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Malaysian banks embracing more technologies to build consumer trust


Malaysian banks embracing more technologies to build consumer trust
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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  ....

Aaron Raj , Devan Parinpanayagam , Bank Negara Malaysia , Risk Management In Technology Rmi , Visa Consumer Payment Attitudes , Digital Frontiers , Southeast Asian , Risk Management , Country Manager , ஆரோன் ராஜ் , வங்கி நெகாரா மலேசியா , ஆபத்து மேலாண்மை இல் தொழில்நுட்பம் ர்மீ , விசா நுகர்வோர் கட்டணம் அணுகுமுறைகளை , டிஜிட்டல் எல்லைகள் , தென்கிழக்கு ஆசிய , ஆபத்து மேலாண்மை , நாடு மேலாளர் ,

Majority of consumers eager for digital banking in Malaysia


Majority of consumers are eager to use digital banking in Malaysia
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The nation has seen a significant acceleration in digital adoption due to the pandemic in the past 18 months
In a recent study by Visa, it was highlighted that over 74% of Malaysians are aware and 66% are interested in using digital banking services.
Visa reckon it to be a good sign for the recent digital banking applicants in the country.
Banking in Malaysia isn’t often fun, but Malaysians can look forward to more financial options when digital banks start operating.
The nation’s central bank, Bank Negara Malaysia (BNM), recently closed applications for digital banking licenses. The response has been beyond impressive, with a large number of contenders vying for the five precious licenses on offer.  ....

Bank Negara Malaysia , Visa Consumer Payment Attitudes , Visa Malaysia , Southeast Asia , Southeast Asian , வங்கி நெகாரா மலேசியா , விசா நுகர்வோர் கட்டணம் அணுகுமுறைகளை , விசா மலேசியா , தென்கிழக்கு ஆசியா , தென்கிழக்கு ஆசிய ,