GX Bank records over 750,000 customers, 13 mil transactions since its launch

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Malaysia’s first digital banking services provider GX Bank Bhd has recorded over 750,000 customers who have opened over 800,000 "savings pockets” or wallets.

Speaking at the launch ceremony of the GX Bank Headquarters and GX Bank Centre of Excellence on Friday (Aug 2), GX Bank chairman Datuk Zaiton Mohd Hassan said the digital bank has also achieved more than 13 million transactions collectively through GX cards and QR (quick-response) code scans.

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Transcript
00:00We have officially launched the GX for All initiative by giving away GX cards.
00:05From only 100,000 users in the first two weeks of our bank launch in November last year,
00:17we have now recorded more than 750,000 users.
00:30Users who have opened more than 800,000 savings pockets.
00:42This is our goal, ladies and gentlemen, to educate our people to save.
00:49And this is the main goal of the pocket.
00:54And this number is increasing.
00:57We have also broken more than 13 million transactions through GX cards and QR codes.
01:07This is a sign of joint support for GX Bank.
01:12I am very touched by this achievement.
01:16I and the GX Bank team would like to thank Malaysia for the trust given to us.
01:27Malaysia is making giant strides in this direction.
01:31As outlined in the nation's KL20 vision,
01:35the aim is to create an environment that nurtures talent and attracts investment,
01:40making Malaysia a leading centre for entrepreneurship and innovation in the ASEAN region.
01:47The inauguration of our office and the launch of GX in Totsamoa
01:51represents the next step in our alignment to the KL20 vision.
01:56With the RM1.5 billion which we have committed to spurring Malaysia's digital banking industry
02:04over the next five years,
02:06this is an extension of our commitment to establish Malaysia as a global technology and innovation force.
02:13Coupled with the progressive government policies and strong infrastructure in place,
02:19we will make Malaysia a force to be reckoned with in the financial and digital economy.
02:25GX in Totsamoa is committed to unlocking Malaysia's full potential in the digital finance landscape.
02:33We will nurture local talent through knowledge exchange,
02:36establish industry benchmarks and cultivate a thriving ecosystem for tech-based innovation.
02:43By encouraging technology entrepreneurship and exploring cutting-edge solutions,
02:49we aim to shape the future of digital finance.
02:53Some of the exciting developments we are looking forward to
02:57are AI-based solutions for risk and fraud management,
03:01and personal and micro SME lending solutions.
03:06This space will be more than just a physical presence.
03:09It embodies our spirit of dedication, innovation, empowerment and the pursuit of excellence
03:16to help every Malaysian achieve their desired financial future.
03:23For more UN videos visit www.un.org

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