audax

💡 The Future of Banking is Digital, Inclusive, and Sharia-Compliant Islamic banking is rapidly growing in ASEAN, driven by the demand for ethical, Sharia-compliant financial solutions. At audax, we’re proud to be at the heart of this transformation, providing the digital banking infrastructure and expertise that help banks meet the unique needs of Islamic finance. Through our collaboration with Maybank Islamic and Amazon Web Services (AWS), we're driving digital change that enhances both customer experience and operational efficiency. Islamic banking focuses on profit-sharing models instead of traditional interest, ensuring products are ethical and cater to Indonesia’s predominantly Muslim population. This approach requires a deeper understanding of both technology and financial principles. “A significant part of audax's approach is not only modernising the digital system but also tailoring the product suite to meet Islamic financial standards,” said Indra Salim, Director of Sales and Partnerships at audax, highlighting how we bridge the gap between digital innovation and Sharia-compliant solutions. Thank you Gusty da Costa, Indonesia Business Post for the interview. 👀 Read the interview article here: https://lnkd.in/gv8QRGAh 👉  Learn more about how we are making banking inclusive for everyone:   https://lnkd.in/gBuEPHWG #audax #yeswecanlah #IslamicBanking #IslamicFinance #ShariaCompliant #DigitalBanking #FinancialInclusion #EthicalBanking #InnovationinBanking #FutureofBanking

Wrapping up the week in Jakarta with our roundtable, "Powering Digital Banking in Indonesia". Indra Salim, Director of Sales and Partnerships at audax, shared insights on market trends in Indonesia, the challenges banks face, and strategies to empower banks to accelerate digital transformation and promote financial inclusion 💡 Key Takeaways from the Session 🚀: 📊 Market trends in Indonesia • 78% of Indonesian bank customers engage digitally more than once a month. • Embedded finance is expected to grow at a CAGR of 32.4% until 2029. • The Islamic Fintech market is projected to reach $306B by 2027. 💡 How can banks in Indonesia stay ahead? • Boost Return on Equity (ROE) through digital innovation to drive greater efficiency and profitability • Modernise legacy systems to unlock new growth opportunities and increase agility • Adopt cutting-edge digital frameworks to stay ahead of competitors and meet evolving customer demands A big thank you to all participants for making this event a success! 🎉 As we recognise the challenges banks face in this evolving landscape, discover how our digital banking solutions are helping you meet customer needs and stay competitive: https://lnkd.in/gg-nH--F Mike Breen Wenting Chen #audax #yeswecanlah #islamicbanking #banking #digitaltransformation #indonesia

The Asia Pacific Islamic banking sector is experiencing remarkable growth, with Malaysia and Indonesia leading the charge in the region’s Islamic banking revolution. 🌏 Driven by a growing demand for Sharia-compliant financial solutions, the sector presents significant opportunities for innovation and expansion. The Islamic finance market is booming, and digital platforms play a crucial role in helping Islamic banks meet the rising expectations of customers. 🔗 Read more on the Islamic Banking Revolution here: https://lnkd.in/g2xPymBe As the Islamic banking industry continues to evolve, we are committed to supporting banks, by providing cutting-edge digital platforms that enable seamless, innovative experiences. 🔍 Discover how audax is transforming innovation in Islamic banking: https://lnkd.in/gk53w8Sh #audax #yeswecanlah #IslamicBanking #AsiaPacific #Malaysia #Indonesia #BaaS #DigitalBanking #IslamicFinance

What's the key 🔑 to a breakthrough in Malaysia's Digital Islamic Banking sector? Join Fintech News Malaysia - part of Fintech News Network and audax for an insightful session where we will explore how to revolutionise digital Islamic banking to meet evolving customer needs within Malaysia's Islamic banking sector in the digital age. ✨ This event is exclusively for professionals working in banks. Pre-registration and approval are required — interested participants must complete the registration form for consideration. 📅 Register for the event here: https://lnkd.in/dkUEfNaq Speakers include: Muazzam Mohamed, Group CEO of Bank Islam Malaysia Berhad Rafiza Ghazali, CEO of KAF Group Mike Breen, CCO of audax Taruni Ramamurthi, Head of FSI - Indonesia, Malaysia & Philippines, Amazon Web Services (AWS) #audax #yeswecanlah #IslamicBanking #DigitalBanking #Malaysia

Welcoming the #YearOfTheSnake at audax 🐍 Gong Xi Fa Cai to all! 🍊🧧 We kicked off the Lunar New Year of the Snake with a vibrant lion dance and a traditional Lo-Hei at the office. The start of CNY has been exciting with a couple of key announcements and new partnerships, and we’re looking forward to even more milestones ahead in 2025. Wishing everyone a prosperous year ahead, filled with success, innovation, and exciting opportunities. Here’s to making the Year of the Snake one of our best yet! 🌟 #audax #yeswecanlah #chinesenewyear #yearofsnake #gongxifacai

🎙️ In the latest Mind Your Business Podcast with MoneyFM, our COO, Fernn Lim, dives into audax's mission to revolutionise digital banking. From pioneering new banking approaches to creating seamless, tech-driven solutions, Fernn reveals how audax is leading the digital banking transformation — especially through our customised plug-and-play models. When asked about her personal journey, juggling motherhood and leadership, Fernn shared her perspective on success, “Success is not about winning every game. Success is about staying in the game so you have one more shot to win at the next game.” Despite receiving plenty of leadership advice, Fernn has remained true to her vision, carving her own path and driving audax towards the next big milestone. 🎧 Tune in to hear more and catch the full episode here: https://lnkd.in/ghtszSbg #audax #YesWeCanLah #Podcast #DigitalBanking #BaaS #WomenInTech #BankingTransformation

