Malaysia’s digital banking future starts to take shape
With a large digitally savvy population which sees over 50.4% mobile banking penetration and an extremely competitive e-wallet landscape of over 40 licensed operators, what opportunities and gaps exist within Malaysia?
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With a large digitally savvy population which sees over 50.4% mobile banking penetration and an extremely competitive e-wallet landscape of over 40 licensed operators, what opportunities and gaps exist within Malaysia?
This paper discuss the journey towards virtual banking and digitalization including:
- Exploring Malaysia landscape, opportunities and gaps
- Comparing Malaysia’s framework with its Asia-Pacific neighbours – Hong Kong, Singapore, Taiwan, Australia
- Strategies to serve the underserved – B40, SMEs, Migrant Workers etc