Fintech News Malaysia

Parkson Credit and Boost Bank are teaming up to give underserved Malaysians easier digital access to loans, insurance and current or savings accounts. The alliance combines Boost Bank's banking infrastructure with Parkson Credit's consumer financing exper

Bank Islam Group recorded a net profit of RM254.2 million for the first half of 2026. This was 0.5% higher than the RM253 million posted a year earlier as rising overheads, impairment allowances and financing costs offset stronger income. Net income grew

Bank Negara Malaysia (BNM) has fined Setel and two Standard Chartered entities a combined RM901,500 over sanctions screening failures. Setel Ventures was fined RM637,500. Standard Chartered Bank Malaysia and Standard Chartered Saadiq received penalties of

Principal and CIMB have launched a globally diversified Shariah-compliant fund for investors. The Signature Dynamic Income Focus-i Fund is the first such offering in their Signature Series. It was launched through Principal Asset Management, their joint v

AEON Bank will reward selected customers for making DuitNow QR payments between 17 August and 27 September. Customers will receive one lucky draw entry for every eligible transaction of at least RM15 under the six-week Merdeka Bonus campaign. The digital

Malaysian businesses can now offer DuitNow Pay through Razorpay Curlec's online checkout. The Bank Negara Malaysia-licensed payment gateway is among the first few PayNet participants to offer the service to Malaysian businesses. DuitNow Pay brings partici

A bank can authenticate the right customer at 9.01am and still lose control of that session by 9.05am, without a single failed login anywhere in between. Those four minutes, the window right after a customer proves who they are, are where account takeover

Eligible TNG eWallet users can now apply for a GXBank loan of up to RM150,000 without opening a separate bank account. The new option comes through FlexiCredit, which TNG Digital has added to its CashLoan service. Unlike a conventional loan, FlexiCredit o

Most Malaysians probably do not think of their finances as particularly complicated until they count how many places their money is kept. Your salary might go into one bank, your emergency savings into another, while your credit card comes from somewhere

StoreHub has secured a strategic investment from ShardLab and disclosed that its merchant network processes about US$3.5 billion in annual transaction value. The size of the investment was not disclosed. The commerce and payments platform supports more th