Tag "digital bank"

GXBank Officially Rolls Out Beta Digital Banking App in Malaysia

GXBank Berhad, the first of Malaysia’s five digital banking licensees to officially commence operations on 1 September, is now the first to officially launch its beta app to the Malaysian public. As of 14 November 2023, this inaugural application will

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Women Leaders Spearhead Digital Banking Revolution in Malaysia

The digital banking industry in Malaysia has undergone rapid evolution in recent years, revolutionizing the country’s financial sector by providing customers with fast, secure, and convenient banking services.  Technological advancements and changing customer preferences have driven the growth of Malaysia’s digital

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Bank Negara Malaysia Lays Out Its Vision for Digital Banks As Deadline Looms

On 31st December 2020, Bank Negara Malaysia (BNM) unveiled its digital banking guidelines which almost immediately garnered interest from 40 parties. In this new guideline, the central bank will be issuing up to 5 digital bank licenses in 2022, with

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CIMB’s Trump Card for the Philippines is a Neo-Bank Inspired Strategy

CIMB just announced its formal expansion into the Philippines, and seemingly taking advantage of the blank slate there to launch an all-digital and mobile-first bank. The strategy to go fully digital seems to be favoured by banks that are entering

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