Since we entered the digital economy, more and more digitalization of the product is being replaced by physical products as the preferred choice or completely phasing out the physical product, or shrinking the demand for physical product. For instance, CD, DVD, Blue-Ray disk, printed book, newspaper, magazines, travel guide and encyclopedia. Phones have become smartphones,
Under the latest news, Malaysia Islamic banking is undergoing change with the government propose merge of Bank Islam, Bank Simpanan and Bank Muamalat. Since this three bank is mainly in serving civil servant, and the impact for after merge for “right sizing” (to eliminate branch and job duplication) , it most likely to take place after
Mobile application replacing bank branches and young generation prefer apps The need for more bank branches and cash to serve more bank customer generation is gone. As young generation prefer mobile application and internet for digital and ebanking. Mobile banking app globally rise as banker recognised the mega trend and young generation bank customer prefer