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SAP: Digital banking poised to revolutionise financial services sector in Southeast Asia, Malaysia
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KUALA LUMPUR, 21 April 2021 – The announcement of Bank Negara Malaysia (BNM)’s impending issuance of digital banking licenses possibly leads to precursor of a disruptive wave of new and innovative digital financial services in the wake of the Covid-19 pandemic, said SAP Malaysia.
Its managing director Hong Kok Cheong
(pic above) noted that the time was ripe for banks, governments, and technology experts to come together and capitalise on these opportunities to increase financial inclusion and digitise the economies to benefit the customers and society in general.