KUALA LUMPUR: About 64 per cent of Malaysian retail banking decision-makers said their respective companies are increasing spending on digital and engagement financial wellness initiatives -- the highest figure in the Asia Pacific (APAC) region, more than Singapore, Japan and Australia.
According to a study commissioned by Backbase, a leading engagement banking platform, the revelation came from the submission of applications for a digital banking license from Bank Negara Malaysia.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
