Bank Negara Malaysia Receives 29 Applications For Its Digital Banking Licence
Late last week, BNM confirmed that it has received 29 applications for the licence. The central bank didn’t reveal who were the actual applicants and has noted that the applicants come from a variety of backgrounds including banks, cooperatives, e-commerce operators, fintech companies, industrial conglomerates, state governments, and tech companies. Some of them did disclose their applications and here is a partial list of such companies: AEON CreditAxiata – RHBBigPayGrab – SingtelGreen PacketiFastMPayPertama DigitalPUCStar Media Group...