Following the earlier virtual banking announcement by Bank Negara Malaysia Governor, Datuk Nor Shamsiah, it was revealed to the press at MyFintech Week 2019, that the framework is 50% ready. BNM’s financial development and innovation department director Suhaimi Ali said

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