Tag: Bank Negara Malaysia

DuitNow and PayNow partner to revolutionise cross-border payments

Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS), the central banks of Malaysia and Singapore respectively, have joined forces to enhance...

BNM teams with banks, law enforcement agencies to combat financial fraud

Bank Negara Malaysia (BNM) has teamed with a number of key stakeholders in the financial industry and legal world to take on financial fraud and scams.

Malaysia’s BNM reveals five-year blueprint to transform its FinTech sector

The Bank Negara Malaysia (BNM) has unveiled a five-year blueprint to help develop the country’s FinTech industry.

Bank Negara Malaysia looking to welcome digital banks into the market

Bank Negara Malaysia has updated its licensing framework for digital banks and is planning on issuing up to five new licenses to qualified applicants.

Bank Negara Malaysia has suggested new electronic KYC guidelines

Having issued a policy document earlier in 2019, Bank Negara Malaysia has now released a draft for how the rules around electronic know your customer (KYC) could look like in the future in the country.

PolicyStreet receives approval from Bank Negara Malaysia to offer financial advice

Malaysian InsurTech startup PolicyStreet has reportedly acquired financial advisor approval from the Bank Negara Malaysia (BNM). With this certificate, the company will be able to...

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