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 : Popcorn Culture: (REPEAT) We review Zootopia 2 and then ask: What (or...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) We discuss how AI is shaping information, engagement, and credibility in the digital age with Kiron Kesav, Chief Strategy Officer, PHD APAC at OMG Malaysia.

12:00 PM

Popcorn Culture

(REPEAT) We review Zootopia 2 and then ask: What (or who) are your favourite on-screen animal characters?

1:00 PM

Cruise Control

(REPEAT) We talk about Perodua's new EV, the QV-E and the conversations surrounding it. Daniel also shares his thoughts on the recently launched luxury sedan from JAC, the Maestro S800.

2:00 PM

Matt-Splained

(REPEAT) We look at the benefits of pressure washing your brain, Matt’s morbid curiosity and Richard’s misconceptions about horror fans.

3:00 PM

Earth Matters

(REPEAT) We speak to Meenakshi Raman about what COP30 in Belém achieved, what fell short, and what the outcomes mean for global climate action.

4:00 PM

Bar None

(REPEAT) We look ahead to the upcoming SEA Games and Malaysia's chances in the tournament.

5:00 PM

BBC World Service

What kinds of food and drink help people keep warm while living in extreme cold? The Food Chain explores.