Labuan-based investment bank, Asia Digital Bank Ltd (AsiaDB) has entered into a Memorandum of Collaboration (MoC) with Huawei Technologies (M) Sdn Bhd which will see the two parties facilitate the creation and development of future-oriented cloud-based digital solutions for franchises using Huawei Cloud technology, such as AsiaDB’s cloud-based A-Bank Super Wallet App.
The A-Bank Super Wallet App aims to create an innovative financial system through the comprehensive and integrated application of digital technologies like cloud computing, big data, blockchain and Artificial Intelligence (AI), which supports the development of a cross-border digital financial industry.
Speaking on the cooperation, chairman of AsiaDB Mr Liu Xuming shared on the company’s aspiration to be the preferred choice for digital finance services locally and internationally and how this collaboration with Huawei will not only support this goal but also produce new and enhanced digital solutions unseen anywhere else that will better serve various industries worldwide
Meanwhile, Huawei Malaysia’s Vice President of Cloud and AI Business Group, Mr Lim Chee Siong spoke on how the collaboration will provide a great opportunity to expand and establish a dominant new, efficient, safe, and secure user experience that will not only lead but also influence the entire digital financial industry.
“As technology partner and digital advisor, Huawei Malaysia has the expertise to equip franchises to respond to challenges of today and to lead them into the digital economy of tomorrow.”
“We will be the core driver in fulfilling these ambitions by driving digital innovation using Huawei Cloud to assist the financial industry in creating their own innovative financial system.”
“Malaysia is moving aggressively into Cloud and Huawei Malaysia hopes to escalate digital adoption in the financial industry to boost productivity growth and business expansion,” added Mr. Lim.