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ARBM, Moneythor to implement PFM features in digital bank

26 Apr 2022 | Tuesday Source: The Malaysian Reserve

Al Rajhi Bank Malaysia (ARBM), a subsidiary of Al Rajhi Bank of Saudi Arabia has selected Moneythor, a leading digital banking solution provider to implement innovative personal financial management (PFM) features in its upcoming digital bank in Malaysia.

This partnership is in line with ARBM’s ambition to become the number one Islamic innovation bank in Malaysia.

The bank will deploy Moneythor’s Personal Finance Management (PFM features) to deliver rich in-app functionality and power highly personalised experiences for their customers.

The Moneythor solution is powered by real-time data, coupled with machine learning and behavioural science techniques to provide data-driven personalisation capabilities for digital financial management.

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