Tuesday, September 20, 2022
The Selangor State Development Corporation or Perbadanan Kemajuan Negeri Selangor (PKNS), continues to support the state’s socio-economic growth by offering attractive financing solutions for home buyers. PKNS’ latest collaboration with AFFIN BANK’s Home Step Fast/i programme will allow buyers to pay lower instalments for the first five years of ownership,...
Mastercard and Atome have partnered to launch the Atome Card in the Philippines, offering Filipino consumers a new way to pay with credit by providing cardholders with an Atome line of credit that can be used to pay retailers simply by presenting their Atome Cards during check-out. Among the features...
Funding Societies has unveiled its latest enhanced product to support creditworthy underserved Malaysian SMEs returning to their full economic potential as markets recover following the outbreak of the Covid-19 pandemic with the launch of BizFund, its latest term financing. Its zero-collateral BizFund provides Malaysian SMEs with financing up to RM300,000...
Hong Leong Bank’s (HLB) commitment to the growth and sustainability of SMEs in Malaysia has earned the bank the ‘Best SME Bank in Malaysia’ award for four years running by The Asian Banker at its Retail Financial Services Awards 2022. In addition, HLB was also named the ‘Best SME...
CIMB Bank Bhd and CIMB Islamic Bank Bhd are offering the NCIA-CIMB Entrepreneur Scheme  (NCES) to eligible micro, small and medium entrepreneurs (MSMEs) in the northern region, namely Perlis, Kedah, Penang, and Perak, which make up the Northern Corridor Economic Region (NCER). The scheme provides up to RM5 million in...
Helicap Investments has listed its flagship fund, Helicap Fund I, on Singapore's private market exchange ADDX to improve financial inclusion for underserved individuals as well as SMEs in Southeast Asia, and to empower partner institutions to transform the way consumers and SMEs access credit. Since the launch of the fund...
Malaysia’s success in alleviating financial crime and combating terrorism financing requires all parties – the private sector, regulators, law enforcement agencies and other government bodies, and consumers alike, to do their part; to adapt to these new threats, to transform themselves to deal with these challenges, and to collaborate...
Alliance Bank helps business owners grow their business with its innovative, award-winning trade financing submission mobile app The business landscape is rapidly changing as it evolves from brick-and-mortar to online. Remarkably, despite the COVID-19 challenges, Malaysia’s total trade recorded a new milestone in 2021, surpassing RM2 trillion and registering the...
The Asian Institute of Chartered Bankers (AICB) will be hosting the 12th International Conference on Financial Crime and Terrorism Financing (IFCTF) 2022 on 26 – 27 July 2022 where Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus, is scheduled to deliver the keynote address. Jointly organised by AICB —...
Al Rajhi Bank Malaysia (ARBM) and Feedzai, the world’s first RiskOps platform for financial risk management, have announced a partnership that will see the implementation of Feedzai’s leading RiskOps platform implemented onto its digital banking platform. “We are delighted that Al Rajhi Bank Malaysia has selected Feedzai as a trusted...
AnyMind Group, an end-to-end commerce enablement company, has raised ¥4 billion (approximately US$29.4 million) in its Series D funding round, with total funding to date approximating US$91.7 million. In addition, the company said in a statement that it has also secured a ¥1 billion credit facility from Mizuho Bank for...
Advance Intelligence Group, a Singapore-based unicorn tech start-up, today announced its acquisition of Jewel Paymentech, a financial risk technology company specialising in merchant due diligence and fraud and risk management solutions for financial services and payments industry. Jewel Paymentech has an established track record of onboarding businesses and monitoring fraudulent transactions,...

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