kal logo mobile

  • Home
  • Newsletter
  • Careers
  • Contact

Bank scoops top innovation award thanks to the KAL RTM

KAL’s RTM has secured an innovation award for Malaysia’s Hong Leong Islamic Bank.

The Asset’s Triple A Digital Awards recognise financial institutions and technology firms that have excelled in innovating and developing a unique digital experience for customers across the Asia-Pacific region.

This year’s Most Innovative ATM Project award was given to Hong Leong Islamic Bank for its creative use of KAL’s RTM whereby the bank’s customers use the RTM to make religious charitable payments.

For the first time, Muslims in Malaysia have been able to pay their annual charitable fee - known as Zakat - using a debit card at the RTM, rather than cash. Government organisation Zakat Selangor was previously collecting all of the money in cash, which meant large volumes of cash being held on site. The government’s cashless program has encouraged the organisation to use the RTM to collect these funds via debit cards.

Christopher Martin, of Hong Leong Bank, welcomed the award, saying: “Congratulations to everyone who was involved in the cashless ATM project.”

Online magazine The Asset is Asia’s leading financial publication for issuers and investors.

FaLang translation system by Faboba

Upcoming Events

Self-service Banking Europe 2019, London, May 21-22

KAL is exhibiting at Self-Service Banking Europe 2019, which is billed as ‘the region’s premier ATM and self-service banking conference’....

Monex Summit Caspian, Azerbaijan, May 30-31

KAL is attending Monex, an annual event that brings together leading experts in banking, fintech and payment technologies. It is...

Convención Bancaria, Colombia, June 5-7

KAL is attending the Banking Convention which aims to strengthen relations between banking, industry and government in Colombia. Topics on...

ATMIA Middle East 2019, Dubai, June 25-26

KAL is exhibiting its software solutions at ATMIA Middle East. Under the spotlight this year are global trends in next...

ATM & Cyber Security 2019, London, October 8-9

KAL is exhibiting at this RBR event which is described as the world’s leading conference focused on physical and logical...

News Archive