MoneyMatch | Public Institutions

This compendium, prepared by the Division for Public Institutions and Digital Government (DPIDG) of the United Nations Department of Economic and Social Affairs (UN DESA), aims to capture emerging trends in digital responses of UN Member States against the COVID-19 pandemic along with other digital government initiatives and provide a preliminary analysis of their main features. These cases are shared for exchange of information so that Member States can learn from each other and possibly create new partnerships.

MoneyMatch is an approved participant of Brunei Darussalam Central Bank (BDCB) FinTech Regulatory Sandbox. It has successfully executed over MYR 2.5 billion in transactions covering cross-border trade payments and individual remittances and achieved rapid success by optimizing treasury operations with machine learning algorithms and integration with blockchain solutions for swifter disbursement. MoneyMatch is expanding globally at a rapid pace with operations in three countries with many more to come.

Country

Malaysia

Institution

Money Service Business division of the Central Bank of Malaysia.