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KUALA LUMPUR, June 16 (Bernama) -- Malaysia has recorded RM54.02 billion in losses due to financial scams, highlighting the urgent need for more robust fraud prevention measures as financial crimes become increasingly sophisticated.
KUALA LUMPUR, June 6 (Bernama) -- Bank Muamalat Malaysia Bhd has launched ATLAS by Bank Muamalat, Malaysia’s first Islamic digital-only bank, designed around faith and lifestyle alignment.
From Nor Baizura Basri
SAN FRANCISCO, June 6 (Bernama) -- Artificial intelligence (AI) evolution which is currently happening rapidly in the past three years, can shape direction and play a bigger role in enterprises’ operation and this include digital banking space in the coming years, says an industry player.
KUALA LUMPUR, May 14 (Bernama) -- GXBank, the digital bank subsidiary of GXS Bank in Malaysia, announced that its current chief executive officer (CEO) Pei-Si Lai will assume the role of GXS Bank group CEO effective June 1, 2025.
KUALA LUMPUR, May 13 (Bernama) -- Cake Digital Bank has made history as the first digital-only bank in Southeast Asia to secure ISO/IEC 30107-3 Level 2 certification from iBeta for its facial biometric solution, Cake Face Authen.
KUALA LUMPUR, May 6 (Bernama) -- Boost Bank has achieved a significant milestone in its journey as Malaysia’s first homegrown digital bank, having disbursed nearly RM150 million in financing to hundreds of small and medium enterprises (SME).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 2 (Bernama) -- Digital banks in Malaysia are increasing efforts to reach the underserved B40 group, especially those in rural areas, by integrating banking services into popular platforms and offering attractive incentives to encourage usage.
By Anas Abu Hassan
KUALA LUMPUR, March 31 (Bernama) -- Businesses and consumers in Malaysia are warned of heightened cybersecurity risks amid a surge in online scams and cyber threats, especially during the festive Hari Raya season, global cybersecurity firm Fortinet said.
KUALA LUMPUR, March 27 (Bernama) -- RHB Bank Bhd has subscribed to an aggregate of about 51 million new shares in Boost Bank for RM51 million since May 17, 2024, in order to maintain its 40 per cent equity interest in the digital bank.
KUALA LUMPUR, March 26 (Bernama) -- Grab Malaysia has signed a memorandum of understanding (MoU) with the Malaysia Digital Economy Corporation (MDEC) to support the digitalisation of micro, small and medium enterprises (MSMEs) under MDEC’s Business Digitalisation Initiative.
KUALA LUMPUR, March 21 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a stable outlook on the Malaysian banking sector in 2025 despite external pressure.
KUALA LUMPUR, March 20 (Bernama) -- Co-opbank Pertama (CBP) will continue to monitor its capital position and ensure that it remains at an optimal level to support its business expansion.
