As a consumer, I can’t even fathom the act of going into the Bank branch to deposit or enquire about stuff. In fact, I think I haven’t even gone into a physical bank outlet for over 5 years. Traditional banking is so ‘passé’ that everyone is focused on Digital Banking these days since you can have a complete banking experience done digitally, doing away with all the paperwork like cheques, pay-in slips, demand drafts etc. Hence, it is a real game-changer for companies who are able to win the Digital Bank licenses. Malaysia Digital Bank Licenses A digital banking license will allow non-bank companies to offer financial services through digital platforms, meaning customers can open accounts and make loan applications without the hassle of going to a physical bank. The licenses also come without some of the capital requirements and other regulations of traditional banks. A total of 5 banking licenses were awarded by the Central Bank of Malaysia...