Search Results for "bank indonesia"
Islamic Bank Australia Upholding Faith in the Digital Era
As inclusivity shapes global finance, Islamic banking gains momentum, providing an alternative to traditional models in line with Shariah principles. Australia, known for its multicultural and economic prowess, is set to welcome its inaugural Islamic bank, marking a significant step
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Standard Chartered Saadiq CEO Says Islamic Banks Must “Catch Up Fast” on Digitisation
A swift digital transformation is unfolding across the world’s financial sectors, and Malaysia’s Islamic banking sphere is very much part of this change. Offering insight into this evolution is Mohd Suhaimi Abdul Hamid, CEO of Standard Chartered Saadiq Malaysia, who
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TOPPAN IDGATE Boosts Trust With Digital Identity Solutions for Banks
Effective digital identity solutions for banks are essential to prevent fraud and spoofing. This becomes intertwined with Anti-Money Laundering (AML) and behavior analysis in recent times. As we navigate this evolving landscape, staying up to date with trends becomes important. The
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An Ecosystem Approach to Banking the Underbanked
Reaching Indonesia’s unbanked and underbanked population has been a long-standing challenge for banks. Hindered by numerous factors, including sociocultural diversity, low levels of financial literacy, and Indonesia’s archipelagic geography, the expansion of traditional banking channels has been cost-prohibitive. The result
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How Standard Chartered is Redefining Banking in the Digital Age with BaaS
In a keynote address at the Fintech Frontiers Conference, Sammeer, the Managing Director & Head of Consumer, Private and Business Banking at Standard Chartered Malaysia, shed light on the pivotal role of Banking-as-a-Service (BaaS) in the bank’s strategy. The innovative
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Are Digital Banks the Catalyst in Making Embedded Finance the New Norm in Asian Finance?
In a dynamic and ever-changing financial landscape, the concept of embedded finance has emerged as a powerful force shaping the future of financial services. During a recent fireside chat, a panel of experts delved deep into the intricacies of embedded
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Beyond Transformation: Stepping Up Digital Differentiation in Banking
Banking leaders agree: banks that want to succeed into the 21st century are already undergoing rapid digital transformation. Digitalisation is a must to overcome the inefficiencies of outmoded legacy infrastructure, to keep up with the surging customer demand for new
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Grab’s GXBank First Digibank to Receive BNM Approval to Kick Off Operations
GX Bank Berhad (GXBank), the Grab-led digital bank, has been granted approval to begin operations effective 1 September 2023 by the Minister of Finance and Bank Negara Malaysia (BNM). This makes GXBank the first of the five digital bank license
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Capital A, UnionDigital Bank Offer Fly Now, Pay Later for AirAsia Flights
Capital A has inked a partnership with Philippines’ UnionDigital Bank that includes its three subsidiaries; AirAsia, airasia Superapp, and its fintech arm BigPay. UnionDigital Bank will be providing embedded finance in partnership with BigPay within the airasia Superapp, the main
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How Does Malaysia’s Islamic Finance Space Compare to Indonesia?
The global financial landscape has witnessed a paradigm shift over the past few decades, with Islamic finance emerging as a key player in the industry. The Islamic banking system parallels conventional banking, functioning as an intermediary institution that aggregates surplus
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