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Citi Malaysia Appoints Yik Ping Chong to Lead Commercial Banking Expansion
The veteran banker will spearhead the growth of Citi’s mid-sized corporate client portfolio in Malaysia.
Grab’s Proposed Atome Acquisition Set to Supercharge Fintech Growth
S&P Global Ratings suggests the move will bolster Grab’s financial services capabilities across the region, including its presence in Malaysia.
Labuan IBFC and TRX City Forge Strategic Alliance to Unify Financial Hubs
The memorandum of understanding aims to integrate Malaysia’s premier financial centres to attract greater cross-border investment and business growth.
Grab Finalises US$1.49 Billion Acquisition of Buy Now, Pay Later Firm Atome
The regional super-app will take a majority 60% stake in the digital lender to bolster its Southeast Asian financial services footprint.
Malaysian Treasurers Embrace AI and Digital Assets Despite Significant Implementation Hurdles
HSBC’s latest report reveals that while local financial leaders are eager to adopt cutting-edge technologies, infrastructure and security gaps remain critical barriers to progress.
Ant International Shifts to AI-Driven Commerce as Grab Acquires Atome
The payments giant is pivoting its business model while a major consolidation reshapes the regional fintech landscape.
Grab Moves to Acquire Majority Stake in Atome Financial for $1.49 Billion
The super-app is set to bolster its fintech offerings by purchasing a 60% stake in the regional buy-now-pay-later provider.
Grab Moves to Acquire 60% Stake in Atome for US$1.49 Billion
The regional super-app aims to bolster its fintech dominance by integrating Atome’s lending infrastructure into its Southeast Asian ecosystem.
Grab Moves to Dominate Southeast Asian Credit with US$1.49B Atome Acquisition
The super-app’s controlling stake in the BNPL leader marks a pivot toward becoming a primary digital lender in the region.
Grab Acquires 60% Stake in Atome for RM6.1 Billion
The regional super-app moves to consolidate its fintech influence by taking a majority stake in the popular BNPL provider.
Grab and GXS Bank Launch Joint Financing Suite to Boost EV Adoption
The partnership aims to lower financial and operational hurdles for Grab driver-partners transitioning to electric vehicles.
TNG eWallet Adopts Ant International’s AI-Powered Agentic Mobile Protocol
Malaysia’s leading e-wallet will soon support automated AI payments as Ant International rolls out its new global framework.
Grab Reportedly Exploring Acquisition of Fintech Firm Atome
The regional super-app is reportedly eyeing a deal to absorb the SoftBank-backed buy-now-pay-later specialist as part of its ongoing aggressive expansion strategy.
Grab Poised to Acquire Majority Stake in BNPL Provider Atome
The regional super-app is reportedly eyeing a controlling interest in the Singaporean financing platform in a deal valued over US$2 billion.
Maybank Launches Savings+ to Democratise Micro-Investing via MAE App
The new Shariah-compliant feature allows Maybank users to start investing in money market funds with as little as RM10.
Fortefi Debuts Digital Treasury Platform to Optimize Idle SME Cash
The new Securities Commission-licensed platform enables Malaysian small businesses to generate returns on operating capital while maintaining necessary liquidity for daily expenses.
Paydibs Rolls Out Flexible Revenue-Based Financing for Local Merchants
Paydibs introduces a six-month financing model that allows Malaysian businesses to repay loans based on their weekly transaction performance.
CIMB Mandates SecureTAC for All Online Transactions Starting 19 September
CIMB Bank customers must shift to in-app biometric authentication for online payments as the bank tightens security protocols.
Boost Bank and Parkson Credit Join Forces to Expand Digital Financial Inclusion
The partnership aims to bridge the financial divide by integrating digital banking services with consumer financing for underserved Malaysians.
Paydibs Enters Merchant Financing Market to Support Malaysian SME Cash Flow
The payment solutions provider is partnering with Anchor Capital to offer digital working capital options based on transaction performance.
IFC Bolsters Boost Holdings with US$20 Million Strategic Investment
The World Bank Group’s private-sector arm has acquired a stake in the regional fintech firm, valuing it at US$340 million as it eyes further expansion.
Malaysia Moves to Regulate Consumer Credit and Boost Financial Literacy
New regulatory frameworks for Buy Now, Pay Later services aim to curb household debt through systemic oversight and embedded education.
Cyberjaya Psychometrics Firm Validates Behavioural Science Models for Financial Growth
Global PsyTech is scaling its predictive modelling capabilities as it prepares for a new funding round by early 2027.
Setel Addresses Regulatory Lapses Following RM637,500 BNM Fine
Petronas Dagangan confirms that internal controls have been bolstered after a penalty regarding financial sanctions screening failures.
CIMB Pilots RM1.38 Billion Tokenised Sukuk Settlement Under Regulatory Sandbox
CIMB has successfully tested the use of digital asset technology to settle a massive multi-billion ringgit sukuk issuance.
