Malaysia’s digital banking future starts to take shape

Malaysia’s digital banking future starts to take shapeMalaysia’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?

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