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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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2025-10-06 06:47:18 -

NASDAQ-listed Futu’s Moomoo sees Malaysian investors leaning more on AI tools [Q&A]
Moomoo Securities Malaysia Sdn. Bhd. (Moomoo MY), a subsidiary of NASDAQ-listed Futu Holdings Ltd, expects AI to move from a supplement tool to a core driver of investment strategies for Malaysian investors. “As markets grow more complex and information flows accelerate, investors are leaning on AI-powered tools not only to cut through noise but also to counteract behavioural biases and...

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2025-05-09 14:49:26 -

PayNet launches Fintech accelerator to catalyze and support industry growth in Malaysia
Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and a central driver of Malaysia’s digital economy, has launched Malaysia’s first fintech-focused community and accelerator: The PayNet Fintech Hub (the Hub). This platform will accelerate fintech growth in Malaysia by providing fintechs with direct access to capital, key industry connections, financial...

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2025-04-17 09:01:44 -

TNG Digital partners Alliance Bank Malaysia to enhance lending options within GOfinance
TNG Digital Sdn. Bhd., a Malaysia-based integrated fintech player, has partnered with Alliance Bank Malaysia Berhad to enhance lending options within GOfinance. TNG Digital said in a statement on Wednesday that the firm continues to strengthen its open platform model through GOfinance, the financial services hub within TNG eWallet. By collaborating with multiple financial institutions, the...

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