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BruPay to pitch mobile wallet in Singapore

Local Fintech startup BruPay will be promoting its cashless mobile payment system at the Singapore Fintech Festival this November. The startup yesterday won the golden ticket to the upcoming event in Singapore after having successfully pitched the business idea at the ASEAN PitchFest at the...

AMBD flags dishonest local Bitcoin mining company

The Autoriti Monetari Brunei Darussalam (AMBD) has denied claims made by local Bitcoin investment firm United Formula Company (UFC) that the business is recognised and approved by the sultanate’s central bank. AMBD in a statement released today said UFC has been making false representations to...

Peer-to-peer mobile payment at retail shops now a reality with BIBD QuickPay

BIBD is swapping point-of-sale machines for QR Code display stands at retail counters with the launch of its new peer-to-peer mobile payment service. QuickPay is just one of the few upgrades BIBD recently rolled out onto its mobile banking platform NEXGEN to further simplify payment...

Concepts wins Microsoft Country Partner of the Year award

Bruneian IT company Concepts Technologies has been awarded the 2018 Microsoft Country Partner of the Year for Brunei. The award honours Microsoft’s partners at the country level that have demonstrated business excellence in delivering Microsoft solutions to multiple customers over the past year. Microsoft in a...

Public warned: Beware of cryptocurrency risks, but don’t dismiss blockchain

Members of the public are urged to be vigilant when conducting investments in cryptocurrencies in view of the fast-paced nature at which the technology is developing. Home Affairs Minister YB Pehin Orang Kaya Seri Kerna Dato Seri Setia (Dr) Hj Awang Abu Bakar Hj Apong...

TechXpo will be an annual event: Organisers

Organisers of the upcoming Brunei Technology Expo (TechXpo) 2018 are planning to upgrade the biennial premier tech fair into an annual event. Infocomm Federation Brunei’s (IFB) Chairman Sheikh Hj Abas Sheikh Mohamad said that the organising committee is looking at increasing the frequency of the...