Digital Banking

Consortiums partnering banks, e-wallets have an upper hand to bag Malaysia digital bank licenses

Consortiums partnering with financial institutions and e-wallet operators will have an upper hand in securing a digital banking license in Malaysia, according to analysts.

SGX-listed iFAST Corp to continue digital bank ambition in Malaysia [Q&A]

It will target B40 segment while eyeing low-cost deposits globally.

29 Applicants to bid for 5 digital banking licenses in Malaysia, with national cooperatives group joining in

A diverse range of parties have submitted applications for the digital bank licence, ranging from banks, industry conglomerates, technology firms, e-commerce operators, FinTech players, cooperatives and state governments.

Fintech, smartphone digital banking

Consortiums and companies submit Malaysia digital banking license bids as deadline looms close, including Grab-Singtel venture

The Race for the five digital banking licenses heats up further as more consortiums and companies announced their application, including ride-hailing giant Grab-Singtel consortium, which bagged a digital full-bank license in Singapore last year. These consortiums also include overseas investors and technology partners from Singapore, Japan, and China.