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MAS and BNM launch cross-border real-time payment tool

News | Online & Mobile Banking | 20 Nov 2023

The Monetary Authority of Singapore and Bank Negara Malaysia have partnered to launch a cross-border real-time payment system connectivity between PayNow and DuitNow.

partnership, product launch, cross-border payments, cross-border ecommerce, P2P, P2P payments, ecommerce, banking, financial services, financial institutions

Grab-led digital bank GXBank is approved to operate by BNM

News | Online & Mobile Banking | 06 Sep 2023

Digital bank GX Bank Berhad (GXBank), led by superapp Grab has received approval from the Minister of Finance and Bank Negara Malaysia (BNM) to commence operations.

product launch, certification, digital banking, banking, fintech, financial services, financial inclusion, SMEs

Indonesia, Malaysia launch cross-border QR payment linkage

News | Payments General | 08 May 2023

Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have announced the commercial launch of Indonesia – Malaysia cross-border QR payment linkage for instant retail payments.

partnership, product launch, QR code, QR payments, DuitNow QR, QRIS, cross-border payments, instant payments, merchants, payment methods, fintech, financial inclusion, travel payments, retail, ecommerce, settlement, SMEs

Singapore and Malaysia launch cross-border QR code payment links

News | Mobile Payments | 03 Apr 2023

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have rolled out a a cross-border QR code payment link.

QR payments, QR code, cross-border payments, online payments, Monetary Authority of Singapore (MAS)

National Bank of Malaysia to award five digital banking licenses

News | Online & Mobile Banking | 22 Feb 2022

Bank Negara Malaysia, the country’s central bank, has announced it will award up to five digital banking licenses out of the 29 applicants enrolled in the programme.

central bank, digital banking, online banking, digitalisation, financial services