Maybank launches fintech sandbox

Promising sector: Abdul Farid describes the fintech industry in Asean as being ‘full of potential and talent’.

PETALING JAYA: Malayan Banking Bhd (Maybank) has launched a regional collaborative financial technology (fintech) sandbox, in tandem with its aim to spur opportunities for start-ups and innovators to develop and test new ideas.

The Maybank sandbox will provide essential components for free and catalyse further development of fintech in the region, Maybank said.