Bank Negara Malaysia

Malaysia central bank, ASEAN 5 to set up multilateral platform for cross-border payment connectivity

The central bank of Malaysia is working with ASEAN 5 (Indonesia, the Philippines, Singapore, Thailand, and Malaysia), together with the Bank for International Settlements…

Indonesia and Malaysia announce commercial launch of cross-border QR payment linkage

Bank Indonesia (BI) and Bank Negara Malaysia (BNM) have on Monday announced the commercial launch of the Indonesia-Malaysia cross-border QR payment linkage. BNM said in a…

Malaysia Central Bank to co-host virtual AML/CFT Hackathon 2023 to help crack down on financial crime

Malaysia's Central Bank, in partnership with the Financial Intelligence Consultative Group (FICG), will be co-hosting the AML/CFT Hackathon 2023 from June 1 to 28, 2023 to develop…

Malaysia has no plans for more digital banking licenses – report

Malaysia has no plans to issue more digital banking licenses, according to Bank Negara Malaysia Governor Nor Shamsiah Mohd Yunus. “At this point, we have no plans to issue any…

Malaysia to announce digital bank license winners next month – report

Bank Negara Malaysia (BNM) targets to announce the winners of its digital banking licenses next month, according to the central bank's governor Nor Shamsiah Mohd Yunus. “We are in…

Malaysia, Indonesia central banks launch cross border QR payment linkage

The central banks of Malaysia and Indonesia on Thursday launched a cross-border QR payment linkage, to enable instant, secure, and efficient cross-border payments between Malaysia…

Malaysia launches Financial Sector Blueprint 2022-2026, advancing digitalization of the financial sector’s among the strategic thrusts

Malaysia has launched the Financial Sector Blueprint 2022-2026 which sets out Bank Negara Malaysia’s vision for financial sector development over the next five years, and the…

Bank Negara Malaysia working with ‘relevant authorities’ to address concerns over BNPL

Malaysia central bank said on Thursday it is working with relevant authorities and others to address growing concerns related to buy now, pay later (BNPL) schemes. "While the BNPL…

Malaysia & Singapore to link real-time payment systems in Q4 2022

Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) announced on Monday the plans to commence a phased linkage of Malaysia’s "DuitNow" and Singapore’s…

Central banks of Australia, Malaysia, Singapore, South Africa to test central bank digital currencies for international settlements

The Bank for International Settlements (BIS) Innovation Hub and four central banks including the Reserve Bank of Australia, Bank Negara Malaysia, Monetary Authority of Singapore,…