Cloud, Embedded Finance, and No Code/Low Code Expected to Influence Financial Services in Malaysia
Leading SaaS cloud banking platform Mambu has launched its annual Partner Predictions report, which highlights the top financial trends expected to influence the industry in 2023, as businesses attempt to survive and thrive in a volatile macroeconomic environment. The report includes insightful commentary from industry leaders from across the fintech and financial services sectors, including executives from AWS, Backbase, Deloitte, Google Cloud and many more, with participants sharing their insights on the key issues that are likely to shape the financial services sector in the year ahead. The Official Opening of Ajinomoto’s New Factory in Bandar Enstek Halal Hub, Negeri Sembilan AMB’s new factory which relocated from Jalan Kuchai Lama to Bandar Enstek is a ‘smart factory’ and Certified Green Building, says Tomoharu Abe, Managing Director/CEO Business NewsKazi Mahmood The impact of the pandemic will continue to be felt for many years to come and has been a key driver of the accelerated adoption of digital banking across Malaysia and the wider Asia Pacific region. The adoption of public cloud technology in financial services has also been accelerated by the pandemic, with the rapid growth of digital banking services across the region a direct result. Conor McNamara, Managing Director ASEAN at AWS, says in the report: “In 2023 we expect more organisations to leverage cloud-based data and analytics to derive market insights and develop seamless, personalised customer experiences. In Malaysia, we’re helping Bank Islam build and deploy new services for customers that comply with Shariah/Islamic financial requirements. In Vietnam, we’re working with TNEX to build application functions that promote healthy living, improve personal finance management, and drive financial inclusion.” The impact of the pandemic will continue to be felt for many years to come and has been a key driver of the accelerated adoption of digital banking across Malaysia and…
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