Bank Negara Malaysia
Newly launched Financial Sector Blueprint makes no mention of fintech With no talent pipeline digital banks will drive demand & salaries higher
Pei Si Lai, a financial industry veteran, to lead digital bank Over 200 roles to be filled - product & design, data, technology, risk
Underscores commitment to future-proof key payment infrastructures About 1 billion real-time payments estimated to be made in Malaysia in 2021
Firm has not experienced any data breach since inception in 1990 Data security procedures, systems are benchmarked against global standards
FT Focus report shows APAC banks lag in digital transformation, two in three expect to lose market share
Banks must reposition themselves, embrace tech to avoid extinction 3 in 5 believe they will cease to exist unless they change business models
Both parties have signed a MoU to expand and deepen collaborations between both parties, including making a joint bid for the digital banking license under Bank Negara Malaysia.
Digital banking consortium focused on the six million co-operative members To target 100 million co-operative members in Asean in next phase
Aims to disrupt US$19 bil money changing market Merchantrade Money wallet set to triple growth trajectory, currently at US$167mil
First flagship fintech event be held from June 17 to 21, 2019 in Sasana Kijang, Kuala Lumpur.
There is ‘robust innovation’ coming out of new fintech players, and the more established incumbents.