Malaysian banks embracing more technologies to build consumer trust By The Malaysian financial ecosystem is expected to see positive growth, especially among banks. While the pandemic initially slowed down growth in banking, it is now picking up fast as sectors like e-Commerce are booming, and fuelling economic activity. Today, more technologies are being implemented not just by banks but also by other financial players looking for a piece of the pie. The adoption of fintech in the Malaysian financial ecosystem is enabling organizations to unlock more potential, especially in regard to catering to growing consumer demands. One of the most sought-after sectors in the industry is digital banking. The nation’s central bank, Bank Negara Malaysia (BNM), recently closed applications for digital banking licenses. The response has been beyond impressive, with a