Tag "Huawei"

Redefining Resilience for Banks in the Digital Era With the Four Zeros

The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. This transformation is not without its challenges, as banks grapple with the critical task of

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PolicyStreet Appoints Former Carousell Head Tang Siew Wai as Chief Digital Officer

Insurtech platform PolicyStreet has appointed former Carousell Malaysia country head Tang Siew Wai as its new Chief Digital Officer to spearhead the company’s growth strategy. Prior to joining PolicyStreet, Siew Wai established Carousell’s local office in Malaysia and helped make

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Tune Protect Becomes The First Insurer to Move Its Core to the Cloud

Tune Protect Malaysia is now the first insurer in the country to have received approval from Bank Negara Malaysia (BNM) to host its insurance core system on Telekom Malaysia’s (TM) Cloud α Edge. This was made possible via a collaboration

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Digital Bank Aspirants Cautions Incumbents Not to Be Complacent

In week two of Fintech News Malaysia and Huawei’s Digital Banking Symposium, we continue the conversation by speaking to Malaysia’s digital banking aspirants. In our previous session Malaysian incumbent banks’ CEOs remarked that while digital banks will shake things up,

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Huawei Vows To Enable Digital Ecosystem-Based Finance in APAC

Huawei held its first virtual Asia-Pacific Intelligent Finance Summit 2021 with the theme “Accelerate Digital Transformation in Banking, New Value Together” on 29 July 2021. As economies across the Asia-Pacific region continue to recover and rebound, leading banks and financial

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Intelligently Manage Money with Mobility

Technology has been changing behaviour of people. Many are showing significance reliance on the Internet – mobile network in particular – more than ever. At the same time, technological innovations are led by such behavioural changes. Indeed, successful innovations need

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Changing the World With Bank of Things

Digital transformation is now everywhere, as every industry is actively adopting advanced information and communications technology (ICT) while changing business practices. The digital economy is extending its presence with speed, ease of access, as well as the power penetration that

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Huawei and IDC’s Banking Resilience Index Uncovers How FIs Responded to COVID-19

A new whitepaper by Huawei and the International Data Corporation (IDC) looks at how banks around the world have responded to the COVID-19 pandemic and identifies the way forward in the new normal. In a report titled Banking Industry Rises

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Financial Institutions Turn to Huawei’s Converged Data Lake Solution to Accelerate Banking Innovation

Like many other areas of the economy, the financial services sector is undergoing a data revolution. Every day, the global banking industry generates massive amounts of data by processing hundreds of billions of financial transactions as well as through interactions

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Global Ecosystem for Digital Transformation in the Financial Sector

COVID-19 has speeded up digital transformation by several years. According to a new McKinsey Global Survey of executives, companies across regions and industries have accelerated the digitalization of their customer and supply chain interactions, as well as of their internal

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