KUALA LUMPUR: SEDANIA Innovator Bhd (Sedania) is set to boost digital banking adoption by deploying a full suite of digital banking solutions to two recipients of Malaysia’s digital bank licences via its Fintech arm, SEDANIA As Salam Capital Sdn Bhd (SASC) and its technology partners.
Chief executive officer Khairul Nisa Ismail said the group is supporting clients to roll out market-ready solutions within the stipulated time.
She said SEDANIA As Salam’s unique Digital Akad sets SASC apart from other peers in the market by allowing the Islamic banking sector to connect with customers for smooth 'Akad' (agreement) procedures, resulting in faster turnaround times for financing disbursements.
On April 29, Bank Negara Malaysia announced the five successful applicants for the digital bank licences, as approved by the Ministry of Finance.
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