'Fintech' Stories - The Scoop

Participation in investment funds soars 61% amid pandemic AMBD is eyeing the formation of a fintech hub to accelerate development of technology-driven financial services

BANDAR SERI BEGAWAN — More people have poured money into investment funds despite the COVID-19 pandemic’s impact on the economy, said the deputy…

COVID-19 drives 116% growth in interbank fund transfers: AMBD Banks report significant rise in digital payments as consumers take advantage of bank fee waiver

December 10, 2020

BANDAR SERI BEGAWAN — Online interbank transfers have grown 116 percent since April 1, when banks waived transfer charges to help businesses during…

BIBD: Purchasing can be as easy as ‘tap and pay’ The BIBD NEXGEN wallet will potentially connect users to international e-wallets such as WeChat Pay and Google Pay

December 15, 2018

BANDAR SERI BEGAWAN – Local consumers will soon be able to make contactless payment or ‘tap and pay’ with BIBD’s latest digital cashless…

Local e-wallet BruPay banks on millennials, merchant-friendly features There will be no transaction fee as it hopes to encourage more Bruneians to use the BruPay e-wallet application

November 14, 2018

BANDAR SERI BEGAWAN — The recently launched e-wallet application by local fintech startup BruPay is geared to accommodate to the needs of millennial…