Malaysian Can Pay Taxi Ride in Singapore Using Touch N Go eWallet
Jun12

Malaysian Can Pay Taxi Ride in Singapore Using Touch N Go eWallet

 One of the largest Singapore taxi operators, ComfortDelGro has announced its collaboration with Alipay+ to cashless transactions among tourists from Malaysia and South Korea while riding the taxi. Under the collaboration, Malaysian can use Touch ‘n Go eWallet to pay the taxi fares without the need to exchange local currency while South Korean can use Kakao Pay to do the same. 12 June 2022 original...

Read More
Razer Fintech Enters Indonesia Market through Acquisition of E2Pay
Jun12

Razer Fintech Enters Indonesia Market through Acquisition of E2Pay

 Malaysia’s digital payment company Razer Merchant Services’ parent company Razer Fintech has announced its acquisition of E2Pay, a digital payment facilitator and e-money player in Indonesia to marks its further expansion into Indonesia. Founded in 2012, E2Pay provides a breadth of payment solutions to merchants and financial institutions, including payment gateway, e-money, and remittance services licenses in...

Read More
Wirex Eases Malaysians to Buy Crypto Using Local Payment Methods
Jun12

Wirex Eases Malaysians to Buy Crypto Using Local Payment Methods

 The crypto payments company, Wirex has introduced new payment methods for Indonesian and Malaysian to buy crypto easily on the app using their local banks’ instant bank transfer service. The Wirex Wallet is available globally and was created to make the benefits of DeFi available for everyday users. Considered one of the most accessible wallet products available, it offers an industry-leading user interface and...

Read More

Bank Negara Malaysia, Banks and Law Enforcement Agencies Work Together to Combat Financial Frauds

 Bank Negara Malaysia (BNM) released a statement today that all licensed banks are required to adopt high standards of security, particularly for internet and mobile banking services. This includes routine security reviews and advisories issued by BNM to financial institutions to enhance existing controls and ensure adequate protection against latest threats, while maintaining efficient services for customers. There have been...

Read More
Axaipay Offers SME a Zero Transaction Fee to Accept FPX Transactions
Jun07

Axaipay Offers SME a Zero Transaction Fee to Accept FPX Transactions

 Starting from today, small and medium enterprises (SMEs) in Malaysia can enjoy zero transaction fee for FPX transactions through Axaipay eComPay. Axaipay eComPay is a payment solution powered by Axaipay that facilitate websites and mobile applications to accept multiple payment methods including credit card, debit card, FPX and e-money securely anytime, anywhere. According to the Founder and CEO of Axaipay, Terry Yee, SMEs in...

Read More
Majority of Malaysian Consumers Want Their Bank to Become More Sustainable in The Future
Jun01

Majority of Malaysian Consumers Want Their Bank to Become More Sustainable in The Future

 More than three quarters (77%) of Malaysian consumers want their bank or financial institution to become more sustainable in the future, and 65% would consider switching to a bank with a stronger commitment to sustainability, according to a new report from cloud banking platform Mambu. The Is the grass greener on the sustainable side? report surveyed over 6,000 consumers globally, and over 500 from Malaysia, on their attitudes...

Read More
New BNPL Provider Ablr Rolls Out Its Service in Malaysia with Khind
May21

New BNPL Provider Ablr Rolls Out Its Service in Malaysia with Khind

 Ablr is now officially available in Malaysia to bring consumers a seamless Buy Now Pay Later (BNPL) solution with payment plans of the greatest flexibility in market to date, enabling Malaysians access to essential purchases that can be paid off over time. Its debut serves to financially assist Malaysians over a wide range of needs, encouraging better monetary management through flexible payments for important purchases. As a...

Read More
Kaspersky Found One Third of Seniors Gets Anxious When Paying Online
May05

Kaspersky Found One Third of Seniors Gets Anxious When Paying Online

 Digital payment has emerged to be the leading choice for many consumers in Southeast Asia (SEA) when it comes to conducting their online financial transactions. A recent Kaspersky research showed that digital considerations about cybersecurity and payments factor heavily into a consumer’s purchasing behavior in the region. Titled “Mapping a secure path for the future of digital payments in APAC”, the study discovered that one in...

Read More
BNM Announces Five Successful Applicants of Digital Bank License
Apr29

BNM Announces Five Successful Applicants of Digital Bank License

 Bank Negara Malaysia (BNM) today announced the five successful applicants for the digital bank licences. The successful applicants are: a consortium of Boost Holdings Sdn. Bhd. and RHB Bank Berhad; a consortium led by GXS Bank Pte. Ltd. and Kuok Brothers Sdn. Bhd; a consortium led by Sea Limited and YTL Digital Capital Sdn Bhd. a consortium of AEON Financial Service Co., Ltd., AEON Credit Service (M) Berhad and MoneyLion Inc.;...

Read More
MasterCard Introduces New Tool to Improve Online Experience and Prevent Digital Fraud
Apr25

MasterCard Introduces New Tool to Improve Online Experience and Prevent Digital Fraud

 Mastercard has announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corp. With its enhanced Digital Transaction Insights solution, MasterCard is able to provide financial institutions with the additional intelligence needed to optimize their authorization decisions and approve more genuine transactions. Digital...

Read More