Digital Transformation
Why an Overhaul in Cyber Security Mindset is Crucial for Banking
In an increasingly connected world the need for a robust cyber-security in the banking sector is more important today than it has ever been. While banks of the past defended themselves from malicious actors with better vaults, exploding dye packs
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5 Key Trends That Have Emerged in Malaysia’s Banking Scene in 2018
Renowned cosmologist Carl Sagan once said, “You have to know the past to understand the present.” A statement that rings true across all facets of life, as we approach the end of 2018, it’s worthwhile for us to look some
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OCBC’s Fintech Innovation Arm The Open Vault Now Opens in Malaysia
The Open Vault, the FinTech and Innovation unit of OCBC Bank has been officially unveiled in Malaysia. Back in its home ground, its Singaporean counterpart has been known to launch several initiatives such as their mortgage loan chatbot EMMA, a
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TM ONE Plays Host to UK Artificial Intelligence Trade Mission
Telekom Malaysia Berhad, through its business solutions arm, TM ONE, recently hosted an Artificial Intelligence Trade Mission from the UK at the TM ONE Experience Centre, in collaboration with the Department for International Trade (DIT) of British High Commissioner(BHC). 9
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Ambank’s New Fintech Playbook Involves a Chatbot and Robo-Advisors
Since the wave of fintech disruption arrived on the shores of Malaysia several years back, many 1st-tier banks have each responded with their own strategies. Ambank was the only tier-1 bank that has not clearly spelled out their game plan,
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Why BNM’s Open API Initiative Could Bring Malaysia’s Fintech into a New Era
Bank Negara Malaysia just released a proposed guideline for Open APIs in Malaysia, and is currently seeking feedback from the public. This follows Bank Negara Malaysia’s announcement earlier this year that it would be setting up an implementation group in the first
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Maybank Launched 3 New Features To Help its 10 Million Users Plan Their Budgets
Maybank announced the launch of their new digital financial planning tool on it’s online banking website, Maybank2u. The new tool is geared at helping their customers plan their savings, monitor their insurance and keep updated on their financial situation. Commenting
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TM ONE in Pursuit of Fintech Partnerships
TM ONE, the business solutions arm of Telekom Malaysia Berhad (TM) has announced their commitment in collaborating with the fintech sector in a closed-door session they hosted in collaboration with MDEC held recently at DOJO KL. This announcement follows the
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Hong Leong Seeks Fintech Startups For Its HLB LaunchPad Mentorship Programme
Last year, Hong Leong Bank Berhad launched its inaugural HLB LaunchPad with a vision of helping Malaysian fintech startups rethink the whole industry—similar to how ride-hailing reimagined the public transportation industry. To that end, Hong Leong is now opening up
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RHB Insurance Mobile App Enables Customers to Purchase Policy in 3 Minutes
RHB Insurance Berhad (“RHB Insurance”) launches “RHB Insurance Mobile App”, which enables its customers to purchase motor insurance policy and road tax with just a single end-to-end mobile enabled application. RHB Insurance Mobile App, allows users to complete the purchase
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