BNM现任行长Muhammad bin Ibrahim拿督曾鼓励金融机构“拥抱金融科技，把它作为机遇”。
CIMB Fintech是联昌集团（后文简称CIMB）为探索银行创新方案成立的全新独立小组，本月初CIMB集团任命Olivier Crespin为这一金融科技小组的主要负责人。
集团首席执行官东古拿督斯里Zafrul Aziz称，CIMB Fintech是马来西亚银行业内部的金融科技中心，应该让它“历经实践，实现我们的数字金融雄心。”
马来西亚最大的商业资本银行Malayan Banking Bhd (Maybank)则选择了不同的策略。Maybank Fintech是Maybank用以发现金融科技领域顶尖人才、最有发展前景创意的项目，今年Maybank开启了第三期项目。
随着Maybank的脚步，丰隆银行（Hong Leong Bank Berhad ，后文简称HLB)也在今年三月推出了为期三个月的导师计划HLB LaunchPad，旨在培养马来西亚下一代科技、金融科技领域最有希望的创业公司。
HLB LaunchPad项目是HLB与马来西亚官方贸易协会、天使投资人及投资俱乐部监管部门Malaysian Business Angel Network (MBAN)合作的一部分。同时初期投资机构Cradle Fund Sdn Bhd也参与了这个项目。
Banks in Malaysia are pushing fintech development as they seek to harness innovation and technology to improve the financial services.
Bank Negara Malaysia
The trend is largely led by the Malaysian central bank, Bank Negara Malaysia (BNM), which has been deploying efforts to modernize the domestic banking industry.
In particular, the central bank’s Financial Technology Enabler Group (FTEG) was launched in June 2016 to formulate and enhance regulatory policies to facilitate the adoption of technological innovations in the Malaysian financial services industry.
The FTEG is part of BNM’s commitment to support innovations that will improve the quality, efficiency and accessibility of financial services in Malaysia and is comprised of cross functional group within BNM.
Financial Technology Enabler Group Malaysia Fintech HackOne of the committee latest efforts is the “Fintech Hacks,” an initiative launched earlier this week that seeks ideas from the public on possible improvements to financial services.
It aims to identify pain points in the delivery as well as the consumption of financial services, and solicits ideas using the application of technology to address the gap.
Malaysia has been one of the most advanced and favorable jurisdictions in Southeast Asia when it comes to fintech. The nation set up a regulatory sandbox last year to allow startups and banks to experiment with new products and business models in a safe environment. The regulatory sandbox is open to all fintech companies including those without any presence in Malaysia.
Datuk Muhammad bin Ibrahim, the current governor of BNM, has encouraged financial institutions to “embrace fintech as an opportunity.”
Addressing the emergence of fintech, Malaysian banks have been gearing up for digital disruption.
Earlier this month, CIMB Group appointed Olivier Crespin as its chief fintech officer for its newly set up unit, CIMB Fintech, a standalone unit dedicated to explore new and innovative banking solutions.
Tengku Dato’ Sri Zafrul Aziz, the group CEO, said that CIMB Fintech was the bank’s very own fintech hub, allowing it “to experiment and realize our digital ambitions.”
“Its operating model will be agile, dynamic and nimble, in order to provoke, incubate and execute ideas that will either redefine or enhance CIMB’s products and services,” said Zafrul.
“We are prepared to invest significantly in fintech propositions that will add value and enhance customer experience for our 12 million customers across the region.”
Malayan Banking Bhd
Malayan Banking Bhd (Maybank), Malaysia’s largest bank by market capitalization, has opted for a different strategy. This year, the bank brought back the third installation of its fintech program Maybank Fintech aimed to find the brightest talents and most promising ideas in fintech.
Teams selected to join the program gain access to unique partnership opportunities with Maybank. Proposed partnerships with the bank can involve any of Maybank’s business segments and entities operating from any of its regional locations across Asia.
Earlier this year, Maybank launched the first digital remittance service in the country. Called Maybank2u, the mobile app was released in partnership with Western Union.
Hong Leong Bank Berhad
Following the lead of Maybank, Hong Leong Bank Berhad (HLB) launched in March HLB LaunchPad, a three-month mentorship program targeted at nurturing the next-generation of promising Malaysian technology and fintech startups.
HLB LaunchPad is part of HLB’s collaboration with Malaysia’s official trade association and governing body for angel investors and clubs, the Malaysian Business Angel Network (MBAN). The program also includes the participation of Cradle Fund Sdn Bhd, an early stage funding agency.
The program gives five startups the opportunity to be trained by experts and receive mentorship from the bank’s senior management. Each startup receives an allowance of RM25,000 to enhance their product or service offerings.
Out of the five startups, one team will be selected and considered for an equity investment of up to RM1 million.