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Malaysian homegrown digital wallet MyMy is preparing to enter beta testing phase in January 2022. Leading up to that, it has released a prepaid...

MyMy Payments Malaysia expects to launch its e-wallet this year, having secured a conditional approval for a large scheme electronic money license. This will support its Islamic digital bank ambition.

Applications for the highly coveted digital banking license being awarded by Bank Negara Malaysia closed yesterday, the 30th June 2021. With only five licenses up for grabs, the competition is indeed stiff. Here is a look at the entities contending to secure a license to offer Shariah compliant digital banking services.

Ethical finance and Takatech are the focus of Pertama Digital’s digital bank ambition, and the public listed firm has formed partnerships with four entities...

Malaysian companies are racing to meet the deadline for digital banking license applications set by Bank Negara Malaysia for the end of June 2021,...

Following Bank Negara Malaysia (BNM)'s strong push for digital banking in the country with last year's issuance of a dedicated licensing framework, two local...

Joining its regional peers, Bank Negara Malaysia (BNM) has finally entered the challenger banking race with its long-awaited digital banking regulations. The new licensing framework,...