FinTech

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

Google Play integrates K PLUS via Antom Merchant Payment Service

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.

Adyen, Atlas tie up to improve payments technology for Singapore’s F&B businesses

Adyen, the global payments platform, announced Thursday its partnership with Singapore-based restaurant operating system Atlas, to improve payments technology for Singapore’s food and beverage (F&B) businesses.

Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities

Thunes, a Singapore-based fintech firm, has announced a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.