Digital banks are gradually emerging into the financial services industry and changing the way customers interact with banks. Learn more about digital banking from our CEO, See Wai Hun, and our Presales Manager, Natrah Nor Mohamed in a recent webinar hosted by UUM.
“The Approval Processes for Fintech Ideas Need to be Streamlined,” says See Wai Hun at Catching the Fintech Wave, 2016.
See Wai Hun was a panelist who put the spotlight on some key issues plaguing the industry. The most prominent of which is having to go through unwieldy regulations at banks and other financial institutions (FIs) on a regular basis.
Marc Faber, a famous contrarian fund manager states that Malaysia's financial system is still strong, though the economy still suffers structural weaknesses.
The Malaysian government is in a dilemma. It has run out of easy solutions. The free spending days are over. It has become hard for the government to make difficult choices when the opposition will pounce on any move that makes life more difficult for the people.