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Found 38 results in 953 milliseconds.

Boost and RHB digital bank consortium start operations in Malaysia

News | Online & Mobile Banking | 10 Jan 2024

Malaysia-based fintech Boost and its consortium partner RHB Banking Group have gotten approval from Bank Negara Malaysia (BNM) and the Ministry of Finance to operate as a digital bank.

digital banking, partnership, financial inclusion, fintech, digitalisation

PayNet launches MY TouristPay app for Malaysia's visitors

News | Payments General | 12 Dec 2023

Malaysia-based payment network PayNet announces the launch of MY TouristPay App designed to facilitate seamless payments for tourists in Malaysia. 

digital payments, mobile payments, PayNet, product launch, QR payments

Singapore Central Bank to tighten crypto speculation rules, eases investment qualifications

News | Cryptocurrencies | 27 Nov 2023

Singapore Central Bank has released a response to industry feedback on a consultation paper of proposed regulations for crypto service providers.

cryptocurrency, regulation, risk management, credit card, digital payments

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

Boku MY to operate as a Non-Bank Merchant Acquirer

News | Payments General | 26 Sep 2023

Provider of mobile payment solutions Boku has received authorisation for its Malaysian entity to operate as a Non-Bank Merchant Acquirer.

mobile payments, online payments, e-wallet, financial services, merchant, COVID-19

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)

BIS's Nexus prototype links Eurosystem, Malaysia and Singapore payment systems

News | Online Payments | 27 Mar 2023

The Bank for International Settlements (BIS) Innovation Hub Singapore Centre has developed the Nexus concept of a multilateral network connecting multiple domestic instant payment systems (IPS).

instant payments, real-time payments, Monetary Authority of Singapore (MAS), PayNow, PromptPay

Thailand, Vietnam launch joint QR payment services

News | Payments General | 23 Nov 2022

The State Bank of Vietnam (SBV) and the Bank of Thailand (BOT) have launched joint QR payment services, a cross-border payments alternative between the countries.

partnership, QR code, QR payments, cross-border payments, cross-border ecommerce, cross-border logistics, payments , payment processing, real-time payments

CFPB's report show BNPL must be regulated

News | Payments General | 19 Sep 2022

The Consumer Financial Protection Bureau has issued a report suggesting that Buy Now, Pay Later companies must be subjected to stricter oversight.

BNPL, study, credit card, data, payments

BNPL: About scale-downs and who's keeping up with the trends

Voice of the Industry | Online Payments | 19 Sep 2022

The Paypers presents BNPL’s size of the market, scale-downs, Klarna’s story as well as latest developments in this field.

BNPL, payment methods, regulation, instalment payments, digital wallet, fintech, white-label, credit card

Nium launches real-time payments to Malaysia

News | Payments General | 19 May 2022

Singapore-based fintech Nium has made real-time payments available in Malaysia and announced broader local license capabilities.

real-time payments, expansion, fintech, PSP, settlement, Nium

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

Bank Negara Malaysia and PayNet to augment cross-border transactions

News | Online Payments | 15 Nov 2021

Malaysia-based payments network PayNet and Bank Negara Malaysia have taken part in Project Nexus by working together to enhance the cost and speed of international payments.

cross-border payments, real-time payments, online payments, PayNet, Monetary Authority of Singapore (MAS)

Thai payment platform Omise to expand to Malaysia

News | Online Payments | 02 Nov 2021

Thailand-located payment platform Omise has launched its operations in Malaysia in late 2021, as part of its expansion strategy throughout Southeast Asia region.

expansion, online payments, payment methods, payment processing

DuitNow and PayNow to link in 2022

News | Mobile Payments | 28 Sep 2021

BANK Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) announced plans to commence a phased linkage of Malaysia’s DuitNow and Singapore’s PayNow payment systems.

mobile payments, QR payments, PayNow, expansion, regulation

WorldRemit launches money transfer services in Malaysia

News | Online Payments | 16 Aug 2021

WorldRemit, a UK-based digital cross-border payments company, has introduced its money transfer services in Malaysia’s markets through its app and web-based platform.

 

expansion, cross-border payments, remittance, online payments

ManagePay and iFAST apply for digital banking licence

News | Online & Mobile Banking | 05 Jul 2021

ManagePay (MPay) and iFAST have filed a digital banking licence application with Central Bank of Malaysia.

digital banking, banking licence, banks

BigPay enters digital banking space in Malaysia

News | Online & Mobile Banking | 02 Jul 2021

BigPay has officially submitted its application for a digital banking licence to Bank Negara Malaysia, according to fintechnews.my.

digital banking, banking licence