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Unpaid or overdue BNPL loans amounted to RM147.7 million, which is 3.5per cent of the total BNPL loan portfolio. - Photo illustrated via Canva
Unpaid or overdue BNPL loans amounted to RM147.7 million, which is 3.5per cent of the total BNPL loan portfolio. - Photo illustrated via Canva
National
BNPL loans hit RM4.2 billion in Malaysia, overdue amounts under control
KUALA LUMPUR - The total value of buy now, pay later (BNPL) scheme loans in Malaysia reached RM4.2...
As of December 2024, there were 5.1 million active BNPL users, the majority aged 21 to 45 and earning less than RM5,000 per month. Photo for illustrative purposes only.
As of December 2024, there were 5.1 million active BNPL users, the majority aged 21 to 45 and earning less than RM5,000 per month. Photo for illustrative purposes only.
National
Malaysian BNPL transactions surge to RM7.1 billion in 2H 2024
KUALA LUMPUR - Local consumer 'buy now, pay later' (BNPL) transactions surged in the...
Photo for illustration purpose only. - FILE PIX
Photo for illustration purpose only. - FILE PIX
Money
Malaysian banks remain well-capitalised despite lower earnings in 2H 2023
KUALA LUMPUR - The liquidity and funding positions of the banking system remained strong in the...
Major banks and non-bank financial service providers will waive transaction fees for micro and small businesses accepting DuitNow QR payments, says Bank Negara Malaysia (BNM). - BERNAMA
Major banks and non-bank financial service providers will waive transaction fees for micro and small businesses accepting DuitNow QR payments, says Bank Negara Malaysia (BNM). - BERNAMA
National
BNM: Micro, small businesses to continue enjoying zero-cost transactions via DuitNow QR payments
KUALA LUMPUR - Major banks and non-bank financial service providers will waive transaction fees for...
Customers can now make contactless and fast transactions by adding the Wise card to Apple Pay or Google Pay on iOS or Android devices. Photo: Wise
Customers can now make contactless and fast transactions by adding the Wise card to Apple Pay or Google Pay on iOS or Android devices. Photo: Wise
TECH
Wise, first non-bank to launch Apple Pay, Google Pay
SHAH ALAM - Wise has launched Apple Pay and Google Pay for its cardholders, marking the first...
Fitch lowered its "operating environment" rating for US banks to AA- from AA in June, citing pressure on the country's credit rating, regulatory gaps exposed by the March regional bank failures, and uncertainty around interest rates - Photo from Angela Weiss | AFP | Getty Images
Fitch lowered its "operating environment" rating for US banks to AA- from AA in June, citing pressure on the country's credit rating, regulatory gaps exposed by the March regional bank failures, and uncertainty around interest rates - Photo from Angela Weiss | AFP | Getty Images
Americas
Fitch warns it may have to downgrade dozens of US banks
NEW YORK - Fitch Ratings warned on Tuesday that dozens of US banks, including JPMorgan, the largest...
picture for illustrative purposes - FILEPIC
picture for illustrative purposes - FILEPIC
LEGAL & BUSINESS
CCA to provide clearer regulatory framework for consumer credit biz, better consumer protection
KUALA LUMPUR - The Consumer Credit Bill, targeted for tabling in Parliament in the fourth quarter of...
BNPL is a type of short-term financing that allows consumers to make purchases and pay for them at a future date, often interest-free. The existing arrangement does not really look into the consumers’ credit ratings or BNPL providers running a thorough credit check.
BNPL is a type of short-term financing that allows consumers to make purchases and pay for them at a future date, often interest-free. The existing arrangement does not really look into the consumers’ credit ratings or BNPL providers running a thorough credit check.
National
Review credit limit, interest rates under Buy Now, Pay Later facility, say economists
KUALA LUMPUR - The move to regulate the Buy Now, Pay Later (BNPL) facility is timely and among the...
New
An autopsy on a two-year-old boy who was found dead in a car on Jalan Tunku Hassan here on Tuesday revealed no physical injuries or damage to internal organs.
An autopsy on a two-year-old boy who was found dead in a car on Jalan Tunku Hassan here on Tuesday revealed no physical injuries or damage to internal organs.
Toddler left in car had no physical injuries - Autopsy
C Navindren Raj, 38, S Sridharan, 30, and S Pratifkumar, 30, had been detained under the Security Offences (Special Measures) Act 2012 (SOSMA) upon their arrival at Kuala Lumpur International Airport earlier today. Photo by Bernama
C Navindren Raj, 38, S Sridharan, 30, and S Pratifkumar, 30, had been detained under the Security Offences (Special Measures) Act 2012 (SOSMA) upon their arrival at Kuala Lumpur International Airport earlier today. Photo by Bernama
Three charged over alleged membership of 'Captain Praba gang'
Photo illustrated via Canva.
Photo illustrated via Canva.
Compulsory Malaysian history for all students - MSJN
Security personnel patrol near a deserted Kozhikode beach after restrictions were imposed by the district administration in Kozhikode, in India's southern state of Kerala on September 18, 2023. (AFP file photo)
Security personnel patrol near a deserted Kozhikode beach after restrictions were imposed by the district administration in Kozhikode, in India's southern state of Kerala on September 18, 2023. (AFP file photo)
India reports two new cases of deadly Nipah virus
No Image Caption
The invisible economy that holds Malaysia together
Most Popular
Dr M makes first public appearance after hip fracture
Former prime minister Tun Dr Mahathir Mohamad was seen seated in a wheelchair Pavilion Damansara. - Photo: THE STAR
Former prime minister Tun Dr Mahathir Mohamad was seen seated in a wheelchair Pavilion Damansara. - Photo: THE STAR
Pavilion Bukit Jalil ushers in the Year of the Horse with a month of festive celebration
(From left) Pavilion REIT CEO Datuk Philip Ho, National Unity Minister Datuk Aaron Ago Dagang, Maybank Bhd Head of Cards Md. Gharif Talib and Gold Art Head of Sales Daniel Lim at the official launch of Pavilion Bukit Jalil’s Joyful Prosperity Together, Here Chinese New Year celebration.
(From left) Pavilion REIT CEO Datuk Philip Ho, National Unity Minister Datuk Aaron Ago Dagang, Maybank Bhd Head of Cards Md. Gharif Talib and Gold Art Head of Sales Daniel Lim at the official launch of Pavilion Bukit Jalil’s Joyful Prosperity Together, Here Chinese New Year celebration.
Wife of ex-army chief charged with receiving RM5,000 from unlawful activities
The 27-year-old pleaded not guilty after the charge was read out before Judge Mohd Azhar Othman. - Bernama photo
The 27-year-old pleaded not guilty after the charge was read out before Judge Mohd Azhar Othman. - Bernama photo
FAM exco members resign en masse with immediate effect
The Football Association of Malaysia (FAM) today announced that all members of its Executive Committee (Exco) for the 2025-2029 term have collectively and voluntarily tendered their resignations with immediate effect. Bernama FILE PIX
The Football Association of Malaysia (FAM) today announced that all members of its Executive Committee (Exco) for the 2025-2029 term have collectively and voluntarily tendered their resignations with immediate effect. Bernama FILE PIX
Housewife claims rat remains found in popular brand’s canned spaghetti sauce
Rohaniza lodged a complaint with the Health Ministry after discovering a foreign object in the spaghetti sauce she purchased from a supermarket.
Rohaniza lodged a complaint with the Health Ministry after discovering a foreign object in the spaghetti sauce she purchased from a supermarket.
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