malaysia

Goldman Sued Over 1MBD Scandal
Goldman Sued Over 1MBD Scandal
November 21, 2018  |  Security & Fraud

Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed...

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Malaysian PM: Goldman Bankers ‘Cheated’ The Country
Malaysian PM: Goldman Bankers ‘Cheated’ The Country
November 14, 2018  |  International

Malaysian Prime Minister Mahathir Mohamad has alleged that Goldman Sachs “cheated” the country regarding a state fund for 1Malaysia Development Bhd (1MDB), and that U.S....

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Department Of Justice Announces Indictments In 1MDB Fund Scheme
Department Of Justice Announces Indictments In 1MDB Fund Scheme
November 01, 2018  |  Security & Fraud

The U.S. Justice Department announced Thursday (November 1) a three-count criminal indictment charging two individuals in a conspiracy to launder billions of dollars embezzled from...

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WeChat Pay Expands To Malaysia
WeChat Pay Expands To Malaysia
August 21, 2018  |  Digital Payments

Tencent’s WeChat, which is the leading messaging app in China, has rolled out a digital payment platform in Malaysia in what is its first Asian...

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Chinese Millennials Drive Spike In Overseas Alipay Use This May Day
Chinese Millennials Drive Spike In Overseas Alipay Use This May Day
May 03, 2018  |  Payment Methods

There’s nothing like a holiday to get people spending — and it’s not just Christmas and Hanukkah. In America, holidays like Halloween, Father’s Day and...

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GrabPay Names Visa Executive As Managing Director
GrabPay Names Visa Executive As Managing Director
January 10, 2018  |  Personnel

Southeast Asian ridesharing company Grab has hired Ooi Huey Tyng to serve as managing director of its payments platform, GrabPay. According to PaymentsSource, Huey Tyng...

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Southeast Asia’s Real-Time Payments Push
Southeast Asia’s Real-Time Payments Push
November 27, 2017  |  South East Asia

Singapore is separated from Malaysia by a 1,056-meter (or 0.65-mile) Johor-Singapore Causeway, yet crossing the narrow strip of water separating the city-state of Singapore and its 5.6 million residents from...

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Alipay Is Now Available For Chinese Tourists At All Starbucks Locations In Malaysia
Alipay Is Now Available For Chinese Tourists At All Starbucks Locations In Malaysia
August 25, 2017  |  Mobile Payments

Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group, is now available for Chinese tourists at all 242 Starbucks locations...

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Flywire Offers Tuition Discounts For Using A Mastercard
Flywire Offers Tuition Discounts For Using A Mastercard
August 16, 2017  |  Mastercard

Flywire, the cross-border payment company, announced news on Tuesday (Aug. 15) that it is providing students and their families discounted prices on cross-border tuition payments...

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