Futurex, a leader in enterprise data security, has partnered with Cake, Vietnam's largest digital bank by user base, revenue, and product varieties, to set a new benchmark in secure payment processing through cloud payment HSM technology.
Cake and Futurex have delivered Vietnam's first fully cloud-based Card Management System utilizing Visa Cloud Connect, operating entirely...
Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) continues to extend assistance to flood victims by activating its second flood relief mission, following SME Bank’s recent announcement to provide immediate assistance to its customers through tailored financing solutions and relief measures.
SME Bank reaffirms its commitment towards uplifting the...
CIMB Bank Bhd, together with Payments Network Malaysia Sdn Bhd (PayNet), have unveiled Malaysia's first automated e-invoice payment terminal. The invention aims to streamline invoicing procedures and ensure seamless compliance with the Inland Revenue Board's (LHDN) e-invoice requirement for companies, particularly SMEs.
The bank intends to fully carry out the...
Ant International, a prominent worldwide supplier of digital payments and financial technology, announced strong growth over the previous year across all four of its core businesses: Alipay+, Antom, WorldFirst, and Embedded Finance.
WorldFirst and Antom, the two commercial fintech services, are further strengthened by Alipay+'s expansion of its thriving wallet-based...
Funding Societies | Modalku (Funding Societies), the largest unified digital finance platform for SMEs in Southeast Asia, has expanded its digital guarantee products in partnership with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad.
This expansion follows the success of the Proof of Concept programme on digital...
Pengerang Energy Complex (PEC) has successfully negotiated financing terms for US$3.5 billion in project financing from top export credit agencies (ECAs) in Asia, Western and Southern Europe, and North America. Additionally, PEC has secured Islamic financing from Islamic Development Bank (IDB) entities.
The terms of the financing agreements were ratified...
1337 Ventures, through its 1337 Accelerator Fund I, announced its investment in Vircle, a pioneering Malaysian neo-banking platform focused on transforming financial literacy for children.
The fund, managed by 1337 Ventures, is dedicated to supporting innovative, high-growth startups that create lasting impact and deliver long-term value across diverse sectors.
Vircle, Malaysia’s...
Financial management software developer Autocount Dotcom Bhd’s wholly-owned subsidiary Auto Count Sdn Bhd has signed a memorandum of understanding with YYC Group to accelerate the adoption of digital solutions among SMEs while also supporting their compliance with the government’s upcoming e-invoicing mandate.
The partnership is meant to bring together Autocount’s...
Cake Digital Bank, Vietnam's trailblazing digital-only bank, has announced a significant milestone: it is the first digital-only bank in Vietnam to achieve profitability, reaching this landmark just 3.5 years after its inception.
This achievement highlights Cake's transformative impact on Vietnam's financial landscape as it caters to the needs of tech-savvy,...
PT Bank Negara Indonesia (Persero) Tbk (BNI) has announced a significant collaboration with PT Berdayakan Usaha Indonesia (Batumbu), a leading information technology-based lending service provider (fintech lending), to bolster financing access for Micro, Small, and Medium Enterprises (MSMEs) in Indonesia.
As part of this partnership, BNI will provide a loan...
CIMB Group Holdings Bhd has reaffirmed its commitment to aiding customers and communities affected by the recent floods across Malaysia. The CIMB Flood Relief Assistance Plan offers a six-month payment relief on loan and financing products to help alleviate the financial burden of individual, SME, and micro-SME customers.
CIMB Bank...
RHB Banking Group is supporting its customers impacted by the recent floods across Malaysia through its Flood Relief Assistance Programme, available from now until 31 January 2025.
RHB said in a statement it aims to offer immediate financial relief and long-term recovery support to individuals, SMEs, and micro-SMEs affected by...
