Digital Transformation
Kenanga Bets Big on Its Super App and Embedded Wealth for Their Next Phase of Growth
These days everyone wants to be a super app from bigtechs to banks and even an airline company like Air Asia. It’s easy to see why, the allure of being able to deliver a plethora of services through a single
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CIMB Debuts Brand New Mobile App CIMB OCTO
CIMB Group today introduced the early release of CIMB OCTO App, its next generation mobile banking app designed to deliver new features and personalisation for over 8 million customers nationwide. CIMB OCTO will be rolled out in phases and enhanced
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KPMG Partners With FAOM to Catalyse the Growth of the Malaysian Fintech Sector
KPMG in Malaysia and Fintech Association of Malaysia (FAOM) signed a Memorandum of Understanding (MoU) with the aim to catalyse the growth of Malaysia’s fintech sector and the digital players in the space. Through this collaboration, KPMG and FAOM will
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Bank Islam Selects Cloud Provider AWS to Power Its “Be U” Digital Bank
Bank Islam has selected Amazon Web Services (AWS), an Amazon.com company, as its preferred cloud provider to power its Be U digital bank. The bank is building Be U through its Centre of Digital Experience (CDX), an independent division which
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Digital Transformation: Ditching the “Build vs. Buy” Mentality for a Hybrid Approach
Banks embarking on a digital transformation journey face the tough dilemma of having to choose between building platform components in-house or buying them. But instead of these two historically binary options, there is a third alternative that combines the best
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BaaS Needs to Double Down on Cross-Industry Partnerships to Fuel Growth
Banking as a Service (BaaS) is seen as one of the biggest opportunities in financial services and is experiencing rapid growth in APAC. Indeed, almost 9 out of 10 APAC executives surveyed by Finastra said they had already implemented BaaS
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RHB Enhances Its API-Driven Digital Platform With More Offerings for SMEs
RHB Banking Group has further enhanced its RHB REFLEX Premium Plus digital platform driven by an Application Programming Interface (API) integration with selected partners, to provide accounting and human resource (HR) solutions for its SME customers. RHB Reflex Premium Plus
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UOB Finlab’s Jom Transform Accelerator to Focus On Women-Led SMEs This Year
UOB Malaysia and The FinLab announced the launch of the fourth edition of its innovation accelerator Jom Transform Programme (JTP) which will be conducted virtually on The FinLab Online. The FinLab Online is a regional digital platform launched on 17
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SME Lending in APAC Is the Major Opportunity for Banking-as-a-Service
Opportunities are endless with Banking-as-a-Service (BaaS), and nowhere is this more true than in Asia Pacific (APAC). Banks in the region, particularly in hubs like Singapore and Hong Kong, have embraced and become leaders in open banking, automated services, ever-improving
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8 Financial Processes Poised for Digital Transformation
COVID-19 accelerated trends toward remote banking and digitalisation, forcing financial institutions to embrace new technologies and processes to keep their businesses functional despite social distancing restrictions. Now, with more and more people relying on digital solutions for interactions and transactions,
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