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Fintech News Malaysia provides the latest insights on the Fintech Malaysia landscape covering topics like blockchain, digital wallets, payments, cryptocurrency, regtech, insurtech and many more.
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Parkson Credit, Boost Bank Plan Wider Access to Loans, Insurance and Bank Accounts
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
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Bank Islam Plans Core Banking Revamp as H1 2026 Profit Hits RM254.2 Million
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
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BNM Fines Petronas' Setel and StanChart Units RM901,500 Over Sanctions Breaches
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
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Principal and CIMB Launch Globally Diversified Shariah Fund
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
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AEON Bank Rolls Out Merdeka Rewards for DuitNow QR Spending
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
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