Tag "Malaysia"
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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Malaysia Central Bank Publishes Study about Cryptocurrencies
A study published by Bank Negara Malaysia in September explores the implications of a Bank Negara Malaysia cryptocurrency or as the report calls it; a central bank backed digital currency. A central bank digital currency (CBDC), if introduced, is unlikely
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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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