Tagged: effendy shahul hamid

CIMB Bank in Malaysia Announces Lock Clicks ID Feature to Prevent Fraudulent Activities

CIMB Bank Berhad and CIMB Islamic Bank Berhad announced that it has introduced a self-service ‘Lock Clicks ID’ feature which acts as a ‘kill switch’ for both its CIMB Clicks App and CIMB OCTO App “effective 16 January 2023.” The new feature will enable customers… Read More

Malaysia’s TNG Digital Secures Funding from Lazada, Touch ‘n Go

TNG Digital, the owner and operator of the Touch ‘n Go eWallet, has secured RM 750 million (appr. $168.5 million) as part of its latest round of equity funding. This investment round has been led by a fresh investment from the Lazada Group and a… Read More

Touch ‘N Go Digital Wallet to Offer Prepaid Payments Card in Malaysia with Visa by Next Year

Touch ‘n Go has teamed up with Visa (NYSE: V) in order to create a prepaid card solution that is tied to its digital wallet and is expected to be available to clients next year. Touch ‘n Go Sdn Bhd (TNGSB) was incorporated in October… Read More

Touch ‘n Go Group and Principal Asset Management Introduce Shariah-Compliant E-Cash Fund in Malaysia

Touch ‘n Go Group (TNG) and Principal Asset Management revealed on August 18, 2021 that they’re introducing the Principal e-Cash Fund, which is the underlying fund for Touch ‘n Go’s GO+. This product is now Shariah-compliant, the update confirmed. TNG’s management noted that this makes… Read More

AIA Malaysia to Acquire Minority Stake in TNG Digital, Owner of Touch n’ Go Digital Wallet

AIA Malaysia reveals that it will be acquiring a minority stake in TNG Digital, which is the owner of Touch ‘n Go digital wallet. This deal will reportedly be a key part of a long-term strategic partnership. The Edge reported that this transaction should make… Read More

TNG Digital in Malaysia Is Reportedly one of the First Digital Wallet Providers to be Approved as a Recognized Market Operator

Touch ‘n Go (TNG) Group’s subsidiary TNG Digital Sdn Bhd (TNGD) is reportedly one of the first digital wallet providers to be given conditional approval to serve as a Recognized Market Operator (RMO) by the Securities Commission of Malaysia (SC). TNG’s management noted that they’re… Read More

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