UOB Malaysia and The FinLab to help SMEs Through Digitalisation

UOB Malaysia and The FinLab1 today announced the launch of JomX, an initiative to help the Bank’s small- and medium-sized enterprise (SME) customers access a host of digital solutions to accelerate their gitalisation efforts amid COVID-19 challenges.

According to the ASEAN SME Transformation Study 2020 by UOB,Accenture and Dun & Bradstreet2 , small businesses across.

ASEAN are counting on technology to help them overcome the impact of the COVID-19 pandemic on their operations.

Technology was ranked the top investment priority for 2020 by twoin three (64 per cent) small businesses, including those who currently have cash flow concerns.

JomX has been built based on top digital pain points and priorities highlighted by SMEs from the first cohort of the Jom3  TransformProgramme (JTP)4 2021.

Under JomX, UOB  Malaysia  and The FinLab are partnering sevenJTP digital solution providers that specialise in digital solutions ranging from business-to-business (B2B) and business-to-customer e-commerce platforms, cloud accounting systems,artificial intelligence and data analytics solutions to robotic process automation, creative technology and marketing technology solutions. 

These partners are Auto Count, Dattel, Designs.AI, Dropee, Exabytes, OrangeFIN Asia and Otomate Me. Access to the digital solution partners will also be extended to the SME participants of the JTP 2021 on The FinLab Online platform5 .

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