BNM Issues Policy Document On e-KYC, Takes Effect Immediately
Bank Negara Malaysia (BNM) has published its policy document on electronic know-your-customer (e-KYC) technology, intended to accelerate and…
Standard Chartered Introduces Phone Call Authentication Via SMS Verification
Update 17 June 2020: This article has been updated to emphasise that the service is aimed at priority banking customers,…
Google Is Reportedly Working On Its Own Smart Debit Card
Google is reportedly in the midst of developing its own smart debit card. Said to be available in…
Johor State Government May Soon Establish Its Own Digital Bank
The Johor state government has expressed interest in setting up a digital bank to boost its digital economy.…
Hong Kong-Based Investment Banking Firm AMTD Seeks Malaysian Digital Banking Licence
Hong Kong-based investment banking firm AMTD has revealed that they are seeking a digital banking licence in Malaysia.…
Razer, Grab, And AirAsia Are Potential Bidders For Malaysian Digital Banking Licence
Malaysians may soon find themselves conducting banking services with names such as Grab, Razer, and AirAsia. Reuters has…
Cashless Ecosystem Launched For Cyberjaya, More Banks And E-Wallets To Adopt DuitNow QR
Finance Minister Lim Guan Eng launched the Cashless Ecosystem for Cyberjaya, making Cyberjaya the first city to adopt…
BNM Issues Draft Framework For Digital Banks To Enable Innovative Fintech
Bank Negara Malaysia has issued the exposure draft for the licencing framework for digital banks, with hopes that it will address consumer gaps in underserved markets.
Mah Sing And RinggitPlus Launch Malaysia’s First Home Loan Chatbot
The chatbot will help home buyers to understand more about their purchase as well as apply for a home loan.
Google To Offer Current Accounts In Partnership With Citi
The tech giant is planning to roll out current accounts to its customers through the Google Pay app.