The global pandemic has accelerated digital banking and forced banks to evolve at an exponential speed to create more effective and efficient ways to fulfil consumer needs. It is believed that the three primary digital banking trends in 2021 will be around Automation, Personalization, and Real-Time Payments.

With introduction of Digital Banking, consumers will be able to manage personal finances at their fingertips. Meanwhile, digital banks have lower expenditure, and these savings could be translated to better interest rates and lower fees.

Echoing the many benefits of Digital Banking, Bank Negara Malaysia (BNM) has announced that application to conduct digital banking business are now open.

Our sister company, THZ Alliance is proud to be part of iFast-led consortium in the pursuit of Malaysian digital bank license.