News & Reviews: bnm
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Mar 08, 2024
Bank Negara Malaysia (BNM) has introduced a new rule for money service businesses (MSBs) such as money changers to jot down the details of their Malaysian customers, regardless of the amount being changed. Enforced since 6 February, read on to find out more about this change.
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Oct 14, 2023
Bank Negara Malaysia (BNM) has revealed several interesting statistics regarding e-payment transactions, showcasing its strong growth in our country. In a speech by Assistant Governor Abd Rahman Abu Bakar, Malaysia recorded 9.5 billion e-payment transactions in 2022.
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Feb 20, 2023
Previously, we reported that Shopee has launched the SLoan, a digital financing loan of up to RM120,000 for sellers on the platform. Now, Bank Negara Malaysia (BNM) has released a statement regarding SLoan, advising the public to carefully study its product terms and conditions before applying or accepting.
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Sep 26, 2022
Bank Negara Malaysia (BNM) today instructed banks and financial institutions in the country to stop using SMS one-time passwords (OTPs) and instead migrate to more secure authentication methods for all relevant online transactions and activities. Moreover, BNM also told banks to provide more convenient ways for customers to suspend their accounts as well as immediately alert customers when any fraudulent transactions were detected on their accounts.
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Sep 07, 2022
During a colourful event in Kuala Lumpur today, Boost launched its refreshed brand along with an update on future plans for the coming months and 2023. Fresh from its recent Digital Bank License award from Bank Negara Malaysia (BNM), Boost aims to fuel greater financial inclusion for Malaysia and across the region by utilising the power of technology and artificial intelligence (AI).
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Aug 12, 2022
Previously, we reported that the federal government is investigating the iPay88 cybersecurity breach in which Malaysian consumers’ card data may have been compromised. Now, even Bank Negara Malaysia (BNM) has issued a statement regarding the incident, reassuring the people that the nation’s payment system remains safe and secure.
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1. | Infinix Note 40 Pro 5G | RM 898 |
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2. | Redmi Turbo 3 | RM 1459 |
3. | Realme Note 50 | RM 349 |
4. | vivo V30 Pro | RM 2598 |
5. | Oppo A3 Pro | N/A |
6. | Xiaomi 14 Ultra | RM 4699 |
7. | Samsung Galaxy S24 Ultra | RM 5075 |
8. | Redmi Note 13 Pro Plus | RM 1269 |
9. | Infinix GT 10 Pro | RM 650 |
10. | Oppo Reno 11 Pro | RM 1879 |