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HLB and DCAP Digital Collaborate to Boost SME Lending and Financial Inclusion with Cutting-Edge AI

Business

HLB and DCAP Digital Collaborate to Boost SME Lending and Financial Inclusion with Cutting-Edge AI
Business

Business

HLB and DCAP Digital Collaborate to Boost SME Lending and Financial Inclusion with Cutting-Edge AI

2025-06-13 15:22 Last Updated At:15:45

KUALA LUMPUR, Malaysia, June 13, 2025 /PRNewswire/ -- Aligned with its continuous efforts to support the SME ecosystem and offer tailored financial solutions to empower business development, Hong Leong Bank ("HLB" or the "Bank") has signed a Memorandum of Understanding ("MoU") with DCAP Digital Sdn Bhd ("DCAP Digital"), enhancing its SME lending solutions infrastructure and driving financial inclusion for underbanked communities in Malaysia.

Founded in 2020, DCAP Digital specializes in providing transparent and fair credit solutions through its full-stack Lending-as-a-Service ("LaaS") platform, offering an ecosystem for capital deployment into high-quality, pre-vetted borrowers alongside innovative digital tools that ensure efficiency, transparency, and compliance to regulatory requirements.

Through this collaboration, HLB aims to leverage DCAP Digital's expertise in LaaS solutions, and especially its proprietary AI-driven credit scoring engine designed for more accurate and inclusive credit assessments, combining them with the Bank's robust financial solutions and extensive reach within the consumer financing and mobility (motorcycles and EVs) sectors to provide tailor-made lending solutions that are catered towards the customers' unique business and financing need. 

In May 2025 alone, over 61,000 motorcycles were newly registered in Malaysia, underscoring the dynamic nature and consistent demand within this market, yet one of the significant challenges in motorcycle financing, particularly for underbanked segments, often lies in efficiently establishing robust credit profiles and streamlining the Know-Your-Customer (KYC) processes.

"This represents a big step forward for HLB in terms of enhancing our lending services, as we continuously look to streamline our financing processes to better serve our dynamic pool of business customers", commented Woon Siew Hoong, HLB's Head of SME Banking.

"Aligned with our brand promise of being Built Around You, we are committed to maintaining a comprehensive suite of banking solutions that are designed to suit our customers' diverse needs, while ensuring the solutions are deployed in an efficient and seamless manner. Our partnership with DCAP Digital is a major milestone in this journey, where we combine AI integration, digital innovation, extensive market penetration, and tailored financing solutions to provide a truly enhanced customer experience."

With this partnership with DCAP Digital, HLB will primarily look to support its growing pool of motorcycle dealer customers, assisting them with seamless loan application processing and accelerated access into the Bank's Dealer Hire Purchase Program. HLB will also leverage on DCAP Digital's ecosystem to provide dealers with other relevant financing solutions, including cash management solutions, bank acceptance, and trade line services.

Sonia Ng, Co-Founder & CEO of DCAP Digital added, "We are thrilled to partner with HLB to further our mission of promoting financial inclusion through AI-powered credit solutions. This collaboration merges HLB's financial strength with our technology-driven approach, promoting seamless experiences, smart SME transformation and sustainable growth across the motorcycle ecosystem."

The collaboration will also involve joint promotional activities, such as workshops, seminars, and marketing campaigns to amplify visibility within the motorcycle industry, and training sessions for dealers on application best practices.

For more information, please visit www.hlb.com.my

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

HLB and DCAP Digital Collaborate to Boost SME Lending and Financial Inclusion with Cutting-Edge AI

HLB and DCAP Digital Collaborate to Boost SME Lending and Financial Inclusion with Cutting-Edge AI

NEW YORK, July 8, 2025 /PRNewswire/ -- AI workplace technology brand viaim has announced a global Prime Day promotion, offering at least 20 percent off across its entire product lineup from July 7 through July 19. The promotion features its flagship recording earbuds RecDot, the comfort-focused OpenNote, and the desktop companion NoteKit. Together, these tools form a seamless AI-powered productivity hardware suite built for multilingual, mobile, and high-compliance professional environments. More than just earbuds, these tools mark a step toward bringing AI into the everyday routines of global professionals.

viaim hardware is engineered for real-time efficiency. Using FlashRecord, users can start recording immediately with a long press, without having to download any app or configure Bluetooth pairing, with all products supporting real-time transcription and translation in multiple languages. For time-strapped users, viaim's proprietary AI system automatically generates structured summaries and to-do lists based on meeting audio. This allows professionals to turn two hours of content into one minute of actionable output. By embedding intelligence directly into devices people already wear and trust, viaim is making AI practical, wearable, and truly personal.

During Prime Day, customers can experience viaim's most advanced features through its three-device ecosystem. RecDot is a wireless AI recording earbud designed for professionals who need reliable, on-the-go capture of conversations and meetings. It delivers call and meeting recording with 48 decibels of hybrid noise cancellation and ergonomic controls. OpenNote is a long-wear headset built for all-day comfort and seamless transcription during travel or work. It lasts up to 53 hours and features AI-assisted meeting summaries and text clean-up, and a silicone loop design suitable for long-term wearers including glasses users. NoteKit is a lightweight USB audio recorder tailored for desktop setups and hybrid meetings that complements the suite by capturing high-fidelity audio in any computer-based setting and bridging gaps that traditional microphones often miss.

viaim's vertical approach to product design is what sets it apart. Rather than offering generic features, viaim optimizes for professional needs such as cross-border meetings, multilingual project reviews, and sensitive industry use cases such as legal and healthcare. The entire ecosystem is built with privacy at its core. Recordings are encrypted and stored locally, with no cloud dependency. All devices meet HIPAA and GDPR data compliance standards, directly addressing concerns from 38.6 percent of users who worry about recording privacy, as shown in recent user surveys.

Alex Taylor, a cross-border M&A consultant and part-time outdoor content creator, uses RecDot and NoteKit to manage over ten international meetings a week. He records compliant audit calls on the go, captures bilingual Zoom negotiations, and uses OpenNote to draft content while cycling coastal highways. In his words, the viaim setup gives him the freedom to work and create anywhere, without compromise.

Ahead of Prime Day, Dr. Song Wang, Chief Technology Officer of viaim, emphasized the growing market demand: "Our research shows that North American users have increased their recording time by 120 percent year-over-year, yet over half of meeting value is still lost in disorganized notes. With viaim, clients in finance are closing compliance reporting 40 percent faster, and tech teams are making decisions 2.1 times more efficiently."

The Prime Day sale is available through Amazon at https://www.amazon.com/dp/B0F7KMG9F5 and viaim's official store at https://store.viaim.ai.

About viaim

viaim is an AI-driven technology company focused on intelligent workplace hardware for global professionals. With users in over 180 countries, viaim combines precision acoustics, real-time translation, and local-first data security to create tools that work across languages, industries, and time zones.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

viaim Offers Prime Day Deals on AI-Powered Recording Tools for Global, Privacy-First Workflows

viaim Offers Prime Day Deals on AI-Powered Recording Tools for Global, Privacy-First Workflows

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