From Cash to Cloud – Inside Malaysia’s Banking Digital Race

Malaysia’s Digital Banking Revolution: The Race to Modernize Amid a Surge in Fintech Innovations

read the original version on: www.retailnews.asia As the Malaysian payments market surpasses the $90 billion mark, a significant challenge confronts traditional banking institutions – the urgent need to modernize to keep up with the rapid digital transformation and evolving consumer demands. The question then arises as to what strategies will help them stay ahead of the curve. The Digital Challenge While […] The post Malaysia’s Digital Banking R…

Tras Drives Financial Innovation in Automotive Financing, One Car at a Time

In a world where everything from food to finance can be done with a tap, it’s natural to wonder: why is buying a car still so complicated? Despite the rapid rise of digital banks and fintech apps reshaping how we manage money, vehicle financing has stubbornly remained stuck in the slow lane. That’s exactly the gap Tras sets out to close. A proud member of the DRB-HICOM Group, Tras is Malaysia’s first specialised digital automotive financing plat…

From Cash to Cloud – Inside Malaysia’s Banking Digital Race

As Malaysia’s payments market surges past $90 billion, banks face a defining test – can they modernise fast enough to keep pace with digital challengers and rising consumer expectations? In this opinion piece for finews.asia, Mohd Khalil Alkhushairi, Country Director at BPC Malaysia, explores what it will take to stay ahead. Malaysia’s consumers are racing ahead with digital payments, while many banks lag behind. Cards and wallets are part of ev…