News

2022
2021
Rush for digital bank licence
PETALING JAYA (Jan 7): More contenders vying for a digital bank licence in Malaysia, including Managepay Systems Bhd (MPay), PUC Bhd, AirAsia Group Bhd-linked BigPay and iFast Corp Ltd, have submitted their bids to Bank Negara Malaysia as applications closed on Wednesday. With its experience of launching various regulated financial...
Malaysian SMEs should lead in innovation and production, says CEO
KUALA LUMPUR (Feb 12): Malaysian small and medium enterprises (SMEs) should lead in the innovation and development of local products using indigenous technologies. In an email interview, ManagePay Marketing Sdn Bhd chief executive officer Tan Chia Wei told theedgemarkets.com that...
MPay set to lead private-academia partnership to deepen local research in AI-driven KYC solution
KUALA LUMPUR (March 29): End-to-end electronic payment solution provider ManagePay Systems Bhd (MPay) is set to ink a tripartite private-academia partnership with MSC Trustgate.com Sdn Bhd and University Malaya's Artificial Intelligence (AI) Research Lab, aimed at producing a fully...
ManagePay Systems hopes for new partners in digital bank bid
June 30: IT is understood that ManagePay Systems Bhd (MPay), which is vying for one of five digital bank licences from Bank Negara Malaysia, may soon confirm a potential partnership with up to three parties in its application as the closing date of June 30 draws near. The central bank had issued its Licen­sing Framework...
Managepay announces application for digital banking licence
KUALA LUMPUR (July 1): Managepay Systems Bhd's wholly-owned subsidiary ManagePay Services Sdn Bhd (MPSB) has applied to Bank Negara Malaysia yesterday for a digital banking licence, said the group in a bourse filing. It noted that it is supported by three local...
ManagePay major shareholder Dr Azizan Osman buys additional 45 million shares via private placement
KUALA LUMPUR (July 9): ManagePay Systems Bhd (MPay)’s major shareholder Datuk Wira Dr Azizan Osman bought an additional 45 million shares in the company via his vehicle Richworks International Capital Holdings Sdn Bhd.
MPay in partnership to launch prepaid MasterCard, e-wallet
KUALA LUMPUR (Aug 3): Managepay Systems Bhd (MPay) has entered into a partnership for the issuance of MPAY PanPay MasterCard Prepaid Card, MPAY Smartlink Wallet and MPAY Smartlink Online Wallet. The partners are app creator Smartlink Asia Bhd, fintech outfit...
Public Gold’s Datuk Ng Chun Hau emerges as substantial shareholder in MPay
KUALA LUMPUR (Aug 20): Public Gold Group (PG Group) founder Datuk Ng Chun Hau has emerged as a substantial shareholder in ManagePay Systems Bhd, which the latter said could pave the way for future collaborations between the...
2020