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Bank Negara: Five consortia awarded digital banking licences | Money

KUALA LUMPUR, April 29 Five consortia namely Boost Holdings Bhd-RHB Bank Bhd, GXS Bank Pte Ltd-Kuok Brothers Sdn Bhd, Sea Ltd-YTL Digital Capital Sdn Bhd, AEON Financial Service Co Ltd-AEON Credit Service (M) Bhd-MoneyLion Inc and KAF Investment Bank Sdn Bhd win.

Kuala lumpurSdn bhdAhmad zamzahuriShamsiah mohd yunusZafrul abdul azizMoneylion incBank bhdFinancial servicesManagement committeeInvestment bankBank pteIslamic financial servicesCredit servicem bhdFinancial service coInvestment bank sdnSea ltd

Assessment for digital banks in line with the law, no plans to issue more licences

KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus, in an exclusive interview with Bernama, shares more details on the assessment and selection of the five consortia for digital bank licences.

Kuala lumpurShamsiah mohd yunusIslamic financial servicesBank negaraFinancial servicesBank negara malaysiaInvestment bankTan sri nor shamsiah mohd yunusFinancial sector blueprintFinancial services actIslamic financial services actNor shamsiah mohd yunusDigital bankBumiputera participation

MoneyMatch plans Series B round following digital banking authorisation

Malaysian fintech startup MoneyMatch is planning to raise up to $10m as part of its Series B funding round.

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Assessment for digital banks in line with the law, no plans to issue more licences — BNM governor

Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus, in an exclusive interview with Bernama, shared more details of the assessment and selection of the five consortia for digital bank licences.

Kuala lumpurShamsiah mohd yunusIslamic financial servicesBank negaraFinancial servicesBank negara malaysiaInvestment bankTan sri nor shamsiah mohd yunusFinancial sector blueprintFinancial services actIslamic financial services act

Digital banks have much to do

Building a client base seen as key challenge

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