Digital Transformation
Ant International Partnership to Boost Digital Growth for Capital A’s Businesses
Ant International has teamed up with Capital A, the parent company of AirAsia, to initiate a strategic partnership aimed at revamping digital payments, financial technologies, and promoting sustainability. This collaboration will see the integration of local payment methods and the
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Redefining Resilience for Banks in the Digital Era With the Four Zeros
The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. This transformation is not without its challenges, as banks grapple with the critical task of
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Bank Rakyat Launches New Sandbox to Drive Fintech Partnerships
Bank Rakyat has launched its sandbox platform to drive innovation in the finance sector by facilitating stronger partnerships with fintech companies. This platform aims to accelerate the development and testing of digital financial products and services, offering a faster route
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“Big Bang” Bank Upgrades Spell Trouble, Mambu Makes Case for Incremental Change
Core banking systems serve as the backbone of financial operations and customer interactions for banks worldwide. They facilitate critical transactions like loan management, withdrawals, and deposits in real-time. However, maintaining such a system comes at a hefty cost. Financial institutions
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Google Cloud, Mambu, Backbase to Power Bank Muamalat’s Islamic Banking Overhaul
Bank Muamalat Malaysia has embarked on a multi-year partnership with Google Cloud, aiming to revamp its approach to digital Islamic banking in Malaysia. This collaboration is set to harness Google Cloud’s technology in infrastructure, data analytics, security, and generative AI
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CIMB Launches ‘SMEBizReady’ to Support Digitalisation, Sustainability in SMEs
CIMB Bank and CIMB Islamic Bank returned with the third edition of CIMB Bazar Siberturahim to support small and medium-sized enterprises (SMEs) with business solutions and knowledge sharing for long-term growth. The event featured the launch of CIMB SMEBizReady, a
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Maybank Islamic, TM Bridge Digital Divide for MSMEs With 5G Mobile Banking Bundle
Maybank Islamic in collaboration with Telekom Malaysia (TM) has launched the “Go Niaga” mobile business banking bundle for MSMEs, according to The Edge. The Go Niaga bundle is a fusion of Maybank Islamic’s robust financial solutions and TM’s advanced Uni5G
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Is Malaysia’s National Digital ID the Key To Shaping a Digitised Society
In an era dominated by digitalisation, where technology weaves its way into the very fabric of society, the imperative for robust digital identity verification has become increasingly pronounced. In response to this increasing need, Malaysia has initiated the National Digital
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An Ecosystem Approach to Banking the Underbanked
Reaching Indonesia’s unbanked and underbanked population has been a long-standing challenge for banks. Hindered by numerous factors, including sociocultural diversity, low levels of financial literacy, and Indonesia’s archipelagic geography, the expansion of traditional banking channels has been cost-prohibitive. The result
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Are Digital Banks the Catalyst in Making Embedded Finance the New Norm in Asian Finance?
In a dynamic and ever-changing financial landscape, the concept of embedded finance has emerged as a powerful force shaping the future of financial services. During a recent fireside chat, a panel of experts delved deep into the intricacies of embedded
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