BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Tech Talk  >  Can Fintechs Fix Finance Without Fixing the Banks?

Can Fintechs Fix Finance Without Fixing the Banks?

Mike Breen, Chief Commercial Officer, Audax

03-Jul-25 11:00

Can Fintechs Fix Finance Without Fixing the Banks?

Malaysia’s fintech scene is booming on the surface, but underneath, many startups are still stuck at the MVP stage, blocked by legacy systems, fragmented infrastructure, and regulatory red tape. Despite the KL20 vision of becoming the Silicon Valley of Asia, the disconnect between banks and startups remains a serious bottleneck.

We speak with Mike Breen, Chief Commercial Officer at Audax, as he talks to us about how real transformation begins inside the banks themselves. Backed by Standard Chartered, Audax helps turn slow-moving financial institutions into scalable, secure platforms that fintechs can plug into. We explore what it takes to bridge the gap between ambition and infrastructure, and what Malaysia must do to turn a thriving ecosystem into a truly integrated digital economy.

Produced by: Kishan Sivaswamy

Presented by: Richard Bradbury


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyCorporatesmarkets

Tags:  digital banksaudaxfintechstandard chartereddigital economy





Play / Pause

Listen now : Cruise Control: (REPEAT) Honda's first EV in Malaysia, the e:N1 is now...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Amy Blair, Founder & CEO of Batik Boutique, on building Malaysia’s only B Corp–certified batik brand and her vision to take it global.

12:00 PM

Popcorn Culture

(REPEAT) This week we review the latest creepy-child horror film to hit the scene, Zach Cregger’s Weapons, followed by a discussion about the different types of horror movies out there.

1:00 PM

Cruise Control

(REPEAT) Honda's first EV in Malaysia, the e:N1 is now available in the market? Is the car worth getting? Tune in to hear Daniel's thoughts on the car!

2:00 PM

Matt-Splained

(REPEAT) Rich and Matt explore the contradictions and myth of that eternal essential: sleep

3:00 PM

Earth Matters

(REPEAT) Asian elephants in Malaysia face mounting threats from habitat loss, conflict, and development, but hope lies in efforts to foster coexistence. This World Elephant Day, Dr. Wong Ee Phin and Prof. Ahimsa Campos-Arceiz share what it takes to live alongside these magnificent giants.

4:00 PM

Bar None

(REPEAT) Lauren Hoh Ruyi joins us to share her football journey so far and her observations of the women's game here.

5:00 PM

BBC World Service

This episode of The Conversation features two women who are helping design affordable homes in Tanzania and Spain.