"My primary motivation is to take on challenges that people think are unlikely to be achieved. I’ve failed many times in the past, but resilience is a defining factor of potential 🚀" — Kelvin Tan, CEO of Audax In the latest Money Matters podcast with MoneyFM, Kelvin Tan, CEO of audax, joins host Hongbin Jeong to share how his journey from the corporate world to founding audax is driven by resilience and a passion for tackling big challenges. Tune in to hear Kelvin discuss how audax is committed to democratising digital banking services, empowering banks and financial institutions to rapidly scale, modernise, and innovate — particularly by making advanced banking solutions more accessible to underserved markets, like Indonesia. 🎧 Listen to the full episode here: https://lnkd.in/g8ue5XWF 👉 Understand how we are making banking solutions more accessible for the underserved markets: https://lnkd.in/gyqeGb7B #audax #YesWeCanLah #Podcast #BankingServices #BaaS #DigitalBanking #FutureOfBanking #DigitalTransformation

What happens when you're told it can’t be done? At audax, we see it as an opportunity to innovate. 🚀 In the latest episode of the #PULSECheck podcast 🎙️, our CEO, Kelvin Tan joins Salomon Wettstein from Synpulse to discuss how Banking-as-a-Service (BaaS) is reshaping the financial landscape. Tune in to hear how audax evolved from a business within a bank to a thriving technology provider, turning scepticism into success. ✨ With our plug-and-play digital banking platform, audax powers you to modernise and scale in as fast as 6 months. We enable you to adopt innovative business models, such as Banking-as-a-Service (BaaS) and digital banking, designed to drive return on equity and unlock new revenue streams. 🔗 Discover how we can help you boost your ROE and scale rapidly: https://lnkd.in/gMWh8Pzf 🎧 Listen to Episode 13 of the #PULSECheck podcast now: • YouTube: https://lnkd.in/g-xPfpgZ • Apple Podcasts: https://lnkd.in/gBkQ49Fz • Spotify: https://lnkd.in/gaEE-br8 • Vimeo: https://lnkd.in/gP7wsybS #audax #yeswecanlah #BaaS #DigitalBanking #Partnerships #FutureOfFinance #DigitalTransformation #Podcast #PathtoProfitability

🚀 audax and Amazon Web Services (AWS) appointed to drive Maybank Islamic's Digital Transformation. Kelvin Tan, CEO of audax, commented, “This collaboration with Maybank Islamic underscores our commitment to driving digital transformation in Islamic banking, and banking as a whole. audax's platform will enable Maybank Islamic to deliver transformative customer experiences, ensuring they remain a leader in the rapidly evolving Islamic finance landscape." This collaboration enables: 🌍 The delivery of modern, customer-centric digital banking services built on AWS’s scalable and secure cloud infrastructure 💡Paperless, real-time onboarding and efficient account management for a seamless customer experience 📈 Access to the growing Islamic finance market, projected to reach US$4.94 trillion by 2025 with Southeast Asia contributing 22% of global asset 👉 Read the full announcement here: https://lnkd.in/g5e56srj Dato’ Muzzafar Hisham Ramadhan Fitri Ellias, PhD Akram Mackeen Peter Murray Mike Breen Indra Salim Leonard Pang Felix Thummernicht Taruni Ramamurthi Roziana Hamsawi Jean Zhuang Dawn Chin Fernn Lim Wenting Chen Man Ting Koh SC Ventures by Standard Chartered #audax #yeswecanlah #IslamicBanking #DigitalTransformation #Maybank #MaybankIslamic #CloudBanking #FinancialInclusion #BankingInnovation #FutureOfFinance #AWSCloud #SecureBanking #InnovationInBanking

Sharing our latest whitepaper on Cards-as-a-Service (CaaS), co-authored with Mastercard and Paymentology 🚀 In this paper, you'll explore how CaaS is a game-changer, enabling financial institutions to launch card programmes in days rather than months. Learn how cloud-native infrastructure makes issuing debit, credit, virtual, and tokenised cards faster, more scalable, and cost-effective—eliminating the need for heavy physical infrastructure investments. Mike Breen, Chief Commercial Officer at audax: "CaaS isn’t just about operational efficiency—it’s a strategic pivot that enables banks and fintechs to unlock new revenue streams, meet the expectations of digital-first consumers, and future-proof their payment capabilities.” Dive into how this partnership brings together: 👉 Paymentology’s expertise in secure transaction processing 👉 audax’s flexible, end-to-end platform 👉 Mastercard’s global payment network Whether you're a bank, financial institution or fintech looking to innovate, this whitepaper offers valuable insights into how CaaS is shaping the future of digital banking and payments. 🔍 Discover how CaaS can transform your card offerings today: https://lnkd.in/ggSqVm2F Kelvin Tan Fernn Lim Gaurang Shah Mo Madkour Nauman Hassan Merusha Naidu Becky Sales Nadia Benaissa Indra Salim Jianing Chen Junquan Yeo Wenting Chen Man Ting Koh #audax #DigitalBanking #Fintech #BankingasaService #BaaS #CardsAsAService #CaaS #EmbeddedFinance #PaymentSolutions #TechPartnership #Mastercard  #FinancialServices #DigitalPayments #Innovation