MACROKIOSK, Silverlake partner in digital banking for the APAC region

  • Thursday, June 18, 2020
  • IBSintelligence.com

MACROKIOSK and Silverlake have joined forces with the aim to empower the emerging digital banking industry in the Asia Pacific region. The collaboration brings together the digital solutions and respective capabilities of MACROKIOSK and Silverlake to support virtual banks in the evolving banking industry landscape.

MACROKIOSK’s key focus is in the area of communication, authentication, engagement and payment, which is delivered through its in-house developed BOLD. suite of digital solutions. The partnership between the two parties will play a vital role in facilitating digital offerings with virtual banks.

Dato’ Henry Goh, Co-Founder & Chief Operating Officer, MACROKIOSK Group said, “MACROKIOSK powers over 40 financial institutions in 14 countries across Asia Pacific. Our BOLD. solutions are future-ready to meet the demands of virtual banks and together with Silverlake, we are confident we will provide meaningful access, efficiency and convenience for digital banking consumers.”

With increasing digital transformation across the banking sector, the arrival of digital banking in the region is certain. As digital banking is set to disrupt traditional banking practices and cater to underserved markets, advanced technology becomes more crucial than ever in driving the success of digital banking in emerging economies.

Moving forward, Silverlake intends to continue developing digital solutions and improve its customer experience models to simplify banking for individuals and organisations alike. “Our focus is to drive innovation in financial institutions in Asia Pacific countries through various digital financial services,” says Joseph Yeong, Co-Founder & Executive Director, Silverlake Mobility Ecosystem.

The collaboration between the parties is expected to create a partner ecosystem across technologies in their respective areas of expertise, which will enable virtual banks to leverage advanced solutions to stay ahead of the competition and expand their foothold in the digital banking landscape.

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