TNG Digital awarded Malaysia Digital Status, committed to advancing fintech talent and industry standards

TNG Digital Sdn. Bhd. ('TNG Digital'), Malaysia's leading integrated fintech company and operator of Malaysia’s preferred eWallet, TNG eWallet, has been granted Malaysia Digital (‘MD’) Status by the Malaysia Digital Economy Corporation (MDEC).

MD Status is a key national initiative aimed at leading digital transformations and empowering Malaysian businesses in the global digital economy. As an MD Status company, TNG Digital is committed to strengthening Malaysia's digital economy through various Government initiatives to drive a cashless society, with the most recent one being the eMADANI programme, benefiting over 10 million Malaysians. The programme offers e-wallet credits and additional incentives such as vouchers, cashbacks, discounts, and reward points, promoting cashless transactions and alleviating financial burdens.

This certification highlights the company's proactive approach to ensuring the platform remains secure and future ready. TNG Digital prioritises the safety and privacy of eWallet users by adhering to stringent standards and implementing advanced security measures to safeguard their data, thereby enhancing trust in its TNG eWallet offerings.

Alan Ni, Chief Executive Officer of TNG Digital, said, "This milestone underscores our dedication to delivering customer-centric solutions with cutting-edge digital financial services, enhancing user confidence and reaffirming our leadership in the fintech sector. As we celebrate this achievement with our users, partners, and team, we remain focused on advancing technology to drive financial inclusion through better user experiences, ensuring seamless, secure, and efficient services.  We hope this milestone will inspire our team at TNG Digital to continue to revolutionise the digital economy in Malaysia and beyond."

TNG Digital’s active participation in the Malaysia Digital Founders Centre of Excellence (MD FOX) programme, facilitated by MDEC, exemplifies the longstanding commitment to fostering the growth of promising Malaysian technology firms, predating its MD Status recognition.

"We are delighted to award TNG Digital the MD Status, recognising their significant contributions to the digital economy in Malaysia," said Chief Executive Officer of MDEC, Ts. Mahadhir Aziz. "As the most used e-wallet in Malaysia, TNG Digital has created an attractive ecosystem within their super app, including RFID toll payments, parking, and financial services, backed by respective partners. This achievement highlights their innovation and leadership in driving digital transformation. MDEC is proud to have supported TNG Digital through initiatives such as the MD FOX programme and their wins at the PIKOM Scaleup Tech Icon Award 2023 and HK Asia Smart App Awards 2023. We look forward to their continued success in enhancing Malaysia's digital landscape."

The MD status further enhances TNG Digital's reputation, providing competitive advantages that attract local and international talent. With improved access to government support, policy influence, and robust business infrastructure, the company is poised to expand its global footprint, attracting new business opportunities, investments, and partnerships both domestically and internationally.

For more information about TNG Digital and TNG eWallet, please visit https://www.touchngo.com.my/ewallet/