Following the initial phase of onboarding early access customers, KAF Digital Bank is anticipated to proceed with a full public launch soon. The bank and Temenos will continue to address the evolving needs and preferences of their client base while ensuring strict adherence to local regulatory requirements.
Details of KAF Digital Bank’s Strategy
Leveraging Temenos SaaS, KAF Digital Bank aims to deliver enhanced Shariah-compliant financial solutions that streamline financial management and ensure a secure, user-friendly banking experience. By adopting this model, the bank gains access to advanced Core and Digital banking services coupled with Payments, Analytics, and Temenos Data Hub on Microsoft Azure.
With the introduction of SaaS, KAF Digital Bank focuses on delivering superior customer experiences without having to manage complex technology infrastructure. Tailored solutions for the Malaysian market and Islamic banking context are expected to facilitate quicker time-to-market, optimized efficiency, and robust security measures.