Central Bank of Malaysia

15 results about this entity

Period: 19 Oct 2016 - 17 Nov 2023

/payments

Singapore and Malaysia connect real-time payment systems

The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) have jointly launched the real-time payment systems linkage between Singapore’s PayNow and Malaysia’s DuitNow.

/regulation

Central banks bid to embed compliance requirements into real-time transactions

The Bank for International Settlements, along with the central banks of Australia, Korea, Malaysis and Singapore, is exploring the possibility of embedding regulatory requirements into cross-border transactions.

/payments

Singapore and Malaysia launch cross-border QR-code merchant payments

Singapore and Malaysia have linked their payment systems, enabling shoppers to make purchases across borders by scanning QR codes.

Asean central banks sign payments co-operation pact

Bank Indonesia (BI), Bank Negara Malaysia (BNM), Bangko Sentral ng Pilipinas (BSP), Monetary Authority of Singapore (MAS), and Bank of Thailand (BOT) have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.

/crypto

Central banks develop prototypes for cross-border CBDC interoperability

The Bank for International Settlements and the central banks of Australia, Malaysia, Singapore and South Africa have developed two prototypes for a shared platform that could enable international settlements using digital currencies issued by multiple central banks.

/payments

Singapore and Malaysia link faster payment systems

Fresh from a faster payments link-up with India, the Monetary Authority of Singapore has announced plans to commence a phased linkage of the country's PayNow plumbing with Malaysia’s DuitNow real-time payment systems.

/crypto

Central banks to develop prototypes for cross-border CBDC settlement

The Bank for International Settlements has enlisted the central banks of Malaysia, Singapore, South Africa and Australia to test the use of central bank digital currencies (CBDCs) for international settlements.

Refinitiv retains contract for Kuala Lumpur Interbank Offered Rate

Refinitiv, the former financial and risk business unit of Thomson Reuters, has been re-appointed by Bank Negara Malaysia (BNM) as the calculating and distribution agent for the industry interest rate benchmark, Kuala Lumpur Interbank Offered Rate (KLIBOR).

Malaysia switches on real-time payments platform

Malaysian consumers can now conduct instant P2P payments using just the recipient's mobile phone, passport or identity card numbers with the go-live of the country's Real Time Payments platform.

/regulation

Malaysian regulators clarify treatment of crypto assets

This joint press statement is issued by the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) to provide clarity on the regulatory approach for the offering and trading of digital assets in Malaysia.

Malaysian central bank foils attempted Swift heist

Malaysia's central bank says it detected and foiled a cybersecurity attack that attempted to send unauthorised funds transfers using falsified Swift messages.

Malaysian Central Bank prepares for banking industry's 'Kodak Moment'

The Central Bank of Malaysia has established an open API implementation group with members drawn from the banking industry, fintech community and key stakeholders to develop open API standards for the financial sector as part of efforts to broaden access and promote innovation and competition.

Malaysia's MyClear and MEPs merge

Bank Negara Malaysia (BNM) wishes to announce the merger of MyClear[1] and MEPS[2] to form Payments Network Malaysia Sdn Bhd or PayNet. PayNet will be the operator of shared payments infrastructures for the nation.

Malaysian central bank calls for participation on Fintech Hacks

The Financial Technology Enabler Group (FTEG) has announced that it is seeking ideas from the public on the improvements to financial services sector by harnessing innovation and technology.

Malaysia sets out fintech sandbox framework

Malaysia is the latest country to set up a fintech regulatory sandbox in an effort to help startups experiment with new products and services in a safe environment.