Digital Transformation

Bank Muamalat to Launch Digital Islamic Super App Powered by Backbase

Bank Muamalat Malaysia has announced a strategic partnership with digital banking software provider Backbase to advance its digital Islamic banking services. The bank aims to innovate and streamline its banking services by leveraging the Backbase Engagement Banking Platform. This platform

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How Core Modernisation Is Paving the Way for Invisible Banking

In an era dominated by digital innovation, the banking sector is evolving rapidly to meet the modern consumer’s demands for seamless and integrated financial services. This movement towards “invisible banking” marks a departure from traditional banking practices, offering a glimpse

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InterSystems, Imagelink to Upgrade Document Management Systems in Malaysia

InterSystems, a data management solutions provider, has announced a partnership with Imagelink Software, a provider of enterprise content management solutions. This collaboration aims to boost digital transformation efforts across Malaysian government bodies and the business sector by introducing a state-of-the-art

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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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