Bank Negara Malaysia

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,…

Airwallex secures money services business license in Malaysia, now positioned for growth in Southeast Asia

Global FinTech platform Airwallex announced on Thursday that the company has secured a money services business (MSB) license issued by Bank Negara Malaysia, the central bank of…

29 Applicants to bid for 5 digital banking licenses in Malaysia, with national cooperatives group joining in

Malaysia central bank Bank Negara Malaysia announced on Friday that it has received 29 applications for a digital bank license under the Financial Services Act 2013 and the…