Transforming microfinance through digital technology in Malaysia

Dato’ Seri Dr. Ahmad Zahid Hamidi, Deputy Prime Minister of Malaysia, launching the Virtual Teller Machine (VTM) at the National Savings Bank. Digital technologies such as the VTM are now changing the way microfinance works. Photo: The Star Today, smartphones are used by more than half the world. By 2020, this number will reach 6.1 billion. Mobile-based digital technology presents a huge opportu...