TNG Digital gains recognised market operator status

TNG group chief executive officer Effendy Shahul Hamid said the recognised market operator status would allow the company to offer innovative digital offerings to its customers.

KUALA LUMPUR: TNG Digital Sdn Bhd (TNG), a subsidiary of Touch ‘n Go, can now operate as a recognised market operator, which allows the company to directly distribute capital market products through its e-wallet platform without being directed to third-party applications.

This comes after TNG received a conditional approval from the Securities Commission (SC), making it the first e-wallet to obtain this approval.