Bank Negara approves WorldRemit ops under new regulatory Sandbox programme

Responding to the article, it said the reporting by Bloomberg reflected a lack of understanding of the Malaysian economy, external position, financial system and its economic policies.

KUALA LUMPUR/LONDON: WorldRemit, a leading digital money transfer company, is launching operations in Malaysia.

This follows the company's acceptance as one of only four initial entrants into Bank Negara's Financial Technology Regulatory Sandbox in June - and the appointment of Ridzuan Aziz, a senior Malaysian business leader with experience in compliance advisory and fintech, as WorldRemit's Malaysia Country Director.