Cloud

Bank 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

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RHB 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

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Banks 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

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JurisTech 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

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Tune 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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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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