Mizuho, MUFG and SMBC have tested a single, jointly issued yen stablecoin to settle payments between Mitsubishi Corporation and its overseas offices. Backed by Japan’s Financial Services Agency, the banks now aim for live commercial transactions before the end of March 2027.
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An AEON Bank customer briefly saw more than RM1 billion in his account after a glitch tied to the digital bank’s Merdeka reward campaign. The bank reversed it the same day and says no data was compromised. Here is what happened and what it means for Malaysians.
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Maybank Indonesia has launched Fast Remittance in its M2U ID app with Nium, starting with five currencies and a US$2.50 promo fee. The ringgit is on its list for the next phase. Here is what that could mean for Malaysia-Indonesia money flows.
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The Finance Ministry says a viral poster claiming QR payments will carry a service charge from 1 November 2026 is untrue. Here is what MOF said, how QR payment costs actually work for shoppers and merchants, and how to spot a fake payments notice.
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Sponsored by Papaya Pay. Papaya Pay Berhad is preparing two new products: a white-label payment software platform that lets businesses run payments under their own brand, and the Papaya booking platform, bringing ride booking, flights and hotels, and RM1-per-order parcel delivery booking into one app.
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Singapore’s central bank has granted merchant payments firm KPay a Major Payment Institution licence, three months after in-principle approval. KPay is adding online payments, digital invoicing and an F&B point-of-sale system, and says Singapore will be its template for wider Asia-Pacific growth.
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Tourism Malaysia has signed an MoU with Ant International’s Alipay+ to bring an AI travel agent, travel subsidies and DuitNow-linked savings into the e-wallets foreign visitors already use, aiming to spread tourist spending to SMEs beyond the main hubs ahead of Visit Malaysia 2026-2027.
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Thai fintech Salary Hero has raised a US$7.6 million Series A and expanded its credit line to US$10 million as it scales earned wage access in Malaysia, aiming to sign 50 corporate partners by the end of 2027.
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Malaysian supply chain finance platform CapBay says it has now channelled more than RM6 billion to over 2,700 SMEs in ten years, as Budget 2027 adds RM270 million in co-investment funds and extends cheap stamp duty for P2P financing.
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Bank Negara Malaysia’s Project STREAM will move banks, insurers and payment providers from Excel templates to automated API-based reporting, starting with deposits, payments and derivatives data in late 2028. Here’s what changes and why it matters.
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