Digital Transformation

Alliance Bank Malaysia Lays Out Growth Plan for the Next 4 Years

Alliance Bank Malaysia has announced its new strategic plan Acceler8 that will be the blueprint for the bank’s growth for the next four years until 2027. The Acceler8 plan includes the expansion efforts into new market segments and business verticals

Read More

The Story of Sugar: Why a Company Pivoted from Buy Now Pay Later to Save Now Buy Later

Buy now pay later, or BNPL, solutions have recently gained traction. These solutions allow customers to purchase items and pay for them later, either in installments or full. A Juniper Research report predicts that BNPL users will surpass 900 million

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More

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

Read More