Kuala Lumpur (Malaysia), August 23 2015: Leading Malaysian financial services organisation, Hong Leong Bank Berhad (HLBB) has selected India-headquartered global banking and insurance technologies specialist Intellect Design Arena to apply digital technologies acros its banking and insurance operations.
The bank has adopted of Intellect's multi-award winning Intellect Global Transaction Banking (iGTB) suite to leverage technologies like mobility and cloud for financial services and payments worldwide.
Says Y M Raja Teh Maimunah, CEO, Hong Leong Islamic Bank: “Following the digitisation of our Personal Financial Services, HLBB is now turning its attention to the corporate banking space with a focus on the development of real- time payment offerings in order to better support its Malaysian corporate clients both domestically and globally. More of our wholesale banking clients have gone global and expect more competitive banking services to facilitate their cross-border businesses. As customers nowadays seek other alternatives apart from the physical branch, this offering provides the ability to access information, select products and make transactions from anywhere and at any time.”
Adds Manish Maakan, CEO of iGTB, Intellect Design Arena: “Digitalisation and mobility has changed the way businesses run. Local banks are seeing more non-banking players crowding into their space as their customers want more flexibility, multiple-channel payment options and the ability to do this all in a secure and fast manner. We are honoured to be chosen by HLBB to help transform its digital transaction banking services platform.”