Digital banks key to CTOS Digital’s future revenue


However, it really depends on the digital banks if they want to use CTOS or prefer leveraging on their own proprietary data analytics to create their own credit assessment for their portfolio of customers.

PETALING JAYA: CTOS Digital Bhd’s future revenue upside could come from the five digital banks if they decide to use its comprehensive data solutions.

The amount may match the total revenue it gets for providing services currently to its five largest customers of about RM20mil per annum. This will be about 10%-12% of the financial years (FY) 2022-2024 revenue.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Digital banks , CTOS , digital , future , revenue ,

Next In Business News

US stock futures rise on Iran deal optimism; oil tumbles
Mohd Rizal Zubair steps down as Country Heights CEO to pursue personal interests
Business ops remain uninterrupted, says Tanco
Ringgit closes higher against greenback on news of US-Iran peace deal
Singapore labour market expands in 1Q, employment rises by 9,400
Mieco Chipboard to be renamed Mieco from June 18
Bursa Malaysia ends higher, tracking Asian peers on improved global sentiment
Bursa Malaysia freezes Paragon Union's lower limit price at RM2.29
Vantris Energy returns to profit in 1QFY27, records RM145.79mil net profit
Mycron steel unit to acquire Shah Alam industrial land for RM30mil

Others Also Read