Cloud

Al Rajhi Malaysia Picks Thought Machine to Build its Islamic Digital Bank

Al Rajhi Bank Malaysia has selected Thought Machine, a cloud native core banking technology firm, to power their upcoming “next-generation digital bank”. The bank had embarked on a multi-year digital transformation in 2021 and will deploy Thought Machine’s core banking

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How Public Cloud is Accelerating the Success of Fintech in Malaysia

The digital economy is expected to contribute 22.6% to the country’s gross domestic product (GDP), according to the Malaysia Digital Economy Blueprint (MyDIGITAL). In preparing Malaysia to become a technology-based economy, developments in the Malaysian fintech space have been supported

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Building a Bank in 100 Days

COVID-19 has accelerated a trend which had already begun in many parts of APAC – the closure of branches. At the same time though, we are seeing an increasing number of new names in retail banking in the form of

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TM ONE and Sunline Inks Partnership to Drive Digital Transformation for Banks

Telekom Malaysia Berhad (TM) via its enterprise and public sector business solutions arm, TM ONE, today inked a Memorandum of Collaboration (MoC) with Sunline Technology (Malaysia) Sdn Bhd to enable the transformation of banks and financial institutions with cutting-edge cloud-based

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Alibaba Cloud’s New Report Urges Financial Institutions to Embrace Cloud Technologies

In Malaysia, a robust digital infrastructure and governmental support have enabled the growth of fintech startups and rising adoption of technology by financial institutions. With fintech becoming increasingly important in Malaysia’s financial sector, incumbents and fintechs alike are urged to

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ICBC (Macau) Picks Huawei All-Flash Storage to Support Online Banking Boom

Since the outbreak of COVID-19, contactless payments have soared and digital banking adoption has increased dramatically. In Q1 2020, MasterCard recorded more than 40% growth in contactless transactions globally. In the US, which has traditionally lagged other countries in digital

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