Tag "CIMB Group"
Malaysia’s Incumbent Banks Gears up for the Entry of New Digital Banks
In Malaysia, incumbents are gearing up for the entrance of the country’s first digital banks, accelerating digital transformation, planning standalone ventures, and partnering up with fintechs, top executives from CIMB Group, Bank Islam, RHB Banking Group, and Backbase said during
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Redefining Finance for Good: How the Pandemic Fast Tracked CIMB’s Digital Initiatives
COVID-19 has been an important catalyst for digital transformation across all industries. In banking, the pandemic has accelerated banks’ digitalisation push and triggered a sharp rise in digital payments and digital banking usage. This has pushed banks to not only
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CIMB partners with Philippines’ Leading Fintech Player FINTQ and Bayad
CIMB Bank Berhad, through its branch that is being set up in the Philippines, CIMB Bank Philippines Inc., recently entered into partnership agreements with FINTQ and Bayad Center Inc both affiliates of the Philippine Long Distance Telephone Company (“PLDT”) group
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Malaysian Banking Industry Pushes Fintech Development
Banks in Malaysia are pushing fintech development as they seek to harness innovation and technology to improve the financial services. The trend is largely led by the Malaysian central bank, Bank Negara Malaysia (BNM), which has been deploying efforts to
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