media release

FOR IMMEDIATE RELEASE

29 NOVEMBER 2022

AFFIN BANK, MdI AND BERRY PAY LAUNCHES THE FIRST E-LINSOLVENSI

MOBILE APPLICATION

KUALA LUMPUR: Affin Bank Berhad ("AFFIN BANK" or "the Bank") and Affin Islamic Bank Berhad ("AFFIN ISLAMIC") has entered into a tripartite collaboration with the Malaysian Department of Insolvency (MdI) and Berry Pay (M) Sdn. Bhd. (BerryPay) to launch the e- linsolvensi mobile application (mobile app).

The mobile app complements the existing web portal of the e-linsolvensi that offers online insolvency services and payment facilities to the public and MdI's stakeholders. The services and facilities are now accessible via the app, providing a personalised mobile experience to the public and stakeholders to perform their tasks more securely and conveniently. The app enables the public and stakeholders to conduct insolvency searches of individual bankrupts and companies and make payments for petitioning deposits, and monthly instalments or contributions anytime and anywhere. MdI has been providing e-payment services to the public and its stakeholders via Internet-bank GIRO (IBG) transfer, Financial Process Exchange (FPX) payment, JomPay and Card terminal. The mobile app will enhance public experience and is part of developing online digital options for greater access to MdI's services and facilities.

The official launch of the e-linsolvensi mobile app took place recently at the AFFIN BANK's new headquarters, Menara AFFIN @ TRX in Tun Razak Exchange (TRX). The launching ceremony was officiated by Director General of Insolvency, YBhg.Dato' Anita Harun, President

  • Group Chief Executive Officer, Affin Bank Berhad YBhg.Datuk Wan Razly Abdullah and Chief Executive Officer of BerryPay (M) Sdn. Bhd., Encik Azlan Shazmi Anwar.

BerryPay Malaysia, as one of the partners in this collaboration, is responsible to develop the e-linsolvensi mobile application. BerryPay Malaysia is a financial technology (fintech) company that offers digital financial solutions and mobile application development services.

They specialise in digital collection and payment solution, including e-government payment solutions.

President & Group Chief Executive Officer, Affin Bank Berhad Datuk Wan Razly Abdullah said, "We are honoured to be entrusted by MdI to be the "acquiring bank" for this new venture and this collaboration is one of the many Bank's efforts and commitment in supporting the aspiration of the Malaysian government's national initiative - MyDIGITAL and Malaysia Digital Economy Blueprint 2021-2025 as well as MdI Digitization Plan Success 2021-2025.

He added, "We are in the era of a digital transformation shift, which is why we are thrilled to work closely with MdI and BerryPay Malaysia on the new mobile app. With the new e- linsolvensi mobile app, users can easily access all features that are already on the official web portal and enjoy a seamless experience at their fingertips and make payments in a fast, secure and easy way."

The new e-linsolvensi app is publicly available on App Store, Google Playstore, Huawei App Gallery and GAMMA app "Galeri Aplikasi Mudah Alih Kerajaan Malaysia" starting on 21 October 2022.

-END-

About Affin Bank Berhad

Affin Bank Berhad (AFFIN BANK) is the financial holding company of Affin Islamic Bank Berhad, Affin Hwang Investment Bank Berhad, Affin Moneybrokers Sdn Bhd and AXA AFFIN Life Insurance Berhad. AXA AFFIN General Insurance Berhad is an associate company of Affin Bank Berhad.

AFFIN BANK provides a suite of financial products and services that is catered to both retail and corporate customers. The target business segments are categorized under key business units such as Community Banking, Enterprise Banking, Corporate Banking and Treasury. As at 21 November 2022, AFFIN BANK has a network of 116 branches in Malaysia.

For more information, please contact:

Amirah Aliah Azlan

Archanaa Vijayaraman

Assistant Manager, Strategic Communications

Assistant Manager, Strategic Communications

Contact Number: +60123688359

Contact Number: +60173850188

E-mail: amirahaliah@affinbank.com.my

E-mail: archanaa@affinbank.com.my

Sharifah Syahirah Syed Azlan

Assistant Manager, Strategic Communications

Contact Number: +60162641675

E-mail: sharifahsyahirah.azlan@affingroup.com

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Affin Bank Berhad published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 09:23:22 UTC.