News
Mastercard: 99 percent of Malaysians are likely to use emerging digital payment methods in the next year
Digital payments adoption is fast gaining traction locally as Malaysians adopt innovative payment options and leapfrog into mobile-first ecosystems, a new research by Mastercard showed Tuesday.
Malaysia’s Ryt Bank selects Provenir for AI risk decisioning
Provenir, a global artificial intelligence (AI) risk decisioning software firm, announced Tuesday it has partnered with Ryt Bank, a Malaysia-based AI-powered bank, to support the bank’s mission of delivering fast, simple, and innovative banking services.
Grab PH partners PDAX, Triple-A to add cryptocurrencies on GrabPay wallets
Grab has partnered with payments provider Triple-A and digital asset exchange PDAX, to enable Grab users in the Philippines to top up their GrabPay wallets using cryptocurrencies.
Singapore’s HeyMax acquires krip to accelerate regional expansion
HeyMax, a loyalty and travel rewards platform based in Singapore, announced Wednesday that it has acquired krip, a Hong Kong-based fintech firm with integrated credit card benefits platform, to accelerate regional expansion.
Actis acquires Singapore’s HVAC systems ESaaS provider bbp
Actis, a growth markets investor in sustainable infrastructure, has acquired a 100 percent stake in Barghest Building Performance (bbp), a Singapore-based energy-savings-as-a-service (ESaaS) provider for heating, ventilation and air conditioning (HVAC) systems in Asia.
Capital Markets Malaysia expands simplified ESG disclosure guide with GHG emission calculator for SMEs
Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), has on Tuesday launched the Simplified ESG Disclosure Guide (SEDG) greenhouse gas (GHG) emissions calculator for Small and medium enterprise (SMEs).
MAS appoints first three asset managers under the EQDP
The Monetary Authority of Singapore (MAS) has appointed the first three asset managers under the Equity Market Development Program (EQDP) - Avanda Investment Management, Fullerton Fund Management and JP Morgan Asset Management.
DBS launches Gen AI-powered coaching tool for workforce
Singapore-based lender DBS announced Tuesday that it is democratizing coaching for its workforce with the launch of iCoach, a generative AI-powered (Gen AI) platform developed in collaboration with Marshall Goldsmith, one of the world’s top executive coaches.
Bursa Carbon Exchange, UEM Lestra collaborate to pilot Malaysia’s first CRESS auction
Bursa Carbon Exchange (BCX), a wholly-owned subsidiary of Bursa Malaysia Berhad, has on Tuesday entered into a memorandum of collaboration (MoC) with UEM Lestra Bhd, a whollyowned subsidiary of UEM Group Berhad, to pilot Malaysia’s first Bilateral Energy Supply Contract (BESC) auction under the Corporate Renewable Energy Supply Scheme (CRESS).
AI adoption surges across APAC even as enterprise spending and strategy fall short
A new study by ServiceNow has revealed a growing disconnect between enterprise ambition and execution when it comes to artificial intelligence (AI) in Asia Pacific (APAC).
