Malaysian Digital Banks: All You Need to Know скачать в хорошем качестве

Malaysian Digital Banks: All You Need to Know

5 digital banks to be fully launched in Malaysia very very soon! Watch to know more about digital banks in Malaysia. 🔴 𝗦𝘁𝗮𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗜𝗕𝗞𝗥 ➡️ https://www.interactivebrokers.com/mk... 🔴 𝗦𝘁𝗮𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗜𝗕𝗞𝗥 ➡️ https://www.interactivebrokers.com/mk... ✉️ Free bi-weekly newsletter on all things finance ➡️ https://www.ziet.co/newsletter/ ⬇️ Timestamps: 0:00 → Intro 0:44 → Why Digital Banks in Malaysia? 2:07 → Loan Approval 3:56 → Credit scoring data 6:11 → Banking Activities 10:24 → Product offerings 13:36 → Conclusion Why Digital Banks in Malaysia? Digital banks in Malaysia are part of a strategic move by Bank Negara Malaysia to extend financial services to underserved or unserved groups. This includes individuals with poor credit scores, freelancers without regular payslips, or small businesses lacking substantial financial records. An example highlighted is of a wealthy individual unable to secure a credit card due to a lack of local financial history, underscoring the need for these inclusive banking services. Loan Approval: Digital banks simplify loan approvals, catering especially to the B40 income group. They provide easy access to microloans and installment plans without the stringent checks typical of traditional banks. These banks also use dynamic pricing to balance the higher risk of their customer base. Credit Scoring Data: By utilizing the algorithms and machine learning, digital banks assess financial health through alternative data sources. This advanced approach allows them to understand customers' financial situations better, offering a more nuanced credit scoring than traditional banks. Banking Activities: Digital banks offer a distinct advantage in convenience and accessibility. They are especially beneficial for people in remote areas who might otherwise need to travel long distances for banking services. The discussion includes an international example to illustrate the transformative impact of digital banking on financial inclusion. Product Offerings: The innovative and attractive product offerings of digital banks set them apart. Examples include unique banking products from Singapore's Trust Bank and anticipated offerings from Malaysia's own GXBank and RHB-Boost. These banks are expected to leverage their existing networks to provide a variety of incentives and rewards. — ❗️USEFUL LINKS❗️ ✅Start Investing in the U.S. market now!👇🏻    • Investing in the US market   ✅Full Interactive Brokers Playlist👇🏻    • Interactive Brokers Guide   ✅Beginner's Step-By-Step Playlist to Start Investing 👇🏻    • Beginner's Guide to Investing   ✅Exchange-Traded Funds (ETFs) Playlist 👇🏻    • Exchange-Traded Funds (ETFs)   ✅🎥All the gears that I use to make my YouTube videos: https://kit.co/Ziet/youtube-gears — SOCIAL MEDIA LINKS 🔵Facebook →   / zietinvests   🟣Instagram →   / ziet_invests   🐦Twitter →   / zietinvests   🌐Website → https://www.ziet.co 💭Telegram → https://t.me/+fIOOXUQJjsVmNmY1 🏠Discord →   / discord   Digital Bank Digital bank in Malaysia GX bank Tng e wallet fintech digital bank vs traditional bank Is digital bank legit Maybank CIMB Grab Shopee YTL Axiata BNM #DigitalBankingMY #GXBank #FintechMalaysia #BankNegaraMalaysia #CreditSolutions #B40Banking #MalaysiaBankingRevolution #EbankingMalaysia #LoanInnovation #UnderservedBanking #MalaysiaEconomy #OnlineBankingMalaysia #SMEBankingSolutions #DigitalFinance #BankingForEveryone #MalaysianBanks #FinancialTechTrends #BNPL — Disclaimer: This content is provided by a paid Influencer of Interactive Brokers. Influencer is not employed by, partnered with, or otherwise affiliated with Interactive Brokers in any additional fashion. This content represents the opinions of Influencer, which are not necessarily shared by Interactive Brokers. The experiences of the Influencer may not be representative of other customers, and nothing within this content is a guarantee of future performance or success. None of the information contained herein constitutes a recommendation, promotion, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products and services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website.