Tagged: malaysia

September 17, 2025 @ 1:17 am By Omar Faridi  |  

Malayan Banking Berhad (Maybank), which claims to be one of the nation’s largest banks, has made significant strides across physical expansion, financial performance, and technological partnerships. These developments underscore Maybank’s commitment to enhancing accessibility, sustaining growth, and embracing digital transformation amid evolving market demands. These… Read More

August 24, 2025 @ 11:59 am By Michael Wong  |  

Payments Network Malaysia Sdn Bhd (PayNet), the operator of the country’s national payments network, has expanded its partnership with China’s Ant International to strengthen cross-border digital payments, boost tourism and advance financial technology cooperation. The two firms signed a renewed memorandum of understanding (MoU) that… Read More

August 16, 2025 @ 7:36 pm By Michael Wong  |  

Malaysian telecommunications company Axiata Group Berhad signed a memorandum of understanding with Cambodia’s Ministry of Post and Telecommunications to enhance cybersecurity capabilities and develop digital talent in the Southeast Asian nation. The agreement establishes cooperation between Axiata and the ministry across cyber threat intelligence, incident… Read More

August 10, 2025 @ 6:08 pm By Michael Wong  |  

Ant International’s WorldFirst has obtained a Class A Money Services Business license from Bank Negara Malaysia, enabling the company to provide international payment and foreign currency receipt services in the country. The license permits WorldFirst to serve small and medium-sized enterprises conducting cross-border trade operations…. Read More

August 2, 2025 @ 9:57 am By Michael Wong  |  

The SIDC-CASI SRI Conference 2025 concluded in Kuala Lumpur after three days of discussions focused on accelerating sustainable finance across Southeast Asia. Co-hosted by the Securities Industry Development Corporation (SIDC) and the Capacity-building Alliance of Sustainable Investment (CASI), the event gathered more than 300 delegates… Read More

July 5, 2025 @ 8:35 pm By Michael Wong  |  

Malaysia’s central bank launched its flagship Karnival Celik Kewangan (Financial Literacy Carnival) in Tawau on Saturday, as part of a broader push to strengthen financial resilience among underbanked communities. The event was officiated with opening remarks by Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani… Read More

July 1, 2025 @ 2:46 am By Michael Wong  |  

Malaysia’s Securities Commission (SC) has proposed a set of regulatory enhancements aimed at strengthening the country’s digital asset exchange (DAX) framework, seeking to accelerate token listings and bolster investor protection measures. According to a consultation paper published on Monday, the proposed changes include allowing certain… Read More

July 1, 2025 @ 1:20 am By Omar Faridi  |  

Southeast Asia’s Maybank has recently shared significant updates focused on advancing sustainability and social impact through innovative financial solutions and strategic partnerships. Recently, Maybank announced initiatives that underscore its commitment to fostering a sustainable and inclusive future across the ASEAN region. These efforts include providing… Read More

June 10, 2025 @ 9:46 pm By Omar Faridi  |  

Backbase, the global enabler of AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative “leap in Bank Muamalat’s journey to redefine Islamic banking,… Read More

June 5, 2025 @ 6:32 am By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), an innovator in global payments technology, announced that CIMB Bank, one of ASEAN’s banking groups and Malaysia’s second largest financial services provider, has “chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.”… Read More

June 4, 2025 @ 4:33 am By Omar Faridi  |  

MY E.G. Services Berhad, Malaysia’s e-government and digital services provider, signed a Memorandum of Understanding (MoU) with Singapore Trade Data Exchange Services Pte. Ltd. (SGTraDex), Singapore’s digital infrastructure for trade data exchange. The partnership seeks to enable both parties to facilitate digital cross-border trade between… Read More

April 12, 2025 @ 6:09 pm By Michael Wong  |  

Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have solidified their commitment to regional financial security by entering into a memorandum of understanding (MoU) aimed at significantly enhancing cybersecurity measures and combating the escalating threat of digital fraud. The agreement, formally executed by… Read More

March 30, 2025 @ 9:16 pm By Michael Wong  |  

Malaysia’s Ministry of Investment, Trade and Industry has selected seven Equity Crowdfunding (ECF) and Peer-to-Peer (P2P) financing platforms to participate in the New Industrial Master Plan (NIMP2030) Strategic Co-Investment Fund (CoSIF), according to local reports. The program aims to support companies in high-tech and high-impact… Read More

March 22, 2025 @ 6:31 pm By Michael Wong  |  

Malaysia-based wealth management platform Versa has completed its Series A funding round led by AHAM Asset Management Berhad (AHAM Capital), the company said, as it looks to accelerate user growth and expand its product offerings over the next five years. Other investors in the round… Read More

March 6, 2025 @ 10:54 pm By Michael Wong  |  

CGS International Futures Malaysia (CGS MYF) has introduced the first publicly available CME Crypto Futures contracts in Malaysia, offering traders and investors access to Bitcoin and Ethereum futures, the company announced. The launch makes CGS International Securities Malaysia (CGS MY) the first licensed derivatives broker… Read More

February 11, 2025 @ 9:12 pm By Omar Faridi  |  

Payd, a Malaysian fintech specializing in Earned Wage Access (EWA) solutions, has reportedly raised a $400,000 seed extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will now aim to accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia…. Read More

February 11, 2025 @ 5:20 am By Omar Faridi  |  

PolicyStreet, an insurtech based in Malaysia, is shifting gears with the launch of its customer loyalty program, Drive+ Membership. Designed to put Malaysian drivers in the “fast lane” of savings and convenience, the Drive+ membership features benefits such as “an 80% discount on road tax,… Read More

January 26, 2025 @ 8:04 pm By Michael Wong  |  

Malaysia-listed digital services firm MY E.G. Services Berhad (MYEG) announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd (MYIDSSB) to develop a blockchain-powered national digital identity platform, the MyDigital ID Superapp, aimed at combating online fraud and enhancing digital integration. The partnership, formalized through… Read More

January 8, 2025 @ 8:06 pm By Omar Faridi  |  

Maybank announced that it launched a counter-fraud security feature on the MAE App called Money Lock, which allows customers to lock funds in the savings or current accounts of their choice from “being digitally accessed, keeping the funds safe from online scammers.” With this added… Read More

January 8, 2025 @ 7:39 pm By Michael Wong  |  

Malaysia-based private equity firm Creador has acquired a controlling stake in Indonesia-based B2B hospitality marketplace MG Group from Indonesia Northstar and other shareholders, marking its entry into the global travel industry. The acquisition highlights Creador’s focus on Southeast Asia’s rapidly recovering travel sector, driven by… Read More