MalaysiaRSS

Top fintech stories this week – 17 November 2017

Banking Technology logo

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

ACI powers Malaysia’s real-time payments network plan

ACI

Payments Network Malaysia (PayNet), the national financial market infrastructure provider, will build Malaysia’s real-time retail payments platform (RPP) using ACI Worldwide’s UP Immediate Payments solution. RPP is an initiative to modernise the country’s infrastructure to all participants in the ecosystem, including banks, institutions, businesses, consumers and the government. PayNet resulted from the merger of Bank […]

RHB and RinggitPlus launch chatbot lending in Malaysia

RHB Bank Berhad 1

Malaysia’s RHB Bank Berhad and RinggitPlus – a comparison website for financial products – have introduced “ChatBot’”, the “first” real-time messenger-style platform in Southeast Asia for personal loan applications. Consumers can apply for a loan via ChatBot on RinggitPlus’s website and obtain the results for eligibility via an SMS. The platform auto populates information provided […]

Alipay buzz continues with Starbucks deal

Starbucks

Alipay is zipping along in terms of its international expansion. With its latest partnership, the world’s largest online and mobile payment platform operated by Ant Financial, is now available for Chinese tourists at all 242 Starbucks branches across Malaysia.

Bank Islam plans digital Islamic banking roll-out

Bank Islam Malaysia Berhad

Bank Islam Malaysia Berhad is working with consulting firm Cognizant to lay the foundation for its digital banking platform roll-out across its entire network. Encik Khairul Kamarudin, CEO of Bank Islam, says the move will bring “greater accessibility to our customers as well as simplifying and improving their banking experience with us”. According to the […]

Ant Financial forms JV with CIMB subsidiary for digital financial services

ant financial

In another step to expand its global footprint and promote financial inclusion, Ant Financial is entering into an equity joint venture (JV) with CIMB Group’s subsidiary Touch ‘n Go (TNG), reports Paybefore, Banking Technology‘s sister publication. The JV will introduce a “world-class mobile platform for payments and other financial services,” the companies say. TNG will […]

Maybank launches fintech sandbox

maybank-logo

Malaysia’s largest bank, Maybank, has unveiled its fintech sandbox to let ASEAN start-ups develop and test new ideas. As the “first in ASEAN”, the Maybank FinTech Sandbox offers a place “free of charge” to help developers throughout the region. The bank is keen to tap into ideas around cloud, the internet of things (IoT) and […]

Top fintech stories this week – 2 June 2017

Banking Technology logo

Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Malaysia’s central bank unveils fintech sandbox

Bank Negara Malaysia

Bank Negara Malaysia (BNM), the nation’s central bank, has approved four fintech start-ups to operate within its regulatory sandbox. As Banking Technology reported last month, BNM called out to fintech start-ups for ideas to improve the financial services sector. The bank’s Financial Technology Enabler Group (FTEG) announced it was open to concepts through its “Fintech […]

Malaysia’s central bank seeks fintech start-ups

Fintech Hacks - Call for Participation

Bank Negara Malaysia (BNM), the nation’s central bank, is calling out to fintech start-ups for ideas to improve the financial services sector. The bank’s Financial Technology Enabler Group (FTEG) is now open to concepts through its “Fintech Hacks” initiative which aims to “identify pain points in the delivery and consumption of financial services, and solicit […]

@banking
techno