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.
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.
