FinTech

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.

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.

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

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.

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, 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, 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.

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 (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

Google Play, Ant International’s Antom and KASIKORNBANK announced Friday the launch of K PLUS as a new local payment method on Google Play, marking the first time that a Southeast Asia (SEA) mobile banking app is made available as a payment option in the platform.