Al Rajhi Bank Malaysia (ARBM) has launch ed Rize, a first-of-its-kind digital bank.
Rize is built with state-of-the-art technology to provide a reimagined, end-to-end digital banking experience for its customers.
“A year ago, we shared ARBM’s vision to build a customer-focused digital bank and our aspiration to become the #1 Islamic innovation bank in Malaysia. Today, we are pleased to announce the launch of Al Rajhi Bank Malaysia’s digital bank—Rize,” Arsalaan (Oz) Ahmed, Chief Executive Officer of Al Rajhi Bank Malaysia said.
“Rize was conceived by our love for innovation for our customers.”
“At its core, Rize is a digital bank seeking to inspire and empower our customers—whom we call Rizers—to achieve their hopes and dreams and encourage friends and family to help them realise their goals. When Malaysians become Rizers, they get access to a reimagined banking experience powered by best-in-class technology. All a Rizers’ banking needs will be made available on their smartphone without the need to go to a physical branch,” he added.
A wide range of Rize services are available from today.
Key services by Rize are Personal Financing-i; Savings Pot;
There is an extensive product pipeline and more will be rolled out progressively, namely, deposits, withdrawals, and transfers; account management and personal finance management; debit card application, purchase, and maintenance; ATM services and eStatements; personal financing.
“From the get-go, we will offer a wide range of financial services as you download the app today. In time, we will have a robust marketplace powered by a market-leading embedded finance ecosystem. It is our hope that, with Rize, people will be able to discover— and achieve—their more. We are ready to serve all our new Rizers from today,” Oz concluded.
