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Multi-Layer Security for Financial Institutions to Consider When Using a Cloud Based Solution

Cloud computing has revolutionized the way Financial Institutions (FIs) operate by offering unparalleled flexibility and efficiency. FIs are increasingly turning to cloud-based solutions to modernize their IT infrastructure, streamline operations, and enhance customer experiences. With cloud computing, FIs can leverage scalable resources on demand, reducing infrastructure costs and improving operational efficiency. However, ensuring data privacy,...

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Elevating Financial Decisions and Loan Approval with Credit Decisioning Platform

Credit decision platforms have revolutionized the banking and lending industry by providing the capability to swiftly and accurately evaluate a borrower’s creditworthiness using data analytics and machine learning algorithms, thereby facilitating real-time lending decisions. Not only does this streamline the loan approval process, but it also aids in risk management and ensures adherence to regulatory...

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Exploring How Artificial Intelligence (AI) Catalyzes Innovation in the Fintech Sector

Artificial Intelligence plays a significant role in Fintech (financial technology) by offering innovative solutions to various challenges and enhancing the efficiency of financial processes. Here are several ways AI helps Fintech. AI algorithms can analyze vast amounts of data to identify patterns and anomalies that indicate potential risks. This includes credit risk assessment, fraud detection,...

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Trisilco IT Sdn Bhd Has Been Awarded Malaysia Digital (MD) Status From MDEC

Kuala Lumpur, Malaysia – June 13, 2024 – Trisilco IT Sdn Bhd, a cloud solutions and services provider in compliance, regulatory reporting, digital lending, and credit decisioning tools, is thrilled to announce its official recognition as a Malaysia Digital (MD) status company by the Malaysia Digital Economy Corporation (MDEC). This prestigious honour marks a significant...

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Four Emerging Technologies in 2024 That Are Shaping the Future of BFSI in Malaysia

In the rapidly evolving landscape of the Banking, Financial Services, and Insurance (BFSI) industry, technological advancements have become more than just tools for efficiency. They are the cornerstones of transformation.   With an ever-increasing emphasis on agility and customer-centric operations, BFSI institutions are leveraging the latest trends to not only streamline their processes but also to...

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Banking Transformation in the Digital Era with Cloud Ecosystem

The banking and financial services sector is growing slowly in meeting consumer needs, particularly in adapting to the digital realm. The low adaption in embracing digital transformation can significantly affect how Financial Institutions (FIs) cater to their customers in the real world. FIs are under growing pressure from customers to provide a digitized financial service...

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Trisilco IT Attains CMMI Level 3 Accreditation, Demonstrating Commitment to Excellence in Process Improvement

Petaling Jaya, Selangor, March 2024 – Founded in 1997, Trisilco IT Sdn Bhd which specializes in compliance, regulatory reporting, and credit decisioning tools for Financial and Non-Financial Services proudly announces its recent achievement of ISACA’s Capability Maturity Model Integration for Development (CMMI-DEV) Level 3 accreditation.   The comprehensive appraisal conducted by MFQ Asia, a distinguished...

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Maximizing Banking Opportunities with Third Parties Integration Using Financial API

Third parties integration using financial API, learn how it can help businesses take advantage and deploy digital technologies efficiently. It has been a pain for Financial Institutions (FIs) when they need to integrate new applications into the existing IT infrastructure. Banks use 1000 different applications. This will slow down the development journey of financial institutions,...

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Universo CCRIS Accelerates the Process of Credit Data Submission

CCRIS plays a vital role in assessing an individual’s and business’s creditworthiness. With an efficient process of CCRIS data submission, it helps financial institutions make more informed and faster decisions when assessing the creditworthiness of potential applicants. The question then raised is, what will help FIs to be more efficient in assessing the creditworthiness of...

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The Influence of ESG on Financial Institutions Has Reached Malaysia

The influence of ESG on financial institutions. We have been hearing about Environmental Social Governance (ESG) for quite some time in the economic market, financial institutions, corporate governance reports, and social media as well. Now how did it come and why are businesses talking about it? ESG is expanding right now and why are financial...

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