BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Digital Banks in Malaysia: What To Watch, Lessons From Foreign Digibanks, And Challenges Ahead

Digital Banks in Malaysia: What To Watch, Lessons From Foreign Digibanks, And Challenges Ahead

Vincent Fong, Chief Editor, Fintech News Malaysia | Ravi Kittane, Partner, EY

18-Jan-24 12:00

Digital Banks in Malaysia: What To Watch, Lessons From Foreign Digibanks, And Challenges Ahead

Following the recent regulatory approvals for AEON Bank and Boost Bank to commence operations, Enterprise Explores the digital banking landscape here in Malaysia and how it compares to key markets such as Singapore and Hong Kong with Vincent Fong, Chief Editor at Fintech News Malaysia, and Ravi Kittane, Partner at EY.

We get into digital banking in a regional and global context, explore how Malaysia compares and can learn from other key markets, dissect various trends and key priorities for digital banks, including customer acquisition and the development of new products including credit products, potential competition from established financial institutions, and the key priorities and upcoming trends for digital banks in Malaysia in 2024.

02:40 Guest Introduction and Discussion Start

03:26 Insights into Digital Banking

08:34 Digital Banking Landscape Overview

15:05 Lessons from Foreign Digital Banks

25:39 The Importance of Customer Trust and Security in Banking

26:23 The Role of Deposits in Banking

28:07 The Challenge of Customer Acquisition and Retention

28:22 The Importance of Reliable Tech in Digital Banking

33:06 The Role of Partnerships in Digital Banking

34:48 The Potential of Islamic Digital Banking

41:59 The Challenge of Serving the Underserved Market

46:01 Looking Ahead: Key Developments and Trends in Digital Banking

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economytechnologymarkets

Tags:  GX BankGXS BankAEON BankAeon CreditBoost BankBoost CreditSea GroupYTL-Seadigital banksfintechgrabrhb bankbnmbank negarakaf investment bankytl group





Play / Pause

Listen now : Health & Living: Is generative AI challenging the traditional doctor-patient relationship, or...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Joseph Sroka, Chief Investment Officer, NovaPoint Capital tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Lavanya Venkateswaran of OCBC discusses the economic impact of Vietnam's new trade deal with the US.

7:45 AM

Morning Brief

Lim Wei Jiet, Constitutional Lawyer on Judicial Appointments.

8:00 AM

The Breakfast Grille

Sean Hesh, Group CEO of NTT Data Payment Services discusses business operations and more.

8:30 AM

Morning Brief

Dr. Zaher Sahloul, President and Co-Founder of MedGlobal discusses the shuttering of USAID.

8:45 AM

Morning Brief

(REPEAT) Lim Wei Jiet, Constitutional Lawyer on Judicial Appointments.

9:00 AM

Opening Bell

(REPEAT) Joseph Sroka, Chief Investment Officer, NovaPoint Capital tells us where international markets are heading.

9:15 AM

Opening Bell

Adrian Loh, Head of Research at UOB Kay Hian Singapore, unpacks what the STI’s resilience means for investors amid rising oil prices and global tensions.

9:35 AM

What's The Focus

We wrap up the week’s biggest conversations to keep you in the know.

10:05 AM

Open For Business

Alfred Phua, Founder of Vanilla Impact Story on reviving Malaysia’s heirloom vanilla industry and empowering rural communities through sustainable farming.

11:00 AM

Mattsplained

12:00 PM

Enterprise Explores

Mustapha Kamal, Urban Planner & Founder of Arkitek Mustapha Kamal on balancing heritage, economic revitalization, and inclusive growth in Malaysia’s old town redevelopment efforts.

1:00 PM

The Breakfast Grille Repeat

Sean Hesh, Group CEO of NTT Data Payment Services discusses business operations and more.

2:05 PM

Discovery Hour

3:05 PM

Front Row

We speak with Brenda James, Chairperson of The Phil, about the inspiration behind Choral Bridges, a show bringing together The Philharmonic Society of Selangor and the Penang Philharmonic Chorus.

3:20 PM

Front Row

Burden of Proof, a powerful theatre production by Dabble Dabble Jer Collective, confronts sexual violence through storytelling, movement, music, and art. Inspired by real accounts and developed over three years, it fosters empathy, healing, and change. We speak with founding members Miriam Devaprasana and Ysabel Loh.

4:05 PM

Health & Living

Is generative AI challenging the traditional doctor-patient relationship, or conversely, enhancing it?

5:00 PM

Top 5 at 5

6:00 PM

Popcorn Culture

A double-bill review of F1 and Jurassic World Rebirth, followed by a discussion about movie moments that left us awestruck.

7:00 PM

BBC World Service

8:00 PM

Bar None

We unpack the conversation surrounding Enhanced Games and why it's a bad idea overall.

9:00 PM

The Selector

Covering all styles of music from indie, dubstep, folk, soul, electro and everything in between.