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Banking BNM announced 5 digital bank licences

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Tronoh
post Jul 4 2021, 04:07 PM

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Any banks that can give 2 days early paycheck like chime and moneylion get my vote

This post has been edited by Tronoh: Jul 4 2021, 04:09 PM
Tronoh
post Feb 11 2022, 09:37 PM

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QUOTE(RigerZ @ Sep 26 2021, 11:50 AM)
What do you guys think of the applicants? Anyone has views on who may be more likely to get the license?

https://www.fsmone.com.my/stocks/research/a...mber?src=stocks

1. Boost + RHB (Axiata Group Bhd, RHB Bank Bhd)

2. PUC + Sabah + Pahang State Governments (Genting Bhd, Genting Plantations Bhd, PUC Bhd)

3. Sunway + Linklogis + Bangkok Bank (Sunway Bhd)

4. BigPay + MIDF + Ikhlas Capital + SK Group (AirAsia Group Bhd)

5.Hextar Global + Arcadia Acres + Ihsan Equity (Arcadia Acres is a major shareholder of Dagang NeXchange Bhd, Hextar Global Bhd)

6. AEON Credit Service + AEON Financial Service (AEON Credit Service (M) Bhd)

7. Boustead + Angkasa + undisclosed insurance brokerage (Boustead Holdings Bhd)

8. Paramount Corporation + Star Media Group + RCE Capital + Prosper Palm Oil Mill + undisclosed party (Paramount Corporation Bhd, Star Media Group Bhd, RCE Capital Bhd)

9. Revenue Group + Sarawak State Government + Kenanga Investment Bank (Revenue Group Bhd, Kenanga Investment Bank Bhd )

10. Green Packet + Zico Holdings + M24 Tawreeq (Green Packet Bhd)

11. Pertama Digital + Crowdo Holdings + INFOPRO (Pertama Digital Bhd)

12. Managepay Systems + 3 undisclosed parties (Managepay Systems Bhd)
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In terms of feature offering, except Grab, i don't see any who can offer more than MAE, and i don't even use MAE a lot. Can't just keep offering discounts to attract people. Anyway, whoever can offer top up via credit card + fund withdrawal gets my money
Tronoh
post Feb 15 2022, 02:47 PM

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QUOTE(MUM @ Feb 14 2022, 12:30 AM)
one of the winner?

KUALA LUMPUR (Feb 13): Al Rajhi Bank Malaysia (ARBM) has announced the appointment of Ikram Khaliq as its head of digital bank.
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The move follows the announcement in December last year that the Islamic bank will be launching its digital bank this year.
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This, Arsalaan said, is in line with the strategic thrusts of the Financial Sector Blueprint 2022-2026 which focuses on the advancement of digitalisation of the financial sector as well as Islamic finance leadership, on top of the government’s emphasis on digital technology as outlined in the 12th Malaysia Plan.

“We are excited to be here as the new workspace enables ARBM to grow our digital bank in line with our vision of becoming the No 1 Islamic innovation bank in Malaysia,” he added.

https://www.msn.com/en-my/money/topstories/...V?ocid=msedgntp
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Seems like another digital bank leveraging on parent bank: Maybank/MAE, CIMB/Octo, Affin/A1addin, OCBC/Frank... Soon RHB/Boost
Tronoh
post Apr 29 2022, 03:42 PM

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BigPay with Capital L
Tronoh
post Sep 26 2022, 07:37 PM

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Allegedly Grab has shortlisted these names for their digital bank: gbank, Geso bank, GX bank, and bangkit.

(personally I found all of them horrible)
Tronoh
post Sep 26 2022, 08:47 PM

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QUOTE(hafizredha @ Sep 26 2022, 07:50 PM)
Where to read?
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They're sending questionnaires through the app

 

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