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Grab, Razer, AirAsia, Others Ponder Malaysia Banking Application

PYMNTS

Malaysia is giving preference to bidders with capital governed by firms in the region. The country’s draft doctrine indicates that electronic banks are required to minister to populations in “underserved and unserved segments” with services and solutions that focus on the void in the market. million customers.

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Deep Dive: Instant Payments Confront Long Path To Ubiquity

PYMNTS

The entertainment, insurance, music, restaurant and retail industries are all experimenting with real-time disbursements, as are healthcare providers and government agencies responsible for taxes and other refunds. Faster payments may not be the most popular disbursement method, but markets are regularly adopting them for consumer payouts.