Digital Transformation
Security Bank Philippines Taps Malaysia’s Consolsys to Automate Its Branches
Security Bank Philippines has partnered with Malaysian banking automation company Consolsys to revamp its branch experience. The partnership will enable Security Bank to transition its current branch banking management system to a cloud-based omni-channel platform. This includes the replacement of
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CIMB Taps MESINKIRA to Bolster Malaysian MSMEs’ Digitisation Efforts
CIMB Bank and CIMB Islamic Bank announced a partnership with software and system integration company ModulEight Technologies to support the growth of micro, small and medium enterprises (MSMEs). Through this partnership, MSMEs will be onboarded onto MESINKIRA, an integrated mobile
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Agile Banking Transformation: A New Era in Banking
The world of financial services is in a state of constant change, with many traditional banks across the Asia Pacific, and indeed the world, now actively pursuing digital transformation strategies. For many of these organisations, it has been the impact
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Traditional Banks Woo Malaysian SMEs With Digital Banking
The COVID pandemic has forever changed how businesses operate, from digitising operations, and remote working, to loan financings and banking digitally. While the impact of the pandemic has been felt across sectors of various sizes, Malaysian Small and Medium Enterprises
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Affin Bank Taps Aspire Systems to Bolster Its Digital Banking Journey
Affin Bank has partnered with global technology services firm Aspire Systems to lead its digital banking transformation journey. Through this partnership, Aspire Systems will help Affin to achieve digital maturity quickly and become a truly digital bank with its experience
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Migrating to a Cloud-Native Core Helps Banks Reduce Core Spend by 76% Over 5 Years
Across the globe, financial institutions are under increasing pressure to remain competitive in a rapidly changing financial services landscape. Challenger banks and fintechs are leveraging modern technology stacks and agile operating models to innovate at speed and build modern, customer-centric
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Balancing Digital and Physical Channels in the New Era of Banking and Insurance
The COVID-19 pandemic has led to a spike in demand for digital banking experiences, a shift which banks and financial services institutions around the world have responded promptly to by accelerating product roadmaps and enabling new digital experiences. But despite
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Reinventing How FIs Interact With Their Customers Using Digitalisation
Consumer digital adoption and expanding regulatory frameworks in APAC present significant prospects for digital banking. COVID-19 has enhanced this potential by boosting digital adoption and highlighting the paths to digital banking growth. Building and developing a digital bank successfully necessitates
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How Indonesia’s BNPL Giant Leverages Data Science to Drive Innovation
Data science and machine learning are some of the most complex yet important business concepts today. And many companies, irrespective of their niche, rely on them to deliver a better user experience to their customers. But what role do data
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Malaysian Takaful Association Partners With FAOM to Spur Fintech Adoption
The Malaysian Takaful Association (MTA) signed a Memorandum of Understanding (MOU) with the Fintech Association of Malaysia (FAOM) to spur the adoption of fintech among takaful players in Malaysia. MTA said that this strategic initiative supports the 3 third strategic
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