Malaysia
Malaysia's Instapay Technologies, Onfido partner for ID verification
Instapay users can now sign up through a selfie.
Malaysia's Instapay Technologies, Onfido partner for ID verification
Instapay users can now sign up through a selfie.
CIMB Bank to open branches in Malaysia over two weekends
This is to facilitate financial aid to clients upon the expiry of the loan moratorium.
Chart of the Week: Pandemic drives e-commerce adoption in Malaysia
International e-wallets such as Google Pay and Masterpass are gaining steam.
Malaysia drops criminal charges vs Goldman Sachs over 1MDB
The bank has earlier agreed to pay $3.9b as settlement.
CIMB sees H1 net profit drop to $189m
Elevated loan provisions triggered the fall.
Maybank's Q2 profit sinks more than half to $225.95m
Impairment allowances surged to $417m.
Retail financing to anchor Malaysian Islamic banks amidst downturn
Financial growth will drop but will remain higher due to Islamic banking expansion.
Malaysia's need for financing will keep sukuk market afloat: Moody's
Sovereign sukuk issuance soared 39.2% on COVID-related budget pressures in H1.
Goldman Sachs to pay $3.9b over 1MDB scandal
Malaysia will drop all criminal charges against the bank.
Hong Leong Bank floats extra support plan beyond end-September
Clients who will struggle to restart repaments may get an extension, based on a case-to-case basis.
Goldman Sachs execs in Malaysia for 1MDB talks: report
Malaysia's finance minister is hopeful that it will help recover lost assets.
Malaysia's Instapay partners with Mastercard for e-wallet offering
They are targeting 100,000 users in the first year of launch.
Malaysia's MFMi selects Mambu to power digital Islamic services
The company plans to build an Islamic digital wallet.
Razer Fintech pilots initiative to support 14,000 Malaysian SMEs
#RazerForLife will waive MDR fees for new SMEs until 31 December.
Hong Leong Bank launches cashless payments campaign
It begins with traders from five markets in Penang adopting the solution.
APAC emerging market banks' fate rests on sovereign support: Fitch Ratings
They are likely to deteriorate deeper should governments fail to mitigate fiscal risks.
Small banks in Malaysia, Singapore under threat as neobanks emerge
Small banks could lose market share as digital newcomers target underserved segments.
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Technology to underpin future of financial services
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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