Digital Banking: More than 40 Parties Submitted Virtual Banking License Application in Malaysia, Reserve Bank Reveals

During a recently-held online press conference, Bank Negara Malaysia Governor, Datuk Nor Shamsiah Mohd Yunus stated that more than 40 parties have formally expressed their interest with the reserve bank to acquire a digital banking license (by submitting an online application). Malaysia’s virtual banking framework… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged datuk nor shamsiah mohd yunus, digital bank, digital banking, lim paik wan, malaysia, southeast asia, virtual banking