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2025-03-31 02:09:10 -

AEON Bank partners Malaysia Esport Federation to nurture E-Sports talents among local youth
Malaysian Islamic digital bank AEON Bank (M) Berhad and electronic sports governing body Malaysia Esports Federation (MESF) have teamed up to nurture E-Sports talents among local youth. The duo said in a statement on last Friday that they have recently signed a memorandum of understanding (MoU), alongside two other strategic partners—Takaful Malaysia (Syarikat Takaful Malaysia Am Berhad)...

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2025-04-09 14:41:08 -

AXA, Ant Bank, AlipayHK enter strategic partnership to provide insurance offerings to millions
AXA Hong Kong and Macau, Ant Bank (Hong Kong) and AlipayHK announced a strategic partnership on Wednesday, in a move that would see AXA provide a slew of insurance products to AlipayHK users through Ant Bank and the AlipayHK app. In the partnership, AXA will offer solutions for savings, health protection and wealth accumulation that will be available to millions of AlipayHK users, helping to...

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2025-03-16 03:19:16 -

Backbase partners Synpulse to accelerate banking transformation across APAC
Global fintech firm Backbase has announced a strategic partnership with financial services consulting firm Synpulse to accelerate digital transformation for banks across Asia-Pacific. Backbase said in a statement on Thursday that the partnership provides banks with a comprehensive transformation approach that includes strategy consulting, tailored platform solutions, and localized...

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2025-02-10 17:33:19 -

Bank Islam partners RELDYN to set up TechFin entity to provide finance-related digital technology products, services
Malaysian lender Bank Islam Malaysia Berhad announced Thursday it has partnered Malaysian cloud technology firm RELDYN Tech Sdn Bhd to set up a technology finance (TechFin) entity to provide finance-related digital technology products, services. Bank Islam said in a statement that its wholly owned subsidiary BIMB Holdings Sdn Bhd has entered a strategic joint venture agreement with RELDYN to...

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2025-03-18 02:01:26 -

GXBank and Grab Malaysia announce eight local startups shortlisted to drive innovation for Malaysia’s fintech ecosystem
GXBank and Grab Malaysia have recently announced the inaugural top eight fintech startups shortlisted to be part of the six-month long TeXnovasi Accelerator Program. Supported by Cradle Fund and 1337 Ventures, TeXnovasi aims to empower Malaysia’s fintech startups through mentorship and resources towards building a tech-driven, financially empowered nation, and position Malaysia as a key...

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2025-03-31 01:36:07 -

GXBank partners MDEC to drive digitalization and financial inclusion of MSMEs in Malaysia
GXBank has signed a memorandum of understanding with the Malaysia Digital Economy Corporation (MDEC) to drive digital transformation of micro, small and medium enterprises (MSME) in Malaysia. GXBank said in a statement on Wednesday that this initiative is in-line with its mission to build a financially resilient nation through technology and innovation. “As one of Malaysia’s three...

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2025-04-17 07:22:28 -

GXS Bank acquires Validus Group’s Singapore business
GXS Bank announced Monday that it has received regulatory approval to acquire Validus Capital Pte Ltd, the Singapore subsidiary of Validus Investment Holdings Pte Ltd (Validus Group). The firm said in a statement that with the acquisition, small- and medium-sized enterprises (SMEs) can lean on GXS Bank to support their diverse business and financing needs across their growth stages. It is...

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2025-04-01 06:36:26 -

Hong Kong’s ZA Bank appoints Calvin Ng as new CEO
Hong Kong digital bank ZA Bank has on Monday announced the appointment of Calvin Ng as its new Chief Executive Officer, effective from March 27. ZA Bank said in a statement that Ng will lead the Bank for its continued growth and innovation in Hong Kong’s digital banking space. He has served as an Executive Director of ZA Bank since September 2022. ZA Bank also announced that Ronald Iu...

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2025-04-28 15:21:39 -

KAF Digital Bank commences PERINTIS phase for early adopters
KAF Digital Bank has on last Friday started the onboarding of selected public customers with the commencement of the PERINTIS phase, marking a significant step towards redefining Islamic digital banking in Malaysia. Beginning April 25, a selected group of early public adopters will gain first-hand experience of KAF Digital Bank’s seamless Islamic digital banking platform, setting the...

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2025-01-15 13:03:43 -

KAF-Carsome consortium’s KAF Digital Bank receives license approval to commence operations
The Islamic digital bank consortium led by KAF Investment Bank Berhad, together with Carsome, MoneyMatch, Jirnexu and StoreHub, announced that they have received official approval from Bank Negara Malaysia (BNM) and the Ministry of Finance (MoF) for its operating entity KAF Digital Berhad to commence operations as a digital bank, starting Dec 20, 2024. This approval is granted following a...

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2025-04-17 08:39:47 -

Maybank partners with central banks to strengthen cross-border QR payment connectivity between Malaysia and Cambodia
Malaysian lender Malayan Banking Bhd (Maybank) has partnered with central banks to strengthen cross-border QR payment connectivity between Malaysia and Cambodia, aligns with its ASEAN 2025’s strategies. The bank said in a statement on Tuesday that it has become the strategic banking partner as well as the sponsoring and settlement bank in the second phase of the cross-border QR payment...

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2025-01-08 12:54:36 -

Moomoo Malaysia partners GXBank for integration to simplify investing for Malaysians
Moomoo Malaysia, an investment and trading platform, is partnering with Grab-backed digital bank GXBank for integration to simplify investing for Malaysians. Moomoo said in a statement on Wednesday that the partnership aims to empower Malaysians with a more accessible, seamless, and inclusive way to invest in their financial futures. The strategic partnership will see both companies forming a...

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