Digital Banking
GXBank, Grab to Create 400 Jobs with New Center, Part of RM1.5 Billion Investment
GXBank, Malaysia’s first digital bank, has announced plans to establish a Regional Center of Excellence (COE) for Shared Services in Malaysia by the end of 2024. The COE aims to serve Grab-led digital banks, and financial and operational services in
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AEON Bank Gears Up for Q2 Launch of Malaysia’s First Islamic Digibank
AEON Bank is poised to launch its Islamic digital banking operations by the end of the second quarter, targeting tech-savvy Generation Z consumers and underserved micro, small, and medium enterprises (MSMEs), according to CEO Raja Teh Maimunah. As one of
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RHB and Boost Holdings Collectively Invest RM9.5 Million in Digital Bank
RHB Bank has announced an investment of RM3.8 million to purchase 3.8 million new shares in Boost Bank, in order to maintain its 40% stake in the digital bank. This transaction was funded by the incumbent bank’s internally generated funds.
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GXBank Offers Limited-Time 5% Interest on Savings Pockets for Hari Raya
Malaysia’s first digital bank, GXBank, has introduced a new incentive for its Savings Pockets customers, offering a 5% per annum daily interest rate from 10 April to 9 May as part of its Raya campaign. This temporary promotion aims to
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GXBank Now Offers DuitNow QR Payments
Malaysia’s first digital bank, GXBank, has broadened its offerings by introducing QR code payments. Customers can now use DuitNow QR codes for a variety of transactions, including money transfers between friends and family by scanning QR codes. Additionally, GXBank enables
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Rize Offers In-App Personal Loans up to RM250,000
Al Rajhi Bank Malaysia’s digital banking arm, Rize, has introduced a Personal Financing-i campaign accessible through an in-app application without requiring collateral, a guarantor, or branch visits. Rize is offering personal financing options with a fixed profit rate starting at
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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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GXBank CEO Pei Si Lai Champions Financial Literacy and Women’s Empowerment
As we honour Women’s Day, it is paramount to spotlight the transformative leadership of Pei Si Lai, CEO of GXBank, whose embodiment of inclusivity, empowerment, and forward-thinking is reshaping the contours of digital banking. In a realm where technology and
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Boost Bank CEO Fozia Amanulla Shapes Inclusive Digital Banking
As the world marks International Women’s Day, we spotlight the journey of Fozia Amanulla, whose ascent to the helm of Boost Bank as CEO is a narrative of breaking barriers and forging new paths in the predominantly male-dominated banking sector.
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CEO Rafiza Ghazali’s Strategy for KAF-Led Islamic Digital Bank
As we commemorate International Women’s Day, our focus turns to Rafiza Ghazali, the CEO behind KAF Investment Bank’s Islamic digital banking venture. With a career that spans across technology, startups, and banking, Rafiza stands as a testament to how diverse
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