KUALA LUMPUR: MBSB Bank Bhd has inked a memorandum of understanding with CelcomDigi as part of its continuous effort to future-proof its banking operations and to enrich customer experience.
In a joint statement issued today, both companies said they will explore opportunities in end-to-end smart banking solutions that include comprehensive services for cyber security, smart retail solutions financing and cloud infrastructure technology.
The two companies also intend to look for new commercial opportunities and joint go-to-market activities for the benefit of customers and employees.
MBSB Bank group CEO Nor Azam Taib said that partnering with CelcomDigi is a key milestone in an industry that has become increasingly competitive due to technological advances.
He said the bank plans to introduce industrial internet of things (IoT) solutions as part of business financing with a focus on green technology adoption, automation and quality assurance.
“We also intend to leverage on cloud technology in order to advance our digital capabilities as this shall help increase our competitiveness level,” he said.
CelcomDigi CEO Idham Nawawi said the telecommunication services provider has the right expertise and resources to help advance MBSB Bank’s digital capabilities as the bank progresses in leveraging technology to bring enhanced products, services and experiences for its customers.