Malaysia

GoBear Malaysia Appoints New Country Director

GoBear, a financial comparison website based in Asia, has appointed Pooi Chan Gan as the Country Director for Malaysia who has taken over the reins from Iskandar Ezzahuddin following his departure in November 2017. According to the company, GoBear has

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Malaysia’s Wallet Wars Rages On: WeChat Pay Secures First Banking Partner

Following Tencent’s recent success in securing E-Money license from Bank Negara Malaysia, the company’s payments arm WeChat Pay has received the green light from Bank Negara Malaysia to partner up with Hong Leong Bank. Similar to Alipay’s game plan, WeChat

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Singaporean Fintech Firm, InstaReM Expands Remittance Services to Malaysia

  InstaReM secured approval under theMoney Services Licensed Business from Bank Negara Malaysia, it is eyeing aggressive expansion following its recent Series B Funding.   Headquartered in Singapore, InstaReM is a digital cross border payments company has announced its expansion

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Max Money’s Revolutionary new Service will Change Remittance as we know it

Max Money has launched its  MaxTerminal service which allows customers to remit money abroad using only their debit cards at selected retail outlets.This makes MaxMoney the first money service business provider in Malaysia to introduce a hybrid Online to Offline

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Malaysia: Chinese Giant’s Battleground for Digital Wallets, Who Will Win?

Geopolitical pressures to out-compete the Americans have driven China to exert its influence in South East Asia. Chief among the beneficiary of this exercise is Malaysia. While many of these government to government initiatives are largely focused on infrastructure projects,

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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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Malaysia’s HelloGold Wins “Most Innovative Islamic Product Award”

HelloGold, a Malaysian based fintech firm that blends gold trading with blockchain technologies was announced as the winner of the the Critics’ Choice Most Innovative Islamic Retail Product Award. Organised by the UK-based financial intelligence house, Cambridge IF Analytica, the award

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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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