News & Reviews:   digital bank license

During a colourful event in Kuala Lumpur today, Boost launched its refreshed brand along with an update on future plans for the coming months and 2023. Fresh from its recent Digital Bank License award from Bank Negara Malaysia (BNM), Boost aims to fuel greater financial inclusion for Malaysia and across the region by utilising the power of technology and artificial intelligence (AI).

Today, the Bank Negara Malaysia (BNM) has officially announced five successful applicants for the digital bank licence. If you recall back, a total of 29 applications were sent but only a handful got approved by the Minister of Finance Malaysia.