Hong Leong Bank launches HLB Salary Advance Employer Solution

Hong Leong Bank managing director of personal finance services Andrew Jong (left) and Paywatch founder and CEO Richard Kim (right).

KUALA LUMPUR: Hong Leong Bank Bhd (HLB) has partnered with Paywatch Malaysia Sdn Bhd to launch HLB Salary Advance Employer Solution, making it the first bank in Southeast Asia to back an earned wage access (EWA) solution.

In a statement, the bank said the solution aimed to empower Malaysians by providing them with easy access to their earned salaries, and is set to transform the way businesses offer and manage their advanced salary payouts.