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

MARC Ratings affirms Amanat Lebuhraya Rakyat's AAAIS sukuk rating
Malaysia banks on policy certainty, economic resilience to attract investment
Malaysia on track to exceed 2026 GDP growth forecast
PETRONAS, Petrovietnam deepen energy ties with strategic alliance
Public Bank's Hong Kong subsidiary warns of up to HK$2bil loss for FY26
AirBorneo targets October launch of Kuching-Jakarta flights
Ringgit strengthens against US dollar following robust 3Q GDP estimate
Cape EMS proposes RM50mil preference share issue to Pro3C
Cosmos Technology secures RM3.93mil supply contract
RHB Bank seeks more time for Tokio Marine insurance deal talks

Others Also Read