Bank Islam plans to grow mobile banking space


Bank Islam Malaysia Bhd CEO Khairul Kamarudin (right) and Cognizant Malaysia business leader Effendi Azmi Hashim (left) after the signing ceremony of the strategic partnership agreement on behalf of their companies. - Ong Soon Hin/The Star (filepic)

KUALA LUMPUR: Bank Islam Malaysia Bhd aims to grow its mobile banking customer base from the current 900,000 users to two million by 2019.

This is following the bank’s strategic collaboration with US-based global business and technology consulting firm Cognizant to develop financial technology (fintech) products within Bank Islam’s network.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall St set for lower open as some big bank earnings disappoint
Citi profit drops as costs rise for employee severance, deposit insurance
Asia spot LNG at 3-month peak on steady demand, supply disruption
Global spotlight on Malaysia as it emerges as semiconductor powerhouse
Ringgit ends easier versus US dollar on higher-than-expected US inflation data
Nextgreen IOI Pulp inks MoU with Xiamen C&D for pulp production facility
Mosti to launch Single Window Initiative to strengthen Malaysia's startup ecosystem
China strengthens company delisting rules to improve markets
Gamuda Land collaborates with Kiddypedia for Discovery Centres at Gamuda Gardens, twentyfive7
FBM KLCI ends lower in line with regional peers

Others Also Read