This article first appeared in The Edge Financial Daily on May 26, 2017

KUALA LUMPUR: Public Bank Bhd clinched four awards at the recent Malaysian e-Payments Excellence Awards 2017 (MEEA) for its contribution to the growth of e-payments in the country.

Public Bank was named the Best e-Payment Bank, an inaugural award to recognise the bank that has pushed forward the e-payment agenda in all aspects including usage, acceptance, growth, reliability and customer experience.

“According to Malaysian Electronic Clearing Corp Sdn Bhd (MyClear), this top accolade of the Malaysian ePayments [Execellence] Awards 2017 is only given to the bank that displayed strength, growth, outstanding initiative and consistency across all e-Payment products,” said Public Bank in a statement yesterday. The MEEA is organised annually by MyClear, a wholly-owned subsidiary of Bank Negara Malaysia.

The other three awards won by Public Bank were the Best MyDebit Bank award, the Outstanding Contribution to Financial Process Exchange award and the Outstanding Contribution to MyDebit award.

“Public Bank will continue to put in all efforts to boost the country’s migration to electronic payments by introducing more e-payment initiatives and enhancing its digital banking platform to improve customer experience. It will also explore new fintech (financial technology) collaboration initiatives,” said Public Bank managing director and chief executive officer Tan Sri Tay Ah Lek in the statement.