Search Results for "bank indonesia"
TOPPAN IDGATE Offers Highly Secure Authentication for Digital Banking
Digital technology is increasingly transforming financial services. In the era of mobile devices, digital services through mobile apps have become part of our daily lives. The question now is whether one can trust the system to manage their assets and
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QR Payment Linkage Between Indonesia and Malaysia Has Now Gone Live
Bank Negara Malaysia (BNM) and Bank Indonesia (BI) today announced that the cross-border QR payment linkage between both countries has officially gone live. This will enable more Indonesians and Malaysians to make instant retail payments in either country by scanning
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How WIDE Technologies Powers the Digital Banking Revolution in ASEAN
The ease of digital banking is no longer an exception; consumers expect it. Additionally, they expect omnichannel and cross-border access to secure banking wherever they are, especially with the increasing fintech offerings available in the market. One of ASEAN’s most
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Indonesian Payments Unicorn Xendit Officially Expands to Malaysia
Indonesian fintech unicorn Xendit announced that it has officially made its entry into the Malaysian market to offer its payment solution for businesses. Former Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz had previously announced that Xendit would be relocating
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OCBC Malaysia Appoints Veteran Banker Tan Chor Sen as New CEO
OCBC Malaysia has appointed Tan Chor Sen as its CEO with effect from 1 January 2023 to succeed Dato’ Ong Eng Bin who will stay on as an adviser after his retirement. Tan has been with OCBC Bank in Singapore
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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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Effendy Shahul Hamid Succeeds Samir Gupta as CIMB’s Consumer & Digital Banking CEO
CIMB Group has appointed Effendy Shahul Hamid as CEO of Group Consumer and Digital Banking which takes effect on 1 January 2023 onwards, succeeding Samir Gupta who is retiring after 12 years of service with the group. The appointment will
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How Tech Innovation Simplifies Payments and Reduce Risks for Fintechs, Digital Banks
In 2021, over 7.2 billion transactions were made with e-payment channels in Malaysia, a 30% year-on-year increase. This makes it the largest growth spurt since 2006, according to Malaysia Digital Economy Corporation (MDEC). The effects of pandemic-accelerated digitalisation appear to
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BNM Approves UOB’s Acquisition of Citi’s Consumer Banking Business in Malaysia
UOB Malaysia and Citi Malaysia have received regulatory approval from Bank Negara Malaysia (BNM) for UOB’s acquisition of Citi’s consumer banking business in the country. Following the approval, both sides will apply for a vesting order from the High Court
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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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