Technology

Hong Leong Bank Awarded Best Managed Bank in Malaysia by The Asian Banker, Group MD/CEO Kevin Lam Named Best Bank CEO in Malaysia

Published

3 months ago

May 15, 2026

KUALA LUMPUR, Malaysia, May 15, 2026 /PRNewswire/ — Hong Leong Bank (“HLB” or the “Bank”) has been named the Best Managed Bank in Malaysia at The Asian Banker (“TAB”) Global Leadership Achievement Awards 2026, attributed to the Bank modernizing its digital foundation, reducing dependency on legacy tech, and focusing on operational excellence and efficiency gains through its 3-5 year bankwide transformation plan.

Complementing this, Kevin Lam, HLB’s Group Managing Director and CEO, was also named the Best Bank CEO in Malaysia, recognizing his pivotal role in orchestrating the Bank’s transformation, including introducing a “Quantum Growth” goal that successfully transitioned HLB into a highly integrated, AI-driven financial institution. In its mission to deliver personalized banking solutions to its customers, the Bank implemented a “One Bank” strategy, eliminating legacy silos in favor of a unified, cross-functional ecosystem, which has yielded a market-leading Cost-to-Income Ratio (“CIR”) that has consistently hovered below the 40% mark, a benchmark for operational efficiency in the region.

This growth was achieved alongside impeccable asset quality, where HLB continues to report a Gross Impaired Loan (“GIL”) ratio of below 0.65%, significantly outperforming the industry average and demonstrating the Bank’s foundation of robust credit risk management and data-centric underwriting.

Reflecting on the milestone, Kevin Lam commented, “This recognition may seem like a finish line, but for us it’s a catalyst for our next phase of evolution. Our transformation journey was about building a future-ready infrastructure where AI and data-driven insights allow us to move from generic services to efficiently delivering hyper-personalized financial solutions. By integrating AI into the fabric of our bank, we are transitioning towards becoming a proactive partner. Whether through predictive wealth management or seamless digital onboarding journeys, our innovation is always anchored in our Built Around You promise, where we look for innovative solutions to cater to our customers’ diversified needs. Looking ahead, we will continue to pioneer products that don’t just meet market standards, but anticipate the specific, evolving needs of our customers in an increasingly complex global economy.”

TAB attributed the awards to the Bank’s disciplined navigation of a complex transformation, which has moved the institution from a position of stability to one of aggressive, tech-led growth. A central pillar of this recognition was the “One Bank” consolidated banking philosophy, which prioritized long-term customer outcomes through strategic branch transformation initiatives such as launching diversified branch models that cater to different segments of society, enabling the Bank to manage customers from across all segments effectively. For SME customers, HLB also offers solutions across their operations that meet the business owners’ personal banking and business banking needs.

This is most evident in HLB’s structured lifecycle migration model for SME banking, where growing retail SMEs are seamlessly transitioned to Commercial & Corporate Banking as they scale, ensuring the Bank retains holistic relationships by evolving alongside its clients rather than losing them to legacy institutional barriers.

The Bank has also consistently championed AI integration throughout its operations, and has recently democratised the use of AI by providing all its employees with access to AI tools, allowing employees to shift their focus from routine processing toward strategic problem-solving and high-value innovation.

HLB has recently accelerated its momentum through several strategic initiatives aimed at deepening its customer-centric ecosystem. Within the wealth management segment, HLB has enhanced its regional capabilities through a landmark strategic alliance between HLB Private Banking and Lombard Odier, blending global private banking excellence with local market insights. This was further complemented by the refresh of HLB Priority, which transitioned the affluent segment toward an advisory-led model focused on long-term stewardship. Simultaneously, the Bank elevated its Shariah-compliant offerings via the rebranding of HLB Islamic, introducing the Hayat @ HLB Islamic proposition to provide holistic, value-based financial solutions. To ensure physical accessibility remains a priority, the Bank also introduced the innovative Meet @ HLB branch concept, providing flexible banking services and specialized support within the heart of Malaysia’s growing townships.

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SOURCE Hong Leong Bank Berhad

Technology

LeanDNA Launches Demand Scenario Modeling in APEX, Replacing Spreadsheet Guesswork With Real-Time Production Feasibility

Published

39 minutes ago

August 25, 2026

New capability lets production planners test demand changes against live supply and BOM data in minutes, without exporting ERP data or risking live system records.

