Maybank Islamic Bhd has launched a rent-to-own (RTO) scheme, the first bank to do so in Malaysia.

HouzKEY – its RTO product – is targeted at first-time house buyers and those who want to upgrade their homes.

“HouzKEY is a milestone achieved by Maybank Islamic, and we believe it will help address the growing issue of concern in Malaysia for affordable home ownership,” said Maybank Islamic’s CEO Datuk Mohamed Rafique Merican in a statement yesterday.

MYPINPAD, a global leader in payments software authentication solutions, today announced a partnership with Datecs, a leading manufacturer and developer of innovative POS hardware, to deliver a PCI compliant PIN on Mobile (PoM) solution. 

IFINTEC Finance Technologies Conference and Exhibition will be held on 08 - 09 May 2018 in Istanbul, Turkey. IFINTEC is a global, niche and dedicated conference with its focus on Retail Banking, Banking Technologies, Banking Solutions, Payment Systems and Finance Technologies. IFINTEC is one of the biggest events in EMEA region in its category. With 900+ attendees, attendance from 15+ countries, 30+ speakers, 30+ speaking sessions, IFINTEC 2017 was organized very successfully. Sponsorship and delegate registrations are open for IFINTEC 2018 Conference.  

Zegami, an Oxford University spin-out, announces the release of the Zegami Cloud Beta platform. Zegami is providing a brand-new way to search and explore datasets with its innovative use of images, enabling new discoveries that were previously unattainable. 

By taking the technology to the cloud, Zegami is looking to massively increase its reach by making it easy for anyone to upload and analyse their data.

An ESMA Q&A published this week provides some further guidance regarding the authorization of sub-delegated DEA providers, but it still leaves room for uncertainty. The Q&A draws a distinction between a DEA client that has EU exchange access directly via a member (Tier 1 DEA client), and a DEA client that obtains access through a sub-delegated DEA provider (Tier 2 DEA client).

Asia United Bank said Wednesday it launched WeChat Pay in the Philippines, which will allow mobile payments from Chinese tourists.

Under a licensing agreement with WeChat developer Tencent, AUB said it would enable merchants in the Philippines to accept payments through WeChat Pay for hotel and airline bookings, shopping and dining.

WeChat Pay's launch in the Philippines came after a unit of Tencent rival Alibaba launched a mobile payment system for Filipinos in partnership with Globe Telecom.

Starling Bank is launching its latest API partnership with Yoyo Wallet, the U.K.-based mobile payment and loyalty platform.

Starting today, clients of ABN AMRO and a number of other European banks will be able to enjoy superfast transfers between the participating banks.