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Digital Bank

A collection of 2 posts

Malaysia’s E-Wallet BNPL Boom: Financial Inclusion or Digital Debt Trap?

Malaysia’s E-Wallet BNPL Boom: Financial Inclusion or Digital Debt Trap?

Malaysia’s e-wallet BNPL boom is fueling financial inclusion but also raising delinquency risks. With youth and gig workers driving adoption, embedded credit features risk amplifying household debt into a digital debt trap.

Boost and RHB consortium look to greater financial inclusion

Boost and RHB consortium look to greater financial inclusion

KUALA LUMPUR – Boost, the fintech arm of Axiata Group Bhjd and RHB Banking Group achieved a significant milestone after securing the highly anticipated digital bank licence issued by BNM. Boost and RHB formed a Digital Bank consortium with Boost owning a majority stake of 60%, and RHB owning the remaining