Digital Transformation

Intelligently Manage Money with Mobility

Technology has been changing behaviour of people. Many are showing significance reliance on the Internet – mobile network in particular – more than ever. At the same time, technological innovations are led by such behavioural changes. Indeed, successful innovations need

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Agile Infrastructure Construction Leads to Successful Digital Transformation

Digital transformation is inevitable for all sectors. Enterprises and organisations have to be visionary on such changes and be ready to cope with the unexpected. The transformation is not new, as systems are continuously upgraded with more advanced technology to

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Changing the World With Bank of Things

Digital transformation is now everywhere, as every industry is actively adopting advanced information and communications technology (ICT) while changing business practices. The digital economy is extending its presence with speed, ease of access, as well as the power penetration that

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OCBC Introduces its Mobile-First Banking Solution FRANK to Malaysia

OCBC Malaysia announced the launch of its digital banking solution FRANK by OCBC in Malaysia. This solution was first introduced in Singapore circa 2010. In Malaysia, OCBC says that it seeks to provide the mobile generation with a “fresh new

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UOB Finlab’s Jom Transform Goes Digital This Year

UOB Malaysia’s innovation accelerator The FinLab has launched a regional digital platform to where local SMEs and start-ups can start their digital transformation journey. The FinLab Online digital platform will incorporate the Jom Transform Programme, a business transformation programme in

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Bank Negara Malaysia Unveils New eKYC Guidelines Ahead of Its Virtual Banking Framework

Bank Negara Malaysia issued its policy document on Electronic Know-Your-Customer (e-KYC) on Tuesday, which follows their earlier exposure draft in December 2019. This new policy is in effect immediately for all financial institutions including banks, insurers, remmitance companies, money changers

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Gig Economy Challenge: How Can We Solve Pressing Issues Faced By Gig Workers?

The importance of the gig economy has always seen a steady growth trajectory, but nothing has made its importance clearer to everyone than the COVID-19 pandemic — from delivering essential services to providing side income for those affected. Which is

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Bank Islam’s Subsidiary Launches “Robo-Intelligent” Investment App

BIMB Investment Management Berhad (“BIMB Investment”), a wholly-owned subsidiary of Bank Islam Malaysia Berhad, today announced the launch of BEST Invest online investment mobile application (BEST Invest app), what they described as its “first Robo-Intelligence Sustainable Shariah-ESG investing online platform.”

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What Malaysia Can Learn from China in Battling COVID-19 Using Digital Technologies

The novel coronavirus, now known as Covid-19, was first discovered in the city of Wuhan, China, in December 2019. In the short span of three months, it has spread like wildfire. Concerned by the alarming levels of spread and severity,

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Why TM ONE is Going Big on Blockchain to Eliminate Passwords

Early this year, the business solutions arm of Telekom Malaysia Berhad (TM), TM ONE announced a collaboration with Korean-based blockchain firm, FNS Value Co. Limited (FSNV). The agreement between the two parties will position TM ONE as the sole distributor

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