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KUALA LUMPUR: Sukuk Prihatin, a government initiative under the National Economic Recovery Plan (Penjana), has been oversubscribed, registering a total subscription of more than RM666mil.
KUALA LUMPUR: Sukuk Prihatin, a government initiative under the National Economic Recovery Plan (PENJANA), has been oversubscribed, registering a total subscription of more than RM666 million.
KUALA LUMPUR: Malayan Banking Bhd unveiled its Maybank SME Digital Financing solution where it takes only 10 minutes to approve loans for small and medium sized enterprise (SME) segment.
KUALA LUMPUR: Bank Rakyat will implement a digital transformation process to a new Core Banking system (Core Banking, CoBRa) to upgrade and elevate the quality of its banking operations.
KUALA LUMPUR: The Covid-19 crisis has affected the roll-out of digital banking in the Asia-Pacific but the delay gives banks more time to refine their strategies and ramp up their operations, said Deloitte.
ZURICH: Credit Suisse will launch a digital banking app in October challenging fintechs like Revolut in the Swiss bank’s home market by offering free foreign transactions and fully digital wealth management, the bank said on Thursday.
ByteDance, the owner of popular short-video app TikTok, said it has acquired a Chinese third-party payment service UIPay in a bid to leverage its domestic payment capability.
Credit Suisse, Switzerland’s second-biggest bank, said on Aug 25 it would reorientate its domestic services towards digital banking, with a quarter of its Swiss branches to close and hundreds of jobs at risk.
HANOI (Vietnam News/ANN): The trend of integrating modern technologies in the banking industry has been indispensable to meet customers’ requirements for convenience in the Fourth Industrial Revolution era, especially in the context of the resurgence of the Covid-19 pandemic.