FinTech

J&C Pacific partners with PayNet to revolutionize FMCG promotions via AI WhatsApp platform

J&C Pacific Sdn Bhd, a Malaysia-based artificial intelligence (AI)-driven retail marketing solutions firm, has entered into a strategic collaboration with Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and the operator of the MyDebit scheme, to modernize the way fast-moving consumer goods (FMCG) campaigns are executed in…

KAF Digital Bank receives Malaysia’s green light for public onboarding

KAF Digital Bank announced Thursday it has received regulatory approval from Bank Negara Malaysia (BNM) to officially onboard members of the public as customers, following the successful completion of its rigorous PERINTIS Phase.

IMAS, UK’s IA join MAS’ Project Guardian to drive international collaboration, innovation in digital assets

The Investment Management Association of Singapore (IMAS) and UK's Investment Association (IA) have announced their participation in Project Guardian, an international initiative led by the Monetary Authority of Singapore (MAS) to explore the potential of blockchain and asset tokenization.

Ant International’s WorldFirst gets approval to provide payment services in Malaysia

WorldFirst, the payment firm of Ant International, has secured approval to provide payment services in Malaysia.

The RegTech paradox: Why faster doesn’t always mean riskier

We’re entering a new era of digital finance: borderless, fast-moving, AI-powered. But if our compliance systems still move like it’s 2013, we’re dragging yesterday’s infrastructure into tomorrow’s markets. The good news? Change is already happening.

Malaysia, Indonesia and Thailand expand local currency transaction framework

Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) have announced the appointment of additional qualified commercial banks to operationalize the Local Currency Transaction Framework (LCTF).

TransferMate receives In-Principle Approval from MAS to expand payment services in Singapore

TransferMate, a global embedded business to business (B2B) payments infrastructure as a service (IaaS) firm, announced Tuesday that its TransferMate Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) license.

SUNRATE secures Money Services Business license in Malaysia

SUNRATE, the Singapore-based payment and treasury management platform, announced Wednesday that the company has been awarded Approval-in-Principle (AIP) by the Bank Negara Malaysia (BNM) for a Money Services Business (MSB) license.

PayNet joins FinTechAI@CSAIL to boost AI-driven financial innovation

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has become the sole Malaysian founding member of the MIT CSAIL research initiative, FinTechAI@CSAIL, further reinforcing its leadership in artificial intelligence (AI)-driven financial innovation.

AEON Bank partners foodpanda to boost financial access among customers, riders and merchants

AEON Bank (M) Berhad, a Malaysia-based Islamic digital bank, has officially entered into a strategic partnership with foodpanda Malaysia, the country’s leading online food and grocery delivery platform, to boost financial access for customers, riders and merchants