Licensed partner model
The partner bank is the lender and credit provider of record. EOGSB provides technology and carries no lending book.
Regulation and compliance
Inside the bank's regulatory perimeter.
Every financing product is offered by a licensed partner institution. Our job is to make the technology meet that institution's standard.
BNM RMiT
Hosting and controls configured to Bank Negara Malaysia’s Risk Management in Technology policy and the bank’s data-residency rules.
Personal data
Designed to meet the Personal Data Protection Act 2010, with role-based access, encryption and full audit trails.
Consumer credit
iPayLater keeps BNPL credit with a regulated bank, in line with the Consumer Credit Act 2025 and Consumer Credit Commission licensing.
Identity and AML/CFT
Digital KYC and KYB at onboarding, with AML/CFT oversight led by our Director of Legal and Compliance.
e-Invoicing
CashDay validates e-Invoices against LHDN’s MyInvois records before any funding.
Specific regulatory treatment of each product is a matter for the partner institution and its regulator. EOGSB does not give legal or regulatory advice.