Banking
Maybank to migrate from SMS OTP to Secure2u
Maybank will fully migrate to a more secure authentication method via Secure2u by June 2023 for online activities or transactions.
RHB, MPay to provide electronic payment solutions
RHB establishes affiliate partnership with ManagePay Services Sdn Bhd to deliver an innovative banking solution that creates a convenient contactless payment experience for businesses.
RHB Datathon solves banking issues via data analytics
RHB Banking Group concludes its RHB ‘Get Your Hack On’: Data Edition 2022 (Datathon) hackathon, attracting more than 270 digital and technology-savvy innovators focusing on driving customer-centric solutions leveraging on data analytics.
Asian consumers to rely on digital banking post-pandemic: Mambu
Three quarters of APAC banking customers say they are likely to use digital banking more now than pre-pandemic, a new report from SaaS cloud banking platform Mambu stated.
FT Focus report shows APAC banks lag in digital transformation, two in three expect to lose market share
Banks must reposition themselves, embrace tech to avoid extinction
3 in 5 believe they will cease to exist unless they change business models
UNObank secures digital banking license in the Philippines
The Singapore-headquartered fintech company has been granted a digital banking licence to operate in the Philippines
RHB launches its Get Your Hack On in search of talent, innovative solutions
Up to US$6.3k in cash prizes and AWS credits, with MDEC & MaGIC as partners
Part of a larger effort to foster stronger ties with Malaysian startup ecosystem
OCBC Bank rolls out facial verification for ATM banking
Face verification can now be performed on select OCBC Bank ATMs in Singapore, allowing users to make account bank enquiries without ATM cards.
Maybank targets 100% growth in 2021 e-Angpao transactions, amounting to US$14.8mil
Maybank is expecting an increase in e-Angpao transactions in 2021 due to the Covid-19 pandemic – a notion spurred by “encouraging response” in 2020
HSBC Malaysia aims for digital innovations to meet fluid banking needs - ‘like breathing air’
The Covid-19 pandemic has accelerated digital initiatives for established banks. For HSBC Malaysia, it means the inclusion of several new features, as well as plans to become a “bank in the pocket.”