InstaReM has implemented an e-KYC feature to provide frictionless onboarding to Malaysian residents and expatriates in Malaysia who need to make regular payments overseas.
With InstaReM's fully digital e-KYC process, which takes just a few minutes to complete, users from any part of Malaysia can get KYC done from the comfort of their home or office.
Having launched Malaysia operations in 2017, InstaReM, now powered by the recently-launched NIUM payments platform, is one of the first digital cross-border remittance fintech to implement the e-KYC process following the issuance of the e-KYC framework by the Bank Negara Malaysia (BNM).
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now