Malaysian deputy says ATM network can drive e-banking adoption
Banks in Malaysia should be working harder to persuade their customers of the benefits of electronic banking, as a large proportion of the population still relies on cash and cheques, according to Muhammad bin Ibrahim, deputy governor of the Bank Negara Malaysia.
In a speech today at the launch of the Malaysian Electronic Payments System's ‘ATM initiative', Ibrahim said although 74% of people with a bank account use some form of internet banking, only 42% use it regularly to make financial
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