CIMB banks on fintech speed to be a game changer

CIMB banks on fintech speed to be a game changer

CIMB FinTech is leading the bank’s digital strategy for implementation across the region. — Picture by Firdaus Latif KUALA LUMPUR, Jan 19 — CIMB Group’s head of consumer banking Samir Gupta said the bank is aiming to use its financial technology (fintech) strategy to reinforce its position as a leading player in the consumer banking sector. The bank became the first to receive Bank Negara Malaysia’s (BNM) regulatory sandbox approval for e-KYC (know-your-customer), a paperless and electronic method of verifying customer identity. Sandboxing is the term where applications are intentionally restricted to their own environments, generally for security and […]