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Bank Negara's QR Mandate, AI Decisioning Surge & Cred's $4.5B Round
Audio is available on Spreaker — see link below.
Bank Negara Malaysia forces QR code interoperability by 2028, while venture capital piles into AI-powered credit and compliance decisioning. Plus: Cred's $900M Series H and RBI tightens broker lending rules in India.
Audio is available on Spreaker — see link below.
Bank Negara Malaysia just made QR code interoperability mandatory, and the implications stretch well beyond Malaysia's borders. The announcement formalizes a hard deadline of June thirty, twenty twenty-eight.
The cross-border dimension is where things get more uncertain. Malaysia's framework ties account-to-account and cross-border QR requirements to the Nexus scheme, a multilateral payments infrastructure being developed to link fast payment systems across ASEAN and beyond.
Separate from the payments story, a clear pattern is emerging in venture capital. Three significant funding rounds closed recently, all in AI-powered financial decisioning, and together they tell a consistent story.
In India, Cred closed a nine hundred million dollar Series H at a four point five billion dollar valuation. Cred built its business around credit card rewards, essentially creating a consumer engagement layer on top of existing card infrastructure.
Also in India, the Reserve Bank of India announced new lending restrictions on stock and commodity brokers, effective July first, twenty twenty-six. The rules tighten leverage controls in a segment that had grown rapidly alongside India's retail derivatives boom.
The through-line across today's briefing is regulatory and capital conviction meeting at the same moment. Regulators in Malaysia and India are forcing structural changes that markets were too slow to make voluntarily.
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