Bank Negara Malaysia

BIS Plans to Expand World’s Instant Payment Systems
BIS Plans to Expand World’s Instant Payment Systems
July 01, 2024  |  Real-Time Payments

The Bank for International Settlements (BIS) wants to expand the world’s largest instant payment system (IPS). BIS announced Monday (July 1), that it had completed...

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Today in FinTech: Dubai Launches Fund to Help Startups; Goldman Sachs Issues Bitcoin-Backed Loan
Today in FinTech: Dubai Launches Fund to Help Startups; Goldman Sachs Issues Bitcoin-Backed Loan
April 29, 2022  |  Technology

In today’s FinTech news, Dubai is upping its game on becoming a serious digital player by ponying up $100.7 million in venture capital funding to...

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Bank Negara Malaysia Grants Digital Banking License to GXS Bank
Bank Negara Malaysia Grants Digital Banking License to GXS Bank
April 29, 2022  |  Digital Banking

Grab and Singtel have announced that Bank Negara Malaysia will grant their digital bank joint venture, GXS Bank, and a consortium of Malaysian investors, including...

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Malaysian Finance Minister: Crypto Will Not Become Legal Tender
Malaysian Finance Minister: Crypto Will Not Become Legal Tender
March 24, 2022  |  Cryptocurrency

Cryptocurrencies will not become legal tender in Malaysia, the country’s deputy finance minister said Thursday (March 24). As Bloomberg reported, Minister I Mohd Shahar Abdullah...

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Singapore, Malaysia to Test Cross-Border Payments 
Singapore, Malaysia to Test Cross-Border Payments 
October 01, 2021  |  International

The central banks of Singapore and Malaysia say their customers will be able to conduct real-time cross-border payment transfers via a mobile number starting next...

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Today In Digital-First Banking: Bank Negara Malaysia Could Assign 5 Digital Licenses; Eastern Caribbean Central Bank Rolls Out CBDC
Today In Digital-First Banking: Bank Negara Malaysia Could Assign 5 Digital Licenses; Eastern Caribbean Central...
April 01, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Bank Negara Malaysia could issue up to five licenses for digital banks by the first quarter of 2022,...

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Malaysia Central Bank Says It Stopped Hack Via SWIFT
Malaysia Central Bank Says It Stopped Hack Via SWIFT
March 30, 2018  |  Security & Fraud

Malaysia’s central bank announced Thursday (March 29) that it was the subject of a cyber attack in which hackers aimed to steal money via fraudulent...

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