Tag "Maybank"

Maybank to Fully Shift From SMS OTPs to Secure2u by June 2023

Maybank announced that it will fully migrate to a more secure authentication method via Secure2u by June 2023. This applies to online activities or transactions relating to account opening, fund transfers and payments as well as changes to personal information

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Maybank Designs Sustainable Product Framework for Group-Wide Implementation

Maybank has designed its own Sustainable Product Framework (SPF) to enable greater development of green, social and sustainable products. The framework will be implemented group-wide across Islamic and conventional products effective 1 September 2022. In keeping with best practices adopted

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Maybank Appoints Dr Siew Chan Cheong as New Group Chief Strategy Officer

Maybank announced that it has appointed Dr Siew Chan Cheong as its Group Chief Strategy Officer, effective 15 August 2022. Dr Siew will assist and report to the Group President and CEO of Maybank, and work closely with the Board

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Maybank Offers Digital Personal Loans With Disbursements in 10 Seconds

Maybank has launched its new Maybank Personal Digital Financing which provides instantaneous approval and subsequently disbursement within 10 seconds. Leveraging the bank’s comprehensive credit risk metrics and modelling capabilities, the new solution has a decisioning engine that can perform pre-qualification checks

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Maybank Launches Digital Home Financing Solution Within Its MAE App

Maybank announced that it has launched its digital home financing solution “Maybank Home2u” on its MAE app that is capable of providing approvals within 10 seconds and is available to both existing and new customers. Backed by Maybank’s proprietary automated decisioning

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Maybank Rolls Out New Business Banking App for SMEs

Maybank has launched Maybank2u Biz, a mobile-first application for small and medium sized enterprises (SMEs) to help ease their business operations. The app was developed to cater to the needs of busy business owners, who are always on the go

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Maybank Offers Real-Time Transfers to Cambodia using Central Bank Backed Digital Currency

The National Bank of Cambodia (NBC) and Maybank have jointly launched the Maybank-Bakong Cross Border Funds Transfer, a real-time funds transfer service between Malaysia and Cambodia through the NBC’s Bakong e-wallet and Maybank’s MAE app. Bakong is a retail central

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Maybank’s New SME Digital Financing Solution Approved RM 1 Billion Loans in 6 Months

Six months into its launch, Maybank SME Digital Financing has approved RM1 billion of financing, serving more than 8,200 Small and Medium sized Enterprise (SME), of which 85% or 6,950 are start-ups & microenterprises. In addition, they said all applications

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Bursa Malaysia and Hashstacs Complete Pilot for Blockchain Bond Platform

Blockchain development company Hashstacs (STACS), announced that it has completed the blockchain proof-of-concept (POC) with Malaysia’s national stock exchange, Bursa Malaysia, to facilitate the growth of the bond marketplace at the Labuan Financial Exchange (LFX). The POC was executed and

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Maybank’s Add News Key Features to Its Refreshed MAE App

Maybank today launched mobile banking and e-wallet app called MAE by Maybank2u, an app they said is built to help Malaysians take charge of their everyday money matters, beyond their regular banking needs. Maybank’s Group President and Chief Executive Officer,

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