Posts From Vincent Fong

Fintech Singapore Vs Fintech Malaysia Infographic

It’s no secret that besides sharing a common history, Singapore and Malaysia has always shared a sense of rivalry with each other. The fact that both countries are actively vying for a piece of the fintech pie and their geographical

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GoBear Malaysia’s Former Country Director appointed as Tune Protect’s Deputy CEO

In a surprising announcement today, Iskandar Ezzahuddin Ahmad will be leaving his role as GoBear Malaysia’s Country director and will serving as Tune Protects Deputy CEO effective today. In his prior role as GoBear Malaysia’s Country director he was responsible for

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BNM Greenlights TNG Digital: Touch ‘n Go and AliPay’s Joint Venture

TNG Digital Sdn Berhad a new entity jointly formed by CIMB Bank’s subsidiarity, Touch ‘n Go and Alipay has received green light from Bank Negara Malaysia. The new entity will consist of Touch ‘n Go’ as the majority shareholder and

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Paynet: Real-Time P2P Payments with Your NRIC in 2018

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, today announced that Payments Network Malaysia (PayNet), the national financial market infrastructure provider, will build Malaysia’s Real-time Retail Payments Platform (RPP) using ACI’s UP Immediate Payments solution. RPP

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The Future of Branch.. Banking?

We live in a digital age, there’s no denying that. There’s really no need for me ramble on about how the banking sector is no exception, it’s pretty much common knowledge by now. The question is, in this new reality

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Robo Advisors to Land on Malaysian Shores in 2018

In a press conference today at the sidelines of the SCxSC Digital Finance Conference 2017, Tan Sri Ranjit Singh the Chairman of the Securities Commission of Malaysia announced that the first licenses for the Digital Investment Framework Management will be issued

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Securities Commission Malaysia Embarks on Blockchain Pilot Project

Tan Sri Ranjit Singh, Chairman of Securities Commission of Malaysia announced today at the SCxSC Digital Finance Conference 2017 today that the regulator has embarked on a pilot project for distributed ledgers in the unlisted and OTC Market space. The

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Will This Partnership Drive Malaysian SMEs’ Adoption of P2P Loans?

Funding Societies and Cheng & Co have engaged in a strategic partnership to broaden and simplify access to business financing for creditworthy Malaysian small and medium-sized enterprises (SMEs). Cheng & Co, a  established home-grown accounting firm, will refer promising SMEs

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Malaysia Mobile Wallets Space Heats Up: Axiata’s Boost Partners with UTM

Boost, an app based mobile wallet developed by Axiata Digital, announced their partnership with Universiti Teknologi Malaysia to create a “Cashless Campus” in Malaysia. This partnership could potentially enable 25,000 students and faculty members across UTM Kuala Lumpur and Skudai

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Bank Negara Malaysia Approves 3 More Participants for Fintech Sandbox

Bank Negara Malaysia has approved 3 more participants to its Fintech Sandbox. This news follows their official announcement earlier in May for the first batch of approved participants of the Bank Negara Malaysia Fintech Sandbox which includes GoBear Ltd, GetCover

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