Banking

The subject of digital bank has been making wave in Malaysia especially now that Bank Negara is already prepping up to issue digital bank licenses. Quite a number of Malaysian...

Quite a significant number of CIMB customers have recently expressed their concerns on Twitter regarding certain transactions in their account which were labelled as "Direct Debit" on CIMB Clicks mobile...

The government has announced that the RM 1 interbank cash withdrawal fee for all Automated Teller Machines (ATM) that are connected to the Malaysian Electronic Payment System (MEPS) network will...

As you know, interbank withdrawals at ATMs usually incur a fee, depending on the bank. Maybank has decided to waive its RM1 interbank fee charged at its self-service terminals starting...

The Royal Malaysian Police and the Malaysian Armed Forces will be in charge of keeping crowds near banks and ATMs in check. This is because of the expected crowd near...

In addition to public transport, banks are having the their opening hours adjusted during the Movement Control Order (MCO) period too. Most of the major banks in Malaysia have announced...

CIMB has confirmed that two of its staff have tested positive for the Coronavirus (COVID-19). Both employees were based out in the bank's Jalan Dato' Bandar Tunggal branch, which is...

A scam group operating in the state of Kedah was recently found to have amassed close to RM600000 through a fraudulent e-wallet scam. The group's "agents" would target were people...

Aside from having an official presence on social media platforms such as Facebook and Twitter, a majority of brands also offer direct messaging services via WhatsApp. With that said, CIMB...

Xiaomi Finance announced partnership with AMTD Group, SP Group and Funding Societies to apply to the Monetary Authority of Singapore (MAS) for a digital wholesale banking license. According to a...

Monetary Authority of Singapore (MAS) announced on 28 June 2019 that it will issue digital bank licenses which will allow entities, including non-bank participants, to conduct digital banking businesses in...

Bank Negara Malaysia (BNM) has revealed that it will issue up to five licenses to qualified applicants to set up digital banks in Malaysia. This revelation was part of the...