Banking sector set for overhaul

Food delivery: A file picture showing two Grab Food riders outside a nasi kandar restaurant in George Town. From purely offering ride hailing services, Grab now also delivers food.

The mobile phone has changed everything – from the way a person commutes to what food they consume or even how they place bets with their bookies.

In the next few years, it is likely to change the way loans are disbursed to the small guy.