Maybank Islamic Bhd and Telekom Malaysia Bhd (TM) have forged a partnership to deliver the country’s first Islamic Banking as a Service (BaaS) solution powered by 5G, with the launch of Go Niaga.
Plans for transition financing under the National Energy Transition Roadmap (NETR) are currently being discussed as the Economy Ministry is set to work together with banks and financial institutions, says its minister Rafizi Ramli.
The headlines surrounding modern banking have not been comforting. Bank runs, failures and loss of competitiveness are just some of the issues plaguing the western banking circles.
Customer satisfaction with the finance sector in the city-state has increased amid steps by banks to boost their online banking security, while there is less interest in newcomer digital banks.