Tag "RHB"

RHB and Boost Holdings Collectively Invest RM9.5 Million in Digital Bank

RHB Bank has announced an investment of RM3.8 million to purchase 3.8 million new shares in Boost Bank, in order to maintain its 40% stake in the digital bank. This transaction was funded by the incumbent bank’s internally generated funds.

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RHB Invests RM8.6 Million in Boost Bank, Maintains 40% Stake in Digibank

RHB Bank has further invested RM8.6 million in Boost Bank, subscribing for an additional 8.6 million shares to maintain its 40% stake in the digital banking venture. According to The Star, this follows Boost Holdings Sdn Bhd’s (BHSB) similar injection

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RHB-PayNet’s Sound Box Delivers Instant Audio and Display Alerts for QR Payments

RHB Bank, in partnership with Payments Network Malaysia (PayNet), has launched the DuitNow QR Plug & Play sound box in a bid to step up payment security. According to RHB, it is the first bank to introduce the device. This

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Axiata’s Boost and RHB Gearing for Digital Bank Launch by End-2023

Axiata Group is set to launch its digital bank by the end of this year with the goal to turn profitable in the next three to four years according to a Bernama report. Boost, the fintech arm of Axiata Group,

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RHB’s Hackathon Pulled In Over 400 Participants From 5 ASEAN Countries

RHB Banking Group’s recently concluded ‘Get Your Hack On’: ASEAN Edition 2023 Hackathon drew more than 400 technology-savvy innovators from five countries across the ASEAN region. The third third instalment of this hackathon brought together tech talents from universities, corporates

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RHB Expands Its Mobile ATM Services to Push Financial Inclusion in Sarawak

RHB Banking Group has launched the second phase of its mobile Automated Teller Machine (RHB Mobile ATM) service to drive greater financial accessibility amongst the underserved communities within the State of Sarawak. The bank said that the expansion of the

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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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RHB Expands Dr. Siew’s Role as Its Group Chief Strategy and Innovation Officer

RHB Banking Group announced that it has appointed Dr. Siew Chan Cheong as its Group Chief Strategy and Innovation Officer, an expansion to his previous role of Group Chief Strategy Officer. This is in line with RHB’s drive to boost

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RHB Ties up With MPay to Offer QR Payments for Businesses

RHB Banking Group has established an affiliate partnership with ManagePay Services (MPay) to provide contactless payments for businesses This partnership leverages on Application Programming Interface (API) to enable the bank’s micro, small and medium enterprises (MSMEs) and corporate customers to

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Boost and RHB Geared to Offer Greater Financial Inclusion With Digibank License

Boost, the fintech arm of Axiata Group and RHB Banking Group has secured the highly anticipated digital bank license issued by Bank Negara Malaysia (BNM). In June last year, the partnership between Boost and RHB to form a digital bank

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