
Cloud
AWS Launches Infrastructure Region, Invests RM25.5 Billion in Malaysia
Amazon Web Services (AWS) plans to launch an AWS infrastructure Region in Malaysia and invest US$6 billion (approximately RM 25.5 billion) by 2037 as part of its commitment to the region. The new AWS Region will give developers, startups, entrepreneurs,
Read MoreFinastra Bets Big on APAC With New Center of Excellence at MRANTI Park
Financial services software and cloud solutions provider Finastra has established a new Center of Excellence (COE) at Malaysia’s MRANTI Technology Park. MRANTI Park, located at Bukit Jalil in Kuala Lumpur, is a hub for technology innovation, commercial adoption, and scientific
Read MoreSecurity Bank Philippines Taps Malaysia’s Consolsys to Automate Its Branches
Security Bank Philippines has partnered with Malaysian banking automation company Consolsys to revamp its branch experience. The partnership will enable Security Bank to transition its current branch banking management system to a cloud-based omni-channel platform. This includes the replacement of
Read MoreMigrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years
Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger banks and fintechs are leveraging modern technology stacks and agile operating models to innovate at speed and build modern, customer-centric
Read MoreGoogle Cloud to Set Up Infrastructure in Malaysia as Part of Massive Expansion Plan
Google Cloud announced that it plans to expand to Malaysia to meet growing demand for cloud services in Asia Pacific. Other regions that Google Cloud is eyeing includes Thailand, New Zealand, Berlin, Dammam, Doha, Mexico, Tel Aviv, and Turin. When
Read MoreBank Islam Selects Cloud Provider AWS to Power Its “Be U” Digital Bank
Bank Islam has selected Amazon Web Services (AWS), an Amazon.com company, as its preferred cloud provider to power its Be U digital bank. The bank is building Be U through its Centre of Digital Experience (CDX), an independent division which
Read MoreRHB Enhances Its API-Driven Digital Platform With More Offerings for SMEs
RHB Banking Group has further enhanced its RHB REFLEX Premium Plus digital platform driven by an Application Programming Interface (API) integration with selected partners, to provide accounting and human resource (HR) solutions for its SME customers. RHB Reflex Premium Plus
Read MoreBanks Need to Avoid Risks of a Big Bang Transition When They Digitise
The latest research by the International Data Corporation (IDC) and Thought Machine, a cloud native core banking technology firm, revealed that 40% of banks in the Asia Pacific will make significant changes to their current core banking systems in the
Read MoreJurisTech Partners Mambu to Create a Holistic Credit Management Platform
Malaysian fintech JurisTech announced a partnership with Mambu, a cloud-native core banking platform, with aims to create a seamless customer and user journey in the credit and financing application lifecycle. The connectivity between Mambu and JurisTech’s products allows the latter
Read MoreTune Protect Becomes The First Insurer to Move Its Core to the Cloud
Tune Protect Malaysia is now the first insurer in the country to have received approval from Bank Negara Malaysia (BNM) to host its insurance core system on Telekom Malaysia’s (TM) Cloud α Edge. This was made possible via a collaboration
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