Six news stories.
• Should Bank Negara Malaysia be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should Bank Negara Malaysia be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
Residents of Singapore and Malaysia can now make contactless QR code-based payments for goods and payments in either country using an interoperable cross-border payments system launched by the Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM)... More
The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand are to develop an interoperable cross-border payments system that will enable residents of each country to use their mobile banking app to make QR code-based payments for goods and services when visiting any of the other territories... More
Providing a cash-like digital means of payment, increasing private digital payment services, supporting financial inclusion and achieving greater payment system efficiency are among the key motivations driving initiatives to develop central bank digital currencies (CBDCs) in emerging market economies around the world, according to a Bank for International Settlements (BIS) report... More
The Bank of International Settlements and the central banks of Australia, Malaysia and Singapore have completed a joint project to develop a shared platform that could facilitate direct cross-border transactions between institutions using different central bank digital currencies (CBDCs)... More
Consumers from Thailand can now make instant cross-border QR code-based payments for goods and services to merchants in Malaysia from their mobile payments app using a service being launched by the Bank of Thailand and Bank Negara Malaysia... More
Touch ’n Go, Ant Financial get nod for e-wallet services — The Star — “Touch ’n Go Sdn Bhd (TNG) and partner Ant Financial Services Group have obtained Bank Negara’s approval to operate and offer mobile e-wallet services… The mobile e-wallet will be operated by TNG Digital Sdn Bhd, the joint-venture company between TNG and Ant Financial… TNG also expects its current users who are predominantly toll, transit and parking users to quickly sign on to enjoy the expanded services.”