Finezza

NOVEMBER 18, 2024

According to a recent Business Standard report, non-banking financial companies (NBFCs) focusing on microfinance may face higher credit costs due to increasing loan delinquencies. Did you know that rising loan delinquency rates can lead to significant opportunity costs and damage the reputation of Microfinance Institutions (MFIs)?

Non-Bank 52

Non-Bank Posting 52

The Fintech Times

NOVEMBER 16, 2024

By providing users with the ability to hold and spend balances on MoonPay’s direct integration with non-custodial wallets and exchanges, it removes the need for complex processes and costly intermediaries, providing a more efficient, user-friendly and affordable experience.

Non-Bank 73

Non-Bank RTP Wires Wire 73

Fintech News

OCTOBER 1, 2024

Datuk Yee was appointed as a Non-Independent Non-Executive Director of Maybank in November 2023, and then to the Maybank Singapore board in August 2024. His career spans audit, equity research, and investment banking. Maybank Singapore Limited has named Datuk Yee Yang Chien as its new Chairman, effective 1 October 2024.

Non-Bank 91

Non-Bank Audit Research Innovation 91

Finezza

JUNE 14, 2024

In the last five years, the lending industry has grown increasingly competitive, with banks, lending platforms, payment apps, and non-banking financial companies (NBFCs) competing for a piece of the pie.

Non-Bank 97

Non-Bank Posting Payments FinTech 97

Fintech News

AUGUST 14, 2024

Lee Wai Fai This strategic move aims to maintain the bank’s cost-to-income ratio at 40% by 2026, according to Group Chief Financial Officer Lee Wai Fai. The bank anticipates non-interest income contributing 37% of overall income by 2026, driven by growth in wealth management, trade finance, and customer treasury services.

Non-Bank 122

Non-Bank Treasury Cash Management Returns 122

Fintech Finance

NOVEMBER 13, 2024

Unlike centralized exchanges and traditional fintech companies, MoonPay Balance empowers users with the ability to hold and spend balances on MoonPay’s direct integration with non-custodial wallets and exchanges through MoonPay. In the future, users can expect their non-custodial crypto wallets to serve as their primary bank accounts.

Payment Solutions 83

Payment Solutions Non-Bank Payments RTP 83

Finezza

FEBRUARY 9, 2024

The lending business has become much more competitive over the last few years, with banks, Non-Banking Financial Companies (NBFCs), neo-banks, and even newer players, such as payment apps, vying to expand their customer base.

Non-Bank 108

Non-Bank Posting Payments 108

Finezza

OCTOBER 25, 2024

The rapid advances in fintechs and their adoption have led regulatory bodies such as the Reserve Bank of India (RBI) to scrutinise the digital lending guidelines closely to limit compliance breaches. Also, earlier this […] The post Is Your Loan Management System Meeting Regulatory Compliance Standards?

Regulatory Compliance 52

Regulatory Compliance Compliance Non-Bank Breach 52

Fintech News

MAY 19, 2024

The bank, listed in Ho Chi Minh City, intends to offer the shares at 34,500-36,000 dong (US$1.36-US$1.40) This move values the bank at approximately 53.5 The sale faces significant hurdles due to regulatory limits on foreign ownership in Vietnamese banks, capped at 30%. trillion dong (US$2.1

Non-Bank 115

Non-Bank Caps Agreements Volume 115

Open Banking Excellence

AUGUST 6, 2024

Non-members should email billie.pursey@thepaymentsassociation.org to register (subject to approval). Helen Child Founder and CEO at Open Banking Excellence The post PA Edinburgh appeared first on Open Banking Excellence. For venue accessibility information please visit: [link] I want to Attend!

Non-Bank 130

Non-Bank FinTech Posting Payments 130

Fintech Finance

JULY 16, 2024

The Financial Stability Board (FSB) published today, for public consultation, its proposed recommendations to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.

Cross-Border Payments 94

Cross-Border Payments Cross-Border Consulting Regulations 94

Finezza

NOVEMBER 3, 2024

Did you know that Non-Banking Financial Companies (NBFCs) can leverage data and digitisation to facilitate lending? It is […] The post What is the India Fintech Stack: A Guide to Seamless Digital Lending for NBFCs? It is […] The post What is the India Fintech Stack: A Guide to Seamless Digital Lending for NBFCs?

Financial Inclusion 52

Financial Inclusion FinTech Non-Bank Facilitators 52

Finezza

OCTOBER 20, 2024

Today, a growing number of Non-banking Financial Companies (NBFCs) face immense pressure to drive higher returns. In the pursuit of this goal, some NBFCs are engaging in irregular practices, which can invite strict action by the Reserve Bank of India (RBI).

