Maybank Singapore and Tagit win single Country Mobile Banking Project award

May 28, 2014

• Maybank, Singapore and Tagit implemented a person-to-person mobile payment service in Singapore that allows users to send money to anyone through a mobile phone

• Maybank’s mobile banking app allows customers to perform cross- market transactions such as bill payments and fund transfers between Singapore and Malaysia

• The app has an enhanced QR reader capability to store name card information directly into phone contact lists

Kuala Lumpur, May 21st 2014 — Maybank, Singapore and its technology partner Tagit have been named the winners of the Best Single Country Mobile Banking Project Award during the eighth Asian Banker Technology Implementation Awards Program, held at the Kuala Lumpur Convention Center, Kuala Lumpur on May 21st 2014. The awards ceremony was held in conjunction with The As an Banker Summit 2014, the foremost annual meeting for decision makers in the financial services industry in the Asia Pacific region.

Maybank, Singapore and Tagit have implemented a unique person-to-person mobile payment service in Singapore that allows customers to send money to anyone through the use of a mobile phone. The technology enables the bank’s mobile banking customers to pay anyone, anytime, anywhere. The bank’s mobile banking app allows customers to perform cross-market transactions such as bill payments and fund transfers between Singapore and Malaysia. The bank has also implemented an innovative QR code readability to capture name card information that can be stored directly into phone contact lists. Through the app’s location-based features, customers are able to conveniently locate Maybank branches, AT Ms and allied networks as well as the latest promotions from participating retailers and outlet.

The awards program, administered by The Asian Banker and refereed by prominent global bankers, IT consultants and academics, is the most prestigious of its kind. A stringent three month long evaluation process determines the winners from across Asia Pacific, Middle East and Africa. The winners are honored at a glittering event that recognizes their efforts in using the best technology to run their institutions and bring superior products and services to their customers.

About The Asian Banker

The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The Singapore-based company has offices in Singapore, Malaysia, Hong Kong, Beijing and Dubai as well as representatives in London, New York and San Francisco. It has a business model that revolves around three core business lines: publications, research services and forums. The company’s website is www.theasianbanker.com

For more information please contact:

Ms. Janice Chua
Tel: (65) 6236 6532
jchua@theasianbanker.com

TAB International Pte Ltd
10, Hoe Chiang Road,
#14-06 Keppel Tower,
Singapore 089315
Tel: (65) 6236 6520
Fax: (65) 6236 6530
www.theasianbanker.com

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