The vision document outlines plans to introduce a framework for regulating all "significant intermediaries" in the payments ecosystem, as well as regulations for bigtech, fintechs and BNPL.
June 24, 2022One lawmaker said the rules should be changed to make banks bear some responsibility for protecting customers from fraud while using their services.
June 14, 2022BNM will take supervisory and enforcement actions against banks that fail to protect their customers from fraud risk.
June 13, 2022Stablecoins and CBDCs may not offer advantages over innovations that are built on top of or aim to improve existing financial plumbing.
May 28, 2022Customers of multiple rural banks complained that banking service disruptions have prevented them from withdrawing their money.
May 9, 2022Scammers obtained personal information of over 1,000 of UOB's Chinese customers with Singapore accounts by deceiving a bank employee.
May 13, 2021Under new guidelines, mobile apps cannot deny users access to their services if users refuse to share unnecessary personal information.
March 26, 2021Cambodia’s central bank and Malaysia’s Maybank will work together to enable real-time cross-border transfers, payments and remittances between the two countries.
October 12, 2019