Non-Bank 52

Non-Bank Returns Posting 52

FICO

MARCH 22, 2022

The pandemic impacted the financial situation of SME’s in various ways, including the need to suddenly adopt digital banking channels, arrange repayment deferrals and of course an increased need for lending; a need which is increasingly being targeted by new lenders offering a simplified digital lending process.

Posting 52

Posting Origination APACS Small Business 52

Fintech News

NOVEMBER 11, 2024

The Bank for International Settlements ( BIS ) has announced the appointment of Pablo Hernández de Cos as its next General Manager. Hernández de Cos brings extensive experience in central banking and international finance. His five-year term will begin on 1 July 2025, succeeding Agustín Carstens, whose tenure concludes in June 2025.

Central Bank 85

Central Bank Non-Bank Settlement Innovation 85

Finezza

DECEMBER 4, 2023

Non-Banking Financial Companies (NBFCs) are making a behind-the-scene yet significant impact on the Indian economy. Despite not having a traditional banking license, they promote financial inclusion, support economic development, enhance innovation, and deepen financial markets.

Financial Inclusion 103

Financial Inclusion Non-Bank Economy Innovation 103

The Fintech Times

OCTOBER 21, 2024

According to the BPC report, ‘ Next-Generation Card Processing ‘, new card processors, driven by technological innovation and the growing influence of non-bank entities like retailers and gig economy platforms, are gaining significant momentum. per cent in 2021 to four per cent by 2024.

Processors 52

Processors Payment APIs and Integration FinTech Non-Bank 52

Open Banking Excellence

MAY 23, 2024

Following this announcement, the Konsentus Q1 2024 TPP tracker has revealed an overall growth in the European third parties that are regulated to provide Open Banking services around their domestic market, as well as an overall increase in TPPs authorised to initiate payments and transactions on an account holder’s behalf.

Cross-Border 130

Cross-Border Cross-Border Payments Non-Bank Regulations 130

FICO

JANUARY 6, 2021

Posts dealing with debt collection were among the most popular on the FICO Blog last year, for obvious reasons. Here were the five most popular posts in this category last year: #1. Bruce Curry brought his experience to bear in a series of posts, beginning with this one. there will be large books that need to be worked.

Posting 98

Posting Credit Risk Risk Returns 98

Finezza

AUGUST 15, 2024

The growth of Non-Performing Assets (NPAs) continues to be a top concern for digital lenders, today. According to reports, Indian banks continue to face challenges in recovering debt. India’s 39 Debt Recovery Tribunals (DRTs) and five Debt Recovery Appellate Tribunals (DRATs) struggle to cope with the volume of cases.

Non-Bank 59

Non-Bank Volume Continuity Posting 59

Segpay

OCTOBER 23, 2024

Payment processors and banks are now enforcing stricter rules to maintain their own compliance, which directly impacts adult businesses. The article emphasizes the need for businesses to stay updated on these changes, especially concerning age verification, content moderation, and banking regulations.

Compliance 78

Compliance Non-Bank Legal Processors 78

Fintech News

NOVEMBER 11, 2024

Revenue of digital financial services in Southeast Asia by vertical, Source: 2024 e-Conomy SEA, Google, Temasek and Bank and Company, Nov 2024 Digital lending: the main driver of fintech revenue In particular, digital lending remained the biggest revenue driver in Southeast Asia’s DFS industry. fold between 2022 and 2024 to US$11 billion.

NOV 126

NOV Non-Bank Debit Card P2P 126

Fintech Finance

NOVEMBER 1, 2024

The rise of non-card payment methods — such as digital wallets, bank transfers, and QR-based payments — underscores the need for businesses to adopt flexible, low-cost solutions to stay competitive. As non-card payment methods gain rapid traction, over 50% of digital commerce volumes in APAC now come from non-card methods.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Real Time Payments APACS 96

Fintech Finance

OCTOBER 21, 2024

Over the past year Wise Platform , Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.

Cross-Border 97

Cross-Border Global Payments Cross-Border Payments Multi-Currency 97

Fintech Finance

NOVEMBER 20, 2024

As payment methods continue to evolve, many are also turning to new ways to access cash, with growth in the use of non-branch channels like banking hubs and Post Offices – though ATMs remain the most popular cash access service. in fees in the last twelve months alone (compared to before launch).

