Sections
malaysia
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RetailTesco To Unload Thailand, Malaysia Assets In CP Group Deal
With an arrangement that values the business at $10.58 billion, Tesco has struck a deal...
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InvestmentsMalaysian Food Delivery Startup Dahmakan Raises $18M
Dahmakan, a Malaysian food delivery startup that uses menus and cloud kitchens, has raised...
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Digital BankingTelecom Axiata Seeks Partnership For Malaysian Digital Banking License
Axiata Group, a Malaysian telecom firm, has been in talks with as many as...
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eCommerceMalaysian eCommerce Firm Takes 7-Figure Stake In BizApp
Commerce.Asia, an all-in-one eCommerce and technology company, has purchased a 30 percent stake in...
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InternationalJapanese Sales Tax Triggers 6 Pct Economic Contraction
The coronavirus outbreak has pushed Japan to the brink of a recession as tourism...
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NewsTop News In Payments: More Companies Ponder Malaysia Banking Application;...
In today’s top news, Grab, Razer, AirAsia and CIMB join other companies considering applying...
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Digital BankingGrab, Razer, AirAsia, Others Ponder Malaysia Banking Application
Grab, Razer, AirAsia, Axiata and CIMB join other companies that are considering applying for...
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InternationalMalaysia Promotes Cashless Society With eWallet Incentive Award
As Malaysia moves towards a cashless society, the government is offering an award payment...
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Digital PaymentsMalaysia Gov’t To Pay Citizens To Use Digital Payments
Malaysia is launching a program on Wednesday (Jan. 15), according to reports, to give...
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AuthenticationDeep Dive: How Open Source ID Solutions Can Accelerate Digital...
Digital identity solutions are becoming increasingly necessary as the world’s population grows. An estimated...
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Payments InnovationGrabPay Chosen For Malaysian eWallet Initiative
As it aims to drive the digital economy in Malaysia, the GrabPay eWallet has...
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Partnerships / AcquisitionsExperian Eyes Asian Market With Purchase Of Malaysia Credit Bureau...
Experian announced that it has acquired a controlling interest in RAM Credit Information (RAMCI),...
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South East AsiaMalaysia Regulators Want To Slap Grab With $20M Fine
The Malaysia Competition Commission (MyCC) ruled that Singapore-based Grab is in violation of competition...
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ANTITRUSTMalaysia Regulator To Rule On Grab Anti-Competition Probe
The Malaysia Competition Commission (MyCC) has launched a probe against ride-hailing firm Grab and...
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BankingRHB Bank Launches Dynamic CVV Codes To Fight Card Fraud
RHB in Malaysia is introducing fraud protection cards with mini screens on the back...
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Payment MethodsDeutsche Bank Taps Malaysian Instant Credit Clearing System
Deutsche Bank announced on Tuesday (May 14) that it is tapping Malaysia‘s instant credit...
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Security & FraudEx-Goldman Banker Extradited To US On 1MDB Charges
A former Goldman Sachs banker in Malaysia has been extradited to the U.S. to...
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CryptocurrencyCan Crypto Power Tourist Cities, Block By Blockchain?
Governments are betting on blockchain to power tourism in cities. China, for instance, has...
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LegalFormer Malaysian PM’s PR Rep Charged In 1MDB Case
The British public relations representative for Najib Razak, Malaysia’s former prime minister, has been...
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Security & FraudFormer Goldman Sachs Director Waives Extradition In Malaysia 1MDB Scandal
An ex-Goldman Sachs banker who’s accused of being involved with a multibillion-dollar scandal in...
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InternationalPayPal Reorgs In Asia, Closes Malaysia Office
In a restructuring move for its customer support department, PayPal has closed its office...
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BitcoinBitcoin Daily: Malaysia Will Start Regulating ICOs, Russia May Invest...
Malaysia’s initial coin offering (ICO) regulations are said to take effect on Tuesday (January...
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Bank RegulationMalaysia Demands $7.5B From Goldman
Goldman Sachs could be on the hook for $7.5 billion in reparations from the...
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Security & FraudGoldman Sued Over 1MBD Scandal
Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what...
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InternationalMalaysian PM: Goldman Bankers ‘Cheated’ The Country
Malaysian Prime Minister Mahathir Mohamad has alleged that Goldman Sachs “cheated” the country regarding...
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Security & FraudDepartment Of Justice Announces Indictments In 1MDB Fund Scheme
The U.S. Justice Department announced Thursday (November 1) a three-count criminal indictment charging two...
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Digital PaymentsWeChat Pay Expands To Malaysia
Tencent’s WeChat, which is the leading messaging app in China, has rolled out a...
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Payment MethodsChinese Millennials Drive Spike In Overseas Alipay Use This May...
There’s nothing like a holiday to get people spending — and it’s not just...
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PersonnelGrabPay Names Visa Executive As Managing Director
Southeast Asian ridesharing company Grab has hired Ooi Huey Tyng to serve as managing...
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South East AsiaSoutheast Asia’s Real-Time Payments Push
Singapore is separated from Malaysia by a 1,056-meter (or 0.65-mile) Johor-Singapore Causeway, yet crossing...
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Mobile PaymentsAlipay Is Now Available For Chinese Tourists At All Starbucks...
Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services...
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MastercardFlywire Offers Tuition Discounts For Using A Mastercard
Flywire, the cross-border payment company, announced news on Tuesday (Aug. 15) that it is...
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Partnerships / AcquisitionsChina’s Ant Financial Partners With CIMB Subsidiary In Malaysia
China’s Ant Financial is targeting the Malaysian market by forming a mobile wallet joint...
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B2B PaymentsHow Supply Chain Finance Can Go After The Mid-Market
The proliferation of trade finance solutions means new ways for members of a global...
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InvestmentsRazer Invests In Asian Online Payment Firm To Boost Virtual...
Gaming company Razer has invested nearly $20 million into Malaysia-based online payment firm MOL Global....
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InternationalMalaysian Wealth Fund In Laundering Scandal
The Malaysian sovereign wealth fund 1Malaysia Development Bhd. (1MDB) is currently tied up in...
- Blockchain
Blockchain Tracker: Following The Money Through OCBC Bank And Beyond
If we’re to “follow the money,” then we best see that connection to blockchain....
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B2B PaymentsMasterCard Nurtures Asia Corporate Card Growth
MasterCard is eyeing Asia to expand its commercial card services, and in its most...
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InternationalXfers Banks $2.5M To Streamline Online Seller Bank Transfers
Xfers, the Singapore-based startup that focuses on bank transfers, said on Wednesday (Jan. 6)...
