Kuala Lumpur (April 10): Islamic banks and financiers must invest heavily in technology to change the way they conduct banking services and spread their products more effectively.
Prime Minister Mahathir said that the application of smart technology in the financial industry - financial technology (financial technology) - has had a positive impact on the industry as well as mobile payments, remittances, loans and other industries. Fundraising and asset management. Financial technology leverages the latest technologies in the Internet, mobile devices, social media integration, big data analytics and artificial intelligence to make financial transactions more automated, user-friendly and more convenient, thus providing (providing) a superior customer experience.
Although it was considered at a very early stage, financial technology has also penetrated into the Islamic finance sector.
However, the potential damage to traditional Islamic finance should not be underestimated. The destruction can work in both directions, he said at the 15th meeting of the 15th Kuala Lumpur Islamic Finance Forum here today.
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amirulb2k4
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Posted by amirulb2k4 > 2019-04-08 16:55 | Report Abuse
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