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Channel: October 2022 - Fintech News Malaysia
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Affin Bank Taps Aspire Systems to Bolster Its Digital Banking Journey

Affin Bank has partnered with global technology services firm Aspire Systems to lead its digital banking transformation journey. Through this partnership, Aspire Systems will help Affin to achieve...

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Malaysia Sets up National Scam Response Center to Coordinate Rapid Responses

The Malaysian government has set up a National Scam Response Center (NSRC) to streamline coordination between agencies for rapid response towards online financial scams. The command center is a joint...

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How Tech Innovation Simplifies Payments and Reduce Risks for Fintechs,...

In 2021, over 7.2 billion transactions were made with e-payment channels in Malaysia, a 30% year-on-year increase. This makes it the largest growth spurt since 2006, according to Malaysia Digital...

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Islamic Fintech’s Rise in South East Asia

The global Islamic fintech industry is worth an estimated RM372.56 billion ($79 billion) and is growing rapidly. Southeast Asia is one of the most promising markets for Islamic fintech, with a sizeable...

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Instapay Partners With Mastercard Roll Out Prepaid Corporate Cards for SMEs

Payments firm Instapay Technologies announced the launch of the Glyd Prepaid Corporate Card for small and mid-size enterprises (SMEs) in partnership with Mastercard. Issued by Instapay, Glyd aims to...

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Securities Commission Malaysia Inks Regional Supervisory Cooperation

The Securities Commission Malaysia (SC) has signed the IOSCO Asia Pacific Regional Committee’s (APRC) Multilateral Memorandum of Understanding for Supervisory Cooperation (Supervisory MMoU) at the...

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Funding Societies Appoints M’sia Country Head, Wong Kah Meng Now Group COO

SME digital financing platform Funding Societies Malaysia announced that it has appointed Chai Kien Poon as Country Head of Malaysia. In his new role, he will be responsible for managing day-to-day...

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AEON’s Islamic Digital Bank to Appoint Raja Teh Maimunah as CEO

Ambank’s Managing Director of Wholesale Banking, Raja Teh Maimunah will be appointed as the CEO of Islamic digital bank consortium ACS Digital Berhad. While the announcement has not been made official...

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Hong Kong Fintech Week 2022 Is Amped up to Push the Boundaries of Fintech

Invest Hong Kong (InvestHK) has unveiled details of Hong Kong Fintech Week 2022 (HKFW), which will take place in person and virtually from 31 October to 4 November. Themed “Pushing Boundaries, Reaping...

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JCB, IDEMIA and Malaysia’s Soft Space to Trial CBDC Acceptance in Tokyo

Japan-based global payments brand JCB has launched a central bank digital currency (CBDC) pilot project in partnership with French identity technologies company IDEMIA and Malaysian digital payments...

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