Duit Now – A new way to make payment with your mobile number
DuitNow – Is a new way for us to make the payment and transfer to other people just using their mobile number, NRIC number or business registration number instantly anytime, anywhere. It’s changed the way of we use to make payment or transfer money to others. In the old day, we may need to ask…
Alibaba considers Hong Kong listing, says founder Ma
Alibaba founder Jack Ma has said that the company will “seriously consider” listing in Hong Kong, as the financial hub prepares to allow dual-class share listings. Reuters reports that Jack Ma made the comments at an event in Hong Kong, in response to remarks made by Hong Kong Chief Executive Carrie Lam about how she hoped…
E-Money License Granted: Grab Malaysia “Grabs” a Piece of the Payments Pie
Southeast Asia’s leading ride-hailing app Grab has obtained regulatory approval from Bank Negara Malaysia to launch its mobile payment service in Malaysia following it’s earlier approval from the Singaporean authorities. This move is mirrored by it’s Indonesian counterpart Go-Jek who is also making a foray into the payments market. GrabPay will be rolled out in…
Bitcoin Bubble Burst lets you know in advance if the bitcoin bubble is bursting
From its initial worth of only about USD$0.08 (RM0.33) a unit, the price of bitcoin has risen to an all-time high of over US$10,000. With this rise, more and more people, believers and skeptics alike, are preparing for the inevitable burst of the Bitcoin bubble. If you’ve sworn allegiance to the former camp, then you…
MOLPay, iPay88 to introduce Digi’s vcash e-wallet as payment option
DIGI Telecommunications Sdn Bhd (Digi) has inked agreements to appoint online payment networks MOLPay and iPay88 as partners for its mobile payment service vcash. Under this agreement, vcash will be made available as a payment option for merchants under MOLPay and iPay88’s online payment gateway networks, enabling customers to transact using vcash with thousands…
Prudential teams up with SFA to offer fintech startups free coverage for a year
TO SUPPORT fintech entrepreneurs in strengthening their safety net and managing risk better, Prudential Singapore (Prudential) is partnering with the Singapore Fintech Association (SFA) to offer its members complimentary Group Personal Accident coverage for a year. This initiative is targeted at supporting young startups established in Singapore within the last five years. Such companies…
Digi enters the fintech world with ewallet app: vcash
DIGI Telecommunications Sdn Bhd on Nov 9 announced their entry into the fintech space with vcash – a mobile payment application that offers Malaysians an easy, more convenient way to pay, send, request and store money in their smartphones. vcash is a solution offered by Digi in partnership with Valyou Sdn Bhd, an e-money…
Alpha Payments Cloud becomes Alpha Fintech
Alpha Payments Cloud has announced that it will rebrand as Alpha Fintech, bringing the focus to its API developed for commerce and payments integration. The company operates an end-to-end middleware solution, connecting the merchant buyer and vendor supplier across the entire payments, risk and commerce spectrum through a single API and UI. With…