Financial sector prevents RM1.9bil in attempted fraudulent transactions in 1H26
KUALA LUMPUR: The financial sector has prevented approximately RM1.9 billion in attempted fraudulent transactions in the first half of 2026, surpassing the RM1.2 billion prevented throughout 2025.
Banking industry, PayNet to introduce industry fraud alert, eye pilot testing in 1H 2027 - Bank Negara governor
KUALA LUMPUR: The banking industry and PayNet are working towards introducing industry-wide fraud alert capabilities, with pilot testing involving selected banks targeted for the first half (1H) of 2027.
RHB Bank sees more upside for 4Q26
PETALING JAYA: RHB Bank Bhd's management has shared that there is sufficient runway to reposition the bank's portfolio and capitalise on market opportunities for the fourth quarter ending Dec 31, 2026 (4Q26) after surging Malaysian Government Securities (MGS) yields weigh on non- interest income (NOII) in 3Q26.
Standard Chartered Saadiq, Agrobank partner on Islamic FX solution
KUALA LUMPUR: Standard Chartered Saadiq has partnered with Agrobank to provide a Shariah-compliant digital foreign exchange (FX) solution for the development financial institution's international transactions.
RHB online banking to drop support for older browsers from Oct 31
RHB Bank has announced that its online banking platform will stop supporting older, outdated browsers from Oct 31. These outdated browsers will not be able to access the platform after this date.
ANZ Group to replace KPMG as auditor after nearly six decades
AUSTRALIA's ANZ Group said on Friday it would launch a competitive tender for external audit services, with incumbent KPMG ineligible to participate after serving as the bank's auditor since 1969.
MBSB Bank funds RM66.4mil GO Energy solar projects
MBSB Bank Bhd has provided RM66.35mil in financing facilities to GO Energy Sdn Bhd (GESB) to support the development and implementation of solar photovoltaic (PV) projects across Malaysia.
Deposit competition forecast for banks in 4Q
In the absence of immediate near-term catalysts, analysts believe the banking sector's current valuation has largely priced in fundamental resilience.
Bank Negara imposes penalties on three companies for non-compliance amounting to RM40,400
KUALA LUMPUR: Bank Negara Malaysia (BNM) imposed administrative monetary penalties (AMPs) of RM22,000 on Wawasan Ilham (M) Sdn Bhd (WISB) and RM6,900 on SMJ Teratai Sdn Bhd for failing to comply with customer due diligence (CDD) requirements.
Maybank, Gallant Venture expand Bintan halal hub
KUALA LUMPUR: Maybank and Gallant Venture are expanding their collaboration to develop the Bintan Inti Halal Hub (BIHH) in Indonesia, with the project moving into a 100-hectare development phase.