ATM 95

ATM Push-to-Card Payments Non-Bank 95

Fintech News

OCTOBER 20, 2024

DBS Bank has introduced DBS Token Services, a suite of banking services that uses blockchain technology to offer faster and more efficient transactions for institutional clients. Featured image credit: Edited from Freepik The post DBS Drives Innovation with Blockchain Services for Institutions appeared first on Fintech Singapore.

Blockchain 106

Blockchain Innovation Liquidity Management Multi-Currency 106

Fintech News

NOVEMBER 5, 2024

He is joined by Deputy Chairs Leong Sing Chiong, MAS Deputy Managing Director, and Neil Parekh, Nominated Member of Parliament and Non-Executive Chairman at Tikehau Capital. The post Ravi Menon to Chair GFTN, Former Central Bank Governors Join Advisory Board appeared first on Fintech Singapore.

Central Bank 99

Central Bank Non-Bank Finance FinTech 99

Finezza

JANUARY 4, 2024

A combination of superior risk assessment, fraud detection capabilities, and quick and accurate underwriting turnaround can transform a lender’s success rate with borrowers and reduce non-performing assets. Access to superior data plays an important role in this process.

Transactions 94

Transactions Fraud Detection Risk Assessment Underwriting 94

Fintech Finance

OCTOBER 17, 2024

Traditional banks and money transfer operators, once dominant players, are now losing market share to agile global fintechs, local remittance providers, superapps, and even non-financial firms such as retailers and telecommunications companies.

Cross-Border 89

Cross-Border Non-Bank Processors Issuers 89

Fintech News

MAY 15, 2024

Singaporean multinational technology company Grab Holdings released its unaudited financial results for the first quarter ended 31 March 2024, revealing a significant increase in customer deposits in its digital bank business. As of 31 March 2024, around 80% of GXS Bank’s FlexiLoan customers were also Grab users.

Non-Bank 134

Non-Bank Credit Risk Compliance Risk 134

Fintech News

NOVEMBER 10, 2024

The Protection from Scams Bill, introduced by the Ministry of Home Affairs (MHA), will empower the Singapore police to temporarily restrict banking transactions when they believe someone is about to be scammed. However, it can also apply to accounts with non-D-SIBs if there is reason to believe those accounts are involved in the scam.

Scams 108

Scams Accounts Non-Bank Assessments 108

Fintech Finance

NOVEMBER 19, 2024

Morgan Payments will provide Payhawk with several banking services through its API, including access to bank accounts in multiple currencies and for the safeguarding of funds, and domestic payment rails. The post Payhawk and J.P. Working with J.P. Morgan Payments.

Innovation 87

Innovation Payments Payment Networks Non-Bank 87

Fintech Review

NOVEMBER 15, 2024

The latest version of its non-custodial DeFi app elevates it into a decentralized banking ecosystem with a host of new features including a crypto debit card. Multi-chain deposits, yield-earning options, seamless worldwide spending, and gamified educational features support a robust suite of alternative banking services.

Debit Card 52

Debit Card Non-Bank Online and Mobile Banking Stablecoins 52

FICO

JANUARY 7, 2019

Here are the five posts with the most views. In the first post, TJ discussed the use of supervised and unsupervised models. Each transaction is tagged as either fraud or non-fraud. Unsupervised models are designed to spot anomalous behavior in cases where tagged transaction data is relatively thin or non-existent.

Posting 74

Posting AI Fraud Detection Security 74

The Fintech Times

APRIL 9, 2024

This April, The Fintech Times is focusing on all things embedded finance, the integration of financial services into non-financial products and services. Banking-as-a-Service (BaaS) describes the concept that enables non-bank platforms to access banking capabilities traditionally only offered by licensed banks.

Financial Inclusion 119

Financial Inclusion Underserved Non-Bank Embedded Finance 119

Fintech Finance

OCTOBER 23, 2024

Trustly , the global leader in Open Banking Payments, is on track towards processing $100 billion in Total Payments Value (TPV) in 2024, underscoring a substantial shift in the payments industry as merchants worldwide continue to explore card alternatives. In the past year, Trustly, Inc.’s s guaranteed payments have grown by 50% in volume.

Process 91

Process Non-Bank FedNow RTP 91

Fintech News

AUGUST 20, 2024

A mix of Thai and regional business groups, including SeaMoney Thailand, SCB X, CP Group, Gulf Energy, and VGI, are preparing to apply for virtual bank licences from the Bank of Thailand, according to the Bangkok Post. The application deadline is 19 September.

Non-Bank 77

Non-Bank Caps Posting Service Provider 77