Malaysia

Razer Merchant Services Secures Visa Acquiring License in 3 ASEAN Countries

Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has secured Visa’s Direct Acquiring license in Malaysia, Singapore and the Philippines, as part of a regional partnership. Simultaneously, RMS is now certified with the Visa Token Service (VTS) to

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UOB Has Over 7M Customers After Acquisition of Citi’s M’sia, Thai, Vietnam Retail Businesses

UOB has added another 15 branches to its network across Malaysia, Thailand and Vietnam, bringing the total number to over 200 following its acquisition of Citi’s consumer banking businesses in those three countries. This has pushed UOB’s retail customer base

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Bukalapak Snaps up Majority Stake in Malaysia’s iPrice

Indonesian e-commerce platform Bukalapak has acquired a majority stake in Malaysian price comparison platform iPrice. Details of the transaction was not disclosed. This acquisition comes on the heels of Bukalapak’s decision to shift its focus from competing head-to-head with other

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Google Wallet Lands in Vietnam, Thailand and Malaysia

Google Wallet has now been extended to three additional Southeast Asian countries – Vietnam, Thailand and Malaysia – making it available in 57 countries total. In Vietnam, the feature is currently only supported for Visa cardholders while Mastercard will be

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Five ASEAN Central Banks Sign MoU for Regional Payment Connectivity

Five central banks in ASEAN announced that they have inked a Memorandum of Understanding (MOU) to collaborate on regional payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments. Signed at the G20 Leaders’ Summit, the central

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ComfortDelGro Partners Alipay+ to Accept Mobile Payments From Malaysia, S. Korea

Singaporean taxi operator ComfortDelGro Taxi has partnered with Alipay+ to enable mobile payments from Malaysia and South Korea through Touch ‘n Go eWallet and Kakao Pay respectively in all its Comfort and CityCab taxis. Users of these mobile wallets can

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Google Cloud Appoints Sherie Ng to Lead Operations in Singapore and Malaysia

Google Cloud has announced the appointment of Sherie Ng as Country Director of Google Cloud’s business in Singapore and Malaysia. She will be responsible for leading revenue and go-to-market strategy and operations for Google Cloud Platform and Google Workspace, and

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eKYC to Fuel Asia’s Digital Banking Revolution

In Southeast Asia, governments are pushing for greater adoption of digital financial services by introducing favorable regulations on digital onboarding, digital banking, and more, experts said on December 3, 2020. During a virtual panel discussion with Fintech News last week,

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Razer Fintech Shifts Digital Banking Focus to Malaysia and Philippines

The Monetary Authority of Singapore announced last week the 4 entities who were awarded digital banking license. Digital banking hopeful Razer Fintech was not among the list. Responding to the announcement from MAS, Razer Fintech CEO, Lee Li Meng said

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Remitano Makes Cross-Border Money Transfer Much Easier With the “Cash-Out” Feature

To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow Malaysians to send and receive Malaysian Ringgit

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