American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience
Jul09

American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience

 9 July 2020 – E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-free purchases across various merchants and platforms. Now, it’s more important than ever that the online checkout experience is seamless and consistent across all types of digital channels and cards. Today, American Express, Discover, Mastercard and Visa announced they are each beginning technical...

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Mastercard Expands Simple And Secure Digital Checkout Experience In Asia Pacific As Consumers Flock To Online Shopping
Jul09

Mastercard Expands Simple And Secure Digital Checkout Experience In Asia Pacific As Consumers Flock To Online Shopping

 9 July 2020 – As Asia Pacific shifts rapidly to digital commerce, Mastercard is bringing the next generation of seamless payments to the region with an online checkout solution that eliminates passwords, protects data with smart security and makes transactions a breeze with just a few clicks. Accelerated by COVID-19, digital by default is becoming the norm and shoppers now expect maximum convenience as they seek on-demand goods...

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Instapay Technologies Revolutionises Financial Inclusion for Foreign Migrant Workers
Jul09

Instapay Technologies Revolutionises Financial Inclusion for Foreign Migrant Workers

 9 July 2020 – Instapay Technologies Sdn Bhd, a Malaysian Fintech initiative set to revolutionise financial services for foreign migrant workers, has joined hands with Mastercard and offers e-wallet accounts with linked Mastercard card and remittance services. Instapay caters to the underbanked community of foreign migrant workers, filling the financial services gap for many workers in Malaysia. “We’re focused on bridging the gap...

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Malaysia’s Mfmi Group Selects Mambu To Launch Its New Digital Islamic Financial Services In The Cloud
Jul06

Malaysia’s Mfmi Group Selects Mambu To Launch Its New Digital Islamic Financial Services In The Cloud

 6 June 2020 – MFMi Group, part of leading Malaysian fintech specialist MFM Synergy, has announced it has chosen Mambu’s pure SaaS cloud-native banking platform to underpin its new digital Islamic financial services. Starting with a digital Sharia Compliant Factoring product, ‘MFM Tawreeq’, the company is also building an Islamic digital wallet and has a strategic plan to launch a suite of complementary Islamic financial...

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BNM to hold a Webinar on R&R loans for SMEs and Individuals
Jul03

BNM to hold a Webinar on R&R loans for SMEs and Individuals

 3 July 2020 – Bank Negara Malaysia (“BNM”) will organise a webinar today from 11am until 12pm about Restructured and Rescheduled (“R&R”) loans. During the webinar, the speakers will advise the audience on how R&R will be able to assist SMEs and also the public. The moratorium program announcement by BNM in March 2020 allows loan borrowers to defer their load payment for 6 months. If you...

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Bank Negara Malaysia Welcomes Financial Institutions to Adopt Electronic Know-Your-Customer
Jul02

Bank Negara Malaysia Welcomes Financial Institutions to Adopt Electronic Know-Your-Customer

 2 July 2020 – Bank Negara Malaysia has released a policy document on Electronic Know-Your-Customer (e-KYC). The policy document aims to accelerate and streamline practices of industry players in their adoption of e-KYC technology, the online process of identifying and verifying individual customers. The policy comes into effect starting from 30 June 2020 onward.   The digitalisation of identification and verification...

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