KUALA LUMPUR, April 5 Alliance Bank Malaysia today launched a virtual credit card with the country’s first “dynamic card number” feature, offering enhanced security for.
Digital Banking: Malaysia based Fintech Jirnexu to Work with Five Local Entities Seeking Virtual Bank License
Malaysia-based Fintech firm
Jirnexu reveals that it has entered into partnership agreements with over five consortia as they apply for a virtual banking license.
They stated that with Jirnexu’s client base and a solid understanding of their financial requirements via RinggitPlus.com, the digital banking license seekers can develop a comprehensive portfolio to support their application during this selection period.
In order to improve Malaysia’s financial literacy rate, Jirnexu had introduced the financial comparison website RinggitPlus.com back in 2013.
RinggitPlus has created a credit scoring system, referred to as X-Score, by using its proprietary data from its digitally sourced credit card and personal loan documents. This scorecard should allow virtual banks to source clients confidently while taking into consideration their risk appetite.
KUALA LUMPUR (April 23): AirAsia Bhd has expanded its airasia super app to provide financial products and services under the “airasia money” banner, beginning with a partnership with financial comparison platform RinggitPlus.
Through its partnership with the platform, airasia money currently provides credit card and loan application services. The financial marketplace will also allow users to obtain the best personal finance news, information, guidance and make the best choices for their immediate needs.
Today’s launch of airasia money, said AirAsia Group Bhd chief executive officer Tan Sri Tony Fernandes, marks the final piece of the puzzle for the airasia super app, a concept that was aggressively pushed since October 2020.