Tagged: malaysia

Malaysia Taps LC Wakaful Digital to Run First Social Exchange Platform

Malaysia’s securities regulator has appointed LC Wakaful Digital Sdn Bhd (LCWD) as the first operator of a new “Social Exchange Platform”, a move aimed at bringing capital-markets-style governance and transparency to donation-based funding for social projects. The Securities Commission Malaysia (SC) said the appointment is… Read More

Malaysia’s Paydibs, Philippines’ AltPayNet Tie Up on Cross-Border Payments

Cross-border payments in Southeast Asia are shifting from pure remittances to “everyday” obligations, like social security contributions, where compliance and local rails are as important as speed. A new Malaysia–Philippines partnership is betting that overseas Filipinos will be an early driver of that interoperable-payments push…. Read More

Malaysia’s Anti-Graft Chief Warns of Crowdfunding Abuse as NGOs Face Probe

Malaysia’s top anti-graft official has warned that the absence of clear laws governing online crowdfunding has opened the door to widespread abuse of public donations, as authorities probe alleged misuse linked to high-profile fundraising campaigns. Malaysian Anti-Corruption Commission (MACC) chief commissioner Azam Baki said irresponsible… Read More

Currenc to Sell 60% Stake in Payments Hub Tranglo for $400m Cash

Currenc Group Inc said it has agreed to sell its 60% stake in Malaysian cross-border payments hub Tranglo Sdn Bhd to New Margin Holding Limited for $400 million in cash, marking the first completed step in the Nasdaq-listed fintech firm’s broader restructuring and value-unlocking plan…. Read More

Malaysia Posts $13.33bn Approved Digital Investment in Q3

Malaysia drew 54.13 billion ringgit ($13.3 billion) in approved Malaysia Digital (MD) investments in the third quarter of 2025, projects expected to generate 21,815 high-value jobs across 402 digital companies, according to the Malaysia Digital Economy Corporation (MDEC). MDEC said the investment pipeline underscored sustained… Read More

CIMB Prepares Tokenised Bond, Sukuk Issuance as Malaysia Pilots Digital Securities

CIMB Group is laying the groundwork to issue tokenised bonds and Islamic sukuk in Malaysia, positioning itself early as regulators move to modernise capital markets through the use of distributed-ledger technology. The bank said it will develop tokenised financial services covering assets, settlement and payment… Read More

Capital A, Standard Chartered Malaysia to Explore Ringgit Stablecoin Under Central Bank Hub

Capital A Berhad and Standard Chartered Bank Malaysia have signed a letter of intent to explore the development and testing of a ringgit-denominated stablecoin, joining a growing list of firms looking to build regulated digital-asset rails for payments and settlements. The project would be pursued… Read More

Aberdeen Investments Marks 20 Years of Operations in Malaysia

Aberdeen Investments marks its 20th year of business operations in Malaysia, reportedly completing two decades of steady growth and partnerships in this fast-evolving financial market. Since forming its Kuala Lumpur office back in 2005, Aberdeen has served a key role in contributing to Malaysia’s investment… Read More

Malaysia To Step Up Push Into Europe, Latin America and Africa To Boost Trade

Malaysia will intensify efforts to enter new markets in Europe, Latin America and Africa to boost trade and strengthen its position as a competitive trading nation, Prime Minister Anwar Ibrahim said on Sunday, according to state news agency Bernama. Speaking at the closing ceremony of… Read More

South Africa’s Bitget Wallet Expands Crypto Payment Offering to Asia

South Africa-based Bitget Wallet launched the Bitget Wallet Card in selected Asia-Pacific markets, including Malaysia, expanding the crypto firm’s payments reach in a region it says is the world’s fastest-growing for digital assets. The self-custodial card connects users’ crypto balances to Mastercard’s network of more… Read More

Malaysia’s Maybank Expands Local Operations, Introduces New Branch Concept

Malayan Banking Berhad (Maybank), which claims to be one of the nation’s largest banks, has made significant strides across physical expansion, financial performance, and technological partnerships. These developments underscore Maybank’s commitment to enhancing accessibility, sustaining growth, and embracing digital transformation amid evolving market demands. These… Read More

Malaysia’s PayNet Expands Partners with China’s Ant International for Cross-border Digital Payments

Payments Network Malaysia Sdn Bhd (PayNet), the operator of the country’s national payments network, has expanded its partnership with China’s Ant International to strengthen cross-border digital payments, boost tourism and advance financial technology cooperation. The two firms signed a renewed memorandum of understanding (MoU) that… Read More

Axiata Group Signs Cybersecurity Partnership with Cambodia Ministry

Malaysian telecommunications company Axiata Group Berhad signed a memorandum of understanding with Cambodia’s Ministry of Post and Telecommunications to enhance cybersecurity capabilities and develop digital talent in the Southeast Asian nation. The agreement establishes cooperation between Axiata and the ministry across cyber threat intelligence, incident… Read More

WorldFirst Receives Malaysian License to Expand Cross-Border Payment Services

Ant International’s WorldFirst has obtained a Class A Money Services Business license from Bank Negara Malaysia, enabling the company to provide international payment and foreign currency receipt services in the country. The license permits WorldFirst to serve small and medium-sized enterprises conducting cross-border trade operations…. Read More

ASEAN Sustainable Finance Efforts Gain Momentum at Kuala Lumpur Conference

The SIDC-CASI SRI Conference 2025 concluded in Kuala Lumpur after three days of discussions focused on accelerating sustainable finance across Southeast Asia. Co-hosted by the Securities Industry Development Corporation (SIDC) and the Capacity-building Alliance of Sustainable Investment (CASI), the event gathered more than 300 delegates… Read More

Malaysia Ramps Up Financial Literacy Push with Nationwide Campaign

Malaysia’s central bank launched its flagship Karnival Celik Kewangan (Financial Literacy Carnival) in Tawau on Saturday, as part of a broader push to strengthen financial resilience among underbanked communities. The event was officiated with opening remarks by Bank Negara Malaysia (BNM) Deputy Governor Adnan Zaylani… Read More

Securities Commission Malaysia Plans Overhaul of Crypto Exchange Rules

Malaysia’s Securities Commission (SC) has proposed a set of regulatory enhancements aimed at strengthening the country’s digital asset exchange (DAX) framework, seeking to accelerate token listings and bolster investor protection measures. According to a consultation paper published on Monday, the proposed changes include allowing certain… Read More

Southeast Asia’s Maybank Remains Focused on Sustainability with Innovative Financial Solutions

Southeast Asia’s Maybank has recently shared significant updates focused on advancing sustainability and social impact through innovative financial solutions and strategic partnerships. Recently, Maybank announced initiatives that underscore its commitment to fostering a sustainable and inclusive future across the ASEAN region. These efforts include providing… Read More

Bank Muamalat Launches ATLAS, Malaysia’s Islamic Digital-Only Bank

Backbase, the global enabler of AI-powered banking technology, announces that Bank Muamalat has officially launched ATLAS by Bank Muamalat (ATLAS), Malaysia’s first Islamic digital-only bank centered on faith and lifestyle alignment. This milestone represents a transformative “leap in Bank Muamalat’s journey to redefine Islamic banking,… Read More

CIMB Bank Teams Up with ACI Worldwide to Enable Payment Transformation

ACI Worldwide (NASDAQ: ACIW), an innovator in global payments technology, announced that CIMB Bank, one of ASEAN’s banking groups and Malaysia’s second largest financial services provider, has “chosen ACI’s payment solution to converge all account-to-account transactions—real-time, ACH, RTGS and cross-border—onto a single future-proof payments platform.”… Read More

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