Mohd Shahar Abdullah, Bank Negara Malaysia, World Bank, Bernama

Mohd Shahar Abdullah, Bank Negara Malaysia

Govt to review existing fintech policies | The Malaysian Insight

Govt to review existing fintech policies

7/10/2020 7:21:00 AM

Govt to review existing fintech policies

Deputy finance minister says country needs policies to address technology gap between generations.

Copy URLDeputy Finance Minister Mohd Shahar Abdullah says the government is committed towards ensuring that each citizen has an equal opportunity to access financial services. – Facebook pic, October 7, 2020.ALTHOUGH Malaysia has made considerable progress in the application of financial technology (fintech) towards financial inclusion, the government will consider reviewing its existing policies to address several issues in the sector, said Deputy Finance Minister Mohd Shahar Abdullah.

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He said this includes policies to address the technology gap between generations, small and medium-sized enterprises’ (SME) readiness to adopt digital financial services, as well as developing the halal economy through digital platforms. Read more: TheMalaysianInsight »

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