4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 11 (Bernama) -- The full rollout of all five licensed digital banks in 2025 has reshaped Malaysia’s digital finance landscape, signalling a decisive shift toward a more inclusive and technology-enabled financial ecosystem.
12d ago
KUALA LUMPUR, Dec 2 (Bernama) -- Five digital banks have commenced operations, recording total deposits of RM3.1 billion as at September 2025, according to the Ministry of Finance (MoF).
26d ago
KUALA LUMPUR, Nov 18 (Bernama) -- The government has allocated four more Bank Simpanan Nasional (BSN) mobile bank units in 2026 specifically to increase access to banking services to residents in the rural areas of Sabah, Sarawak, Pahang, and Perak.
27d ago
KUALA LUMPUR, Nov 18 (Bernama) -- Malaysia aspires to be the global benchmark for regulation, innovation and Islamic environmental, social and governance (ESG) as well as a centre of excellence for Islamic fintech (financial technology) and climate-oriented sukuk by 2040, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
1m ago
LABUAN, Nov 13 (Bernama) -- The Ministry of Finance (MoF) has appointed Datuk Ahmad Hizzad Baharuddin as chairman of the Labuan Financial Services Authority (Labuan FSA) for a two-year term from Nov 15, 2025 to Nov 14, 2027.
2m ago
LABUAN, Oct 10 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has granted conditional approvals to Green Digital Bank Corp and Fasset Islamic Digital Bank Ltd to operate as Islamic digital banks within the Labuan International Business and Financial Centre (Labuan IBFC).
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 8 (Bernama) – Digital banks are urging the government to prioritise the distribution of targeted subsidies and cash aid in Budget 2026 through digital banking platforms, highlighting their potential to deliver a more equitable and efficient system.
2m ago
KUALA LUMPUR, Oct 3 (Bernama) -- Wolters Kluwer Financial & Corporate Compliance has secured multiple prestigious honours at the Risk Asia Awards 2025 and The Digital Banker’s Global BankTech Awards 2025.
2m ago
PETALING JAYA, Oct 1 (Bernama) -- Digital banks’ main purpose is to provide more options for consumers, not to compete with traditional banks, said KAF Digital Bank Bhd chief executive officer Rafiza Ghazali.
2m ago
LABUAN, Sept 29 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) achieved a milestone with its maiden inclusion in the Global Financial Centre Index (GFCI), cementing its reputation as a growing international financial hub.
2m ago
KUALA LUMPUR, Sept 18 (Bernama) -- GX Bank Bhd aims to empower 10,000 micro, small and medium enterprises (MSMEs) through its Jaguh Niaga initiative.
3m ago
KUALA LUMPUR, Sept 3 (Bernama) -- At the upcoming China International Fair for Trade in Services (CIFTIS), scheduled for Sept 10 to 14 at Shougang Park, Bank of China will debut its "Mifang Card", a financial product designed to ease transactions for foreign tourists in China.