TNG eWallet Integrates GXBank FlexiCredit for Instant Revolving Financing
Users can now access up to RM150,000 in credit via the TNG eWallet app without needing a separate GXBank account.
Setel Tightens Compliance After RM637,500 Bank Negara Sanctions Fine
The e-wallet operator has rectified procedural gaps following a central bank penalty related to its anti-money laundering sanctions screening database.
CIMB Completes Malaysia’s First Tokenised Sukuk Settlement Pilot
The pilot marks a major shift in digital finance by successfully settling RM1.68 billion in sukuk using tokenised deposits.
Setel Ventures Fined RM637,000 by Bank Negara Over Compliance Lapses
The central bank has penalized the popular digital wallet operator for failing to adhere to mandatory targeted financial sanctions protocols.
Setel Pays RM637,500 Penalty Following Bank Negara Sanctions Compliance Lapses
The e-wallet provider failed to maintain up-to-date sanctions-screening databases, prompting enforcement action from Malaysia’s central bank.
BNM Imposes RM901,500 Penalty on Setel and Standard Chartered for Sanctions Failures
Regulators identified systemic screening gaps at major financial and fintech entities, leading to significant fines for anti-money laundering compliance lapses.
AEON Bank Announces Merdeka Bonus Campaign With Weekly Cash Rewards
AEON Bank customers can earn cash rewards through DuitNow QR transactions during this six-week national day promotion.
Selangor Triple Accelerator Paves Way for 90 Startups to Scale Nationally
Following a three-day showcase, 24 startups have been shortlisted to compete for 12 top spots at the upcoming October Grand Final.
ShardLab Backs Malaysia’s StoreHub to Bolster Fintech Commerce Ecosystem
The Hashed-backed venture studio’s strategic investment aims to accelerate the evolution of commerce and payment platforms for regional businesses.
StoreHub Secures ShardLab Funding as Transaction Volume Hits US$3.5 Billion
The regional commerce platform will partner with the Hashed-backed venture studio to develop new payment and rewards services for merchants and consumers.
StoreHub Partners With ShardLab To Revolutionise Payments And Rewards
Kuala Lumpur-based commerce platform StoreHub has secured strategic funding from Singaporean venture studio ShardLab to develop new consumer-facing payment and loyalty solutions.
TNG eWallet Salary Payments Gain Nationwide Regulatory Approval
Employers across Peninsular Malaysia, Sabah, and Sarawak can now officially disburse wages directly through TNG eWallet following full regulatory endorsement.
AFFIN and Baiduri Bank Ink Partnership to Boost Malaysia-Brunei Financial Corridor
The two financial institutions have signed a memorandum of understanding to enhance cross-border banking services and support growing bilateral trade.
Bank Indonesia Launches New Credit Feature for QRIS Payments
CIMB Niaga joins eight payment service providers to facilitate the new credit card initiative.
Ryt Bank Introduces ATM Account Activation for Digital Banking Users
Customers can now activate and fund their Ryt Bank accounts through physical ATMs and bank branches.
Grab PayLater Extends BNPL Functionality to All DuitNow QR Merchants
Grab is rolling out a new feature allowing users to utilize its PayLater service at any merchant displaying the official DuitNow QR logo.
Ryt Bank Enables Account Activation via ATMs and Bank Branches
Digital bank customers can now fund their accounts using the Interbank GIRO network instead of relying solely on online transfers.
RHB Launches Sound Box Plus for Integrated QR and Card Payments
The new device enables Malaysian merchants to process both DuitNow QR and card transactions through a single, cost-efficient terminal.
Muslim Pro Partners With Bettr to Introduce Umrah Financing in Malaysia
The lifestyle application has integrated financial services to assist eligible Malaysian Muslims with pilgrimage funding.
Funding Societies Secures New Debt Financing Facility From MDV
Malaysia Debt Ventures Berhad has extended a new working capital facility to support SMEs through the Funding Societies platform.
MBSB Enables Contactless Payments via Samsung Wallet and Google Pay
MBSB Bank customers can now link their Visa Debit Card-i to major Android-based digital wallets for secure, contactless transactions.
RHB Bank Introduces Malaysia’s First Proprietary Unified Payment Gateway
The new platform, RHB Pay, enables businesses to consolidate various digital payment methods into one integrated system.
TNG Digital Shifts Strategy as Non-Payment Revenue Hits Record High
TNG Digital has officially moved beyond its origins as a payments provider, with over half of the company's revenue now generated from non-payment services.
Merchantrade Money Integrates With Google And Samsung Wallets
The e-wallet provider becomes the first non-bank entity in Malaysia to enable direct digital payments through major mobile platforms.
Wise Connects to Malaysia’s National Payments Network
The international money transfer platform has completed an integration with the PayNet system to enhance its local service capabilities.
