KUALA LUMPUR: Although Malaysia has made considerable progress in the application of financial technology (fintech) towards financial inclusion, the government will consider reviewing its existing policies to address several issues in the sector, says Deputy Finance Minister Mohd Shahar Abdullah.
He said this includes policies to address the technology gap between generations, small and medium-sized enterprise’s (SME) readiness to adopt digital financial services, as well as developing the halal economy via the digital platforms.
According to Mohd Shahar, more than 85 per cent of Malaysia’s population aged 15 and above have access to a financial account.
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