Tag "Malaysia"

Bank Negara Malaysia: Islamic Fintech Needs to Be a Boardroom Priority for Islamic Finance

In his opening speech at the Islamic Fintech Forum Dialogue, Assistant Governor of Bank Negara Malaysia Mr. Marzunisham Omar called the Islamic Finance industry to take a more active role in fintech. According to the Assistant Governor, digital-banking consumers stand at

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How Southeast Asian Governments Are Pushing IoT Development

In 2016, countries in Southeast Asia began significantly exploring the potential of the Internet-of-Things (IoT). While most have just started with the technology or tested out components, countries such as Singapore have taken a leading position, setting up dedicated innovation

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Upcoming Fintech Events in Malaysia

Fintech has become a hot topic in Malaysia, especially as the sector paves the way forward for innovations in financial services. The government has committed to provide clear guidance and regulation to new, innovative products and business models entering the

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MyCash Online: A Malaysian Marketplace for Foreign Workers in Southeast Asia

Southeast Asian startup MyCash Online is an online marketplace designed for migrant workers in Malaysia and Singapore. It provides easy, secure and convenient services to the underbanked. MyCash Online offers an e-wallet service that allows users to reload phone credit,

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GoBear Malaysia’s Among the First of Fintech Companies in the Sandbox

GoBear Malaysia works closely with with Bank Negara Malaysia and launches new Insurance products GoBear Malaysia is first among FinTech companies to receive its stamp of approval to be a part of the Bank Negara Malaysia (BNM), Financial Technology Sandbox

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Maybank Samsung Pay sees 100% contactless payments rise

Contactless payments introduced to Malaysia as Maybank launch their Samsung Pay boosting the number of customers whilst at the same time reducing its cardholders by 100% by the end of 2017 This follows the success of the Maybank Pay launch

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Maybank Launches the First Mobile Money Transfer Service in Malaysia with Western Union

Maybank and Western Union announced the launch of the first digital remittance service in Malaysia via its Maybank2u (“M2u”) mobile banking App. Maybank Mobile App M2u The mobile App service enables Maybank customers to transfer money to more than 500,000

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Alibaba Founder Appointed As Malaysia’s Digital Economy Advisor Amid Digital Free Trade Zone Initiative

Jack Ma, the founder and executive chairman of Alibaba Group, has been appointed as Malaysia’s digital economy advisor as the government looks to boost the country’s e-commerce and Internet sector, and create new opportunities for Malaysia. Prime minister Datuk Seri

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Industry Stakeholders Team Up To Boost Malaysia’s Fintech Sector

A new association has been formed earlier this month in Malaysia to represent the fintech scene and push the country into becoming a leading hub. This followed a set of initiatives that have been launched in Malaysia in recent months

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CurrenSeek Enables Travellers to Compare and Locate the Best FOREX Exchange Providers

Malaysian startup CurrenSeek is a location-based currency exchange app that helps travellers compare and locate the moneychangers with the best rates. The company claims that travellers can save up to 200% of their travel money using the service. Created by

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