Banking

Hong Leong Seeks Fintech Startups For Its HLB LaunchPad Mentorship Programme

Last year, Hong Leong Bank Berhad launched its inaugural HLB LaunchPad with a vision of helping Malaysian fintech startups rethink the whole industry—similar to how ride-hailing reimagined the public transportation industry. To that end, Hong Leong is now opening up

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Banking Partnerships in Malaysia are Moving Beyond Fintech

Several years ago when the fintech wave began hitting the shores of Malaysia, several Malaysian banks like Maybank, RHB, and CIMB each launch their own accelerator programmes to partner up with fintech companies. Some time around last year, the banks

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OCBC Partners up with P2P Lender Fundaztic to Enhance Financing Access for SMES

OCBC Bank and Fundaztic, P2P lending platform licensed by the Securities Commission have entered into a collaborative agreement to enhance access to financing for micro, small and new businesses which forms the largest base of SMEs in the country currently

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Hendra Lembong Replaces Olivier Crespin as CIMB’s Chief Fintech Officer

CIMB has appointed Hendra Lembong as Chief Fintech Officer with effect from 1 June 2018. Hendra will be replacing Olivier Crespin who hired in 2017 to head the newly set up fintech dedicated unit, CIMB Fintech.CIMB FinTech was launched in

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UOB Inks Deal With Funding Societies To Provide Startups Access to Funding

UOB Malaysia today announced it will partner with Funding Societies, a regional peer-to-peer (P2P) lending platform Through the partnership, start-ups and UOB Malaysia’s small business customers can access Funding Societies’ global investor network to raise additional working capital. UOB Malaysia’s

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CIMB Launches 1 Minute Instant Approval for Auto Financing

CIMB Group today unveiled the CIMB 1-Minute Auto Financing InstaApproval™, a digital platform that approves auto financing within one minute upon full submission of information and documents. This marks the latest addition to CIMB’s InstaApproval™ series, which also features the

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Digital, Data, Disruption: CIMB Pledges RM 75 Million to Its 3D Academy

36,000 workforce to be trained A combined total of estimated 2 million staff learning hours Aims to equip staff with digital competencies like UI/UX design, data science, and entrepreneurial thinking CIMB Group has pledged RM 75 million over the next

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UOB Partners With WORQ & Common Ground to Lower Price Barriers for Startups

United Overseas Bank (UOB) recently announced that they have signed a MOU with WORQ and Common Ground to offer up to 20% off the rental of the co-working spaces. Startups and SME’s who are customers of UOB will be able

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Behind The Scenes: How Hong Leong Bank is Digitising Their Workforce

Digital transformation is something that should be happening across the organisation, not just the consumer facing fronts. However, when scanning the news, one might be tempted to think that much of the industry’s digitisation focus is limited to the latter.

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State of Open Banking in ASEAN

Behind the futuristic glass walls of the Marina Sand Bay convention center, Money2020 celebrated its first Asian edition in Singapore. The acclaimed fintech conference series welcomed over 4000 participants who gathered to hear news about the latest fintech innovation in

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