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BIBD launches digital certificate of deposit to get more Bruneians to invest

Bank Islam Brunei Darussalam (BIBD) today launched its first ever digital certificate of deposit, dubbed BIBD Aspirasi. The fixed-income product is available via the bank's mobile and online NEXGEN platforms - customers can make deposits,...

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...

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...

Weelago: A marketplace for the Brunei E-commerce scene

Local IT company EC-Tech Solution yesterday launched Weelago.com, an all-inclusive and easy-accessible e-commerce marketplace platform that enables anyone to buy and sell online. The site provides everything needed to run a business online, whether it...

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...

BIBD BizNet app helps businesses manage their finances on their phones

Bank Islam Brunei Darussalam (BIBD) has launched a mobile application designed to help businesses in Brunei easily manage their accounts on their smartphones. BizNet, which is an upgrade to...