Tag "Bank Negara Malaysia (BNM)"

Fintech Influencers Malaysia: 14 Names You Should Know

Following our previous article highlighting 12 of the hottest fintech startups in Malaysia, we thought it’d be appropriate to come up with a “Fintech Influencers Malaysia” list to highlight some of the movers and shakers within the fintech space in

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Bank Negara Malaysia Seeks Public Feedback on Cryptocurrency Regulation

The rapid development and adoption of cryptocurrencies have driven regulators from around the globe to adopt various approaches and regulatory measures and Malaysia is no exception. Following the announcement by Bank Negara Malaysia Governor, Tan Sri Muhammad Ibrahim in late

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E-Money License Granted: Grab Malaysia “Grabs” a Piece of the Payments Pie

Southeast Asia’s leading ride-hailing app Grab has obtained regulatory approval from Bank Negara Malaysia to launch its mobile payment service in Malaysia following it’s earlier approval from the Singaporean authorities. This move is mirrored by it’s Indonesian counterpart Go-Jek who

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Bank Negara Malaysia Releases e-KYC Guidelines

Following the announcement by Deputy Governor Jessica Chew earlier this September, Bank Negara Malaysia has officially released the e-KYC guidelines which sets out the minimum requirements and standards that an approved remittance service provider must observe in implementing e-KYC. The guideline

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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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Malaysian Banking Industry Pushes Fintech Development

Banks in Malaysia are pushing fintech development as they seek to harness innovation and technology to improve the financial services. The trend is largely led by the Malaysian central bank, Bank Negara Malaysia (BNM), which has been deploying efforts to

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