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KUALA LUMPUR: Bank Negara Malaysia has issued a policy document on licensing framework for digital banks following a six-month public consultation.
Consumers want the price hike for medical insurance, set to take effect in 2021, to be deferred to 2023 as many are still struggling financially due to Covid-19. Meanwhile, Bank Negara Malaysia is engaging stakeholders to manage this development.
KUALA LUMPUR: Employee Provident Fund (EPF) contributors who intend to use the i-Sinar scheme should be wary of scammers, says Comm Datuk Zainuddin Yaacob.
SIBU: Bakun Resettlement Scheme residents in Sungai Asap want a permanent bank instead of the proposed mobile bank services for rural areas in the state.
PETALING JAYA: Bjak.my announced that it has helped Malaysian car owners generate over RM90mil savings through its car insurance comparison service.
KUALA LUMPUR: They promised investors in their cryptocurrency scheme returns of up to 15% and even fooled the victims by engaging foreign “speakers” at their seminars in a bid to make them look like legitimate events.
KUALA LUMPUR: Two investment scam syndicates behind RM5.6mil in losses, were busted following the arrests of 13 suspects.
FINANCIAL Industry Collective Outreach (Finco), a collaboration between all financial institutions in Malaysia with the guidance of Bank Negara Malaysia, announced a new financial literacy programme that will be launched in selected primary schools early next year.