AUSTIN, Texas, Aug. 25, 2026 /PRNewswire/ — LeanDNA, a leading intelligent supply chain execution platform, today announced the general availability of Demand Scenario Modeling (DSM), a new capability within its APEX platform that lets production planners, buyers, and supply chain managers instantly test demand changes against real supply and Bill of Materials (BOM) data, without spreadsheets or system risk.

When forecasts shift, most production planners still turn to spreadsheets to find out whether production can support it: exporting ERP data, flattening multi-level BOMs, and reconciling supply just to answer one question — can we build this? The process is slow, error-prone, and disconnected from real-time system data, and it often produces false shortages that obscure the actual constraints.

Demand Scenario Modeling replaces that manual exercise with what-if analysis built directly into APEX. Production planners can model a demand change and immediately see which components truly constrain production, how many units can realistically be built, and where shortage risk increases, turning a process that has historically taken hours into a workflow measured in minutes.

Because DSM runs in a sandbox environment connected to live ERP and BOM data, planners can test and compare multiple scenarios, adjust quantities and dates, and recalculate instantly, without posting temporary plans or manipulating live records to get an answer. That combination of speed and system safety is central to how LeanDNA has built the capability.

“Production planners shouldn’t have to choose between speed and safety when they’re testing a demand change,” said Andy Ellenthal, CEO of LeanDNA. “Demand Scenario Modeling gives them both: an answer in minutes, grounded in the same supply and BOM data running their factory, without ever touching a live ERP record. It replaces guesswork with a repeatable way to say yes, no, or not yet with confidence.”

Demand Scenario Modeling is available now to APEX customers and is purpose-built for the tactical-to-mid-horizon planning window — roughly one to twelve months out — where production teams most often need to turn a demand question into a production commitment.

About LeanDNA

LeanDNA powers the world’s discrete manufacturing with a single source of truth for factory-first supply planning, materials management, and inventory optimization. APEX, the AI-powered expert execution platform from LeanDNA, transforms data into optimized decisions and action. LeanDNA empowers manufacturers in aerospace, HVAC,industrials, automotive, and medical to improve on-time delivery and working capital levels. Leading manufacturers including Caterpillar, Daikin Applied, Safran, and Siemens use APEX for supply chain orchestration to gain visibility into current and incoming materials, take action based on inventory criticality, collaborate in real time with suppliers, and track progress toward inventory optimization goals. Learn more at LeanDNA.com.

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SOURCE LeanDNA Inc

Technology

OppFi to Participate in September 2026 Conferences

Published

39 minutes ago

August 25, 2026

CHICAGO, Aug. 25, 2026 /PRNewswire/ — OppFi Inc. (NYSE: OPFI) (“OppFi” or the “Company”), a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans, today announced that management will participate in the following conferences in September 2026:

Oppenheimer Fintech Leaders Conference
Location: New York
Date: September 15, 2026

U.S. Bancorp | BTIG Consumer Finance Conference 2026
Location: Boston
Date: September 17, 2026

To schedule a meeting with OppFi, please reach out to your Oppenheimer or BTIG representatives.

About OppFi
OppFi (NYSE: OPFI) is a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans. Through a transparent and responsible platform, which includes financial inclusion and excellent customer experience, the Company supports consumers who are turned away by mainstream options to build better financial health. OppLoans by OppFi maintains a 4.4/5.0 star rating on Trustpilot with more than 5,400 reviews, making the Company one of the top consumer-rated financial platforms online. OppFi also holds a 35% equity interest in Bitty Holdings, LLC (“Bitty”), a credit access company that offers revenue-based financing and other working capital solutions to small businesses. For more information, please visit oppfi.com.

Investors:

investors@oppfi.com

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SOURCE OppFi

Technology

Zillow Group to present at Goldman Sachs Communacopia + Technology Conference

Published

39 minutes ago

August 25, 2026

SEATTLE, Aug. 25, 2026 /PRNewswire/ — Zillow Group, Inc. (Nasdaq: Z and ZG), which is transforming the way people buy, sell, rent and finance homes, today announced Zillow Group will present at this year’s Goldman Sachs Communacopia + Technology Conference in San Francisco.

Chief Operating Officer & Chief Financial Officer Jeremy Hofmann will participate in a fireside chat on Thursday, Sept. 10, at 10:50 a.m. PT / 1:50 p.m. ET.

Register and access the live webcast here. Live and recorded versions of the webcast will also be available under the Events & Presentations section on Zillow Group’s Investor Relations website.

About Zillow Group:

Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.

As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.

Zillow’s ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.

Zillow Group’s affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2026 MFTB Holdco, Inc., a Zillow affiliate.

(ZFIN)

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SOURCE Zillow Group, Inc.