Digital Banks To Complement, Not Compete With Traditional Banks - KAF Digital Bank CEO

PETALING JAYA, Oct 1 (Bernama) -- Digital banks’ main purpose is to provide more options for consumers, not to compete with traditional banks, said KAF Digital Bank Bhd chief executive officer Rafiza Ghazali.

Labuan IBFC Makes Global Financial Index Debut, Drives Islamic Digital Innovation

LABUAN, Sept 29 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) achieved a milestone with its maiden inclusion in the Global Financial Centre Index (GFCI), cementing its reputation as a growing international financial hub.

GXBank Launches Jaguh Niaga To Boost 10,000 MSMEs

KUALA LUMPUR, Sept 18 (Bernama) -- GX Bank Bhd aims to empower 10,000 micro, small and medium enterprises (MSMEs) through its Jaguh Niaga initiative.

CIFTIS 2025: Bank Of China To Unveil "Mifang Card" For Tourists, AI Finance Tool

KUALA LUMPUR, Sept 3 (Bernama) -- At the upcoming China International Fair for Trade in Services (CIFTIS), scheduled for Sept 10 to 14 at Shougang Park, Bank of China will debut its "Mifang Card", a financial product designed to ease transactions for foreign tourists in China.

Cloudera Powers Bank Negara Indonesia’s Enterprise-wide AI Expansion With Secure, Scalable Platform

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, announced it has strengthened its partnership with Bank Negara Indonesia (BNI) to scale AI innovation across the enterprise.

BNM Advances Key Initiatives To Boost Digitalisation -- Governor

KUALA LUMPUR, Aug 5 (Bernama) -- Bank Negara Malaysia (BNM) is advancing several key initiatives to boost digitalisation in the country, as a future-ready system needs more than new technology and business models. 

Bank Muamalat And Takaful Malaysia Introduce Malaysia’s First Cyber Takaful Protection

KUALA LUMPUR, Aug 4 (Bernama) -- Bank Muamalat Malaysia Bhd, in a strategic collaboration with Syarikat Takaful Malaysia Am Bhd (Takaful Malaysia Am), have introduced Malaysia’s first Cyber Takaful Protection available from as low as RM14.80 per year.

Digital Bank: A Promising Start, With More To Unfold

By M. Saraswathi & Karina Imran

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's digital banking journey is making good progress and has great promise in addressing unserved and underserved segments, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour. 

Agrobank Launches Online Bank Account Opening Service

KOTA KINABALU, Aug 1 (Bernama) -- Agrobank today launched its online bank account opening service, an innovative digital banking system that allows customers to open an account without having to visit the bank's branch.

MoneyHero Hosts Inaugural SingSaver Best-Of Awards, Honours Singapore’s Top Financial Products

KUALA LUMPUR, July 18 (Bernama) -- MoneyHero Limited (MoneyHero) celebrated excellence in consumer finance with the first-ever MoneyHero Group Presents: SingSaver Best-Of Awards.

OPR Cut Can Address Household Debt Service Ratio, Provides Reprieve In Disposable Income -- GX Bank

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 14 (Bernama) -- GX Bank Bhd said the overnight policy rate (OPR) cut to 2.75 per cent from three per cent could potentially address the household debt service ratio while providing a reprieve in disposable income.

YTL Power Invests RM10 Bln In AI, Encourages Local Companies To Leverage AI Infrastructure

KUALA LUMPUR, July 8 (Bernama) – YTL Power International Bhd has invested about RM10 billion in artificial intelligence (AI) and AI infrastructure to date and encourages Malaysian companies to invest in AI and leverage the infrastructure.