Forms a capital and business affiliation in the digital payment industry with Japan’s transcosmos inc.
Malaysian mPOS solution provider gaining further traction in Southeast Asian market with Japanese partnerships.
Fintech players should be cautious, because the increasing digitalisation of the financial services industry brings with it an extra element of risk, warned the Securities Commission Malaysia.
Intellectual Property was at the forefront for DNA founder Karamjit Singh as he moderated a panel session on how it can be related to startups in Malaysia. He also wonders how important the issue is to both MDeC and MaGIC, key ecosystem builders.
Malaysian digital payments startup Soft Space International Sdn Bhd is gearing for 2015 to be a red-letter year with a number of new solutions – and more importantly, innovative use cases – that will roll out this year.
Digital payments technology provider Soft Space International Sdn Bhd announced that Maybank Bhd and Maxis Bhd have agreed to a partnership that will see the mega-corporations using the startup’s mPOS (mobile point-of-sale) technology.
The payments market has ensconced players and may be facing stiff competition from deep-pocketed foreign companies eyeing the South-East Asian region, but there are still opportunities aplenty for the enterprising startup, said the two panellists at the DNA-TeAM Disrupt discussion on ‘Pay to Play.’
Mobile payments startup Soft Space International makes its first acquisition, saying that it fills a huge gap in its offering.
TM Research & Development Sdn Bhd bagged the ‘Chairman’s Award’ at the recent WITSA ICT Excellence Awards organised by WITSA, the World Information Technology and Services Alliance, a consortium of ICT industry association members from over 80 countries and economies, while Malaysia will host WCIT in 2020.
Soft Space International, whose mobile point of sale solution has been adopted by some of the major banks in the region, has been approved for a 1:1 matching grant worth RM18.4 million (US$5.6 million) by the Malaysian Investment Development Authority, a boost to the company's efforts to become a 'payment innovator.'