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

Fintech News

NOVEMBER 6, 2024

Jeel, the digital innovation arm of Riyad Bank, and audax Financial Technology , backed by Standard Chartered, have announced a strategic partnership to modernise Saudi Arabia’s banking sector. It also offers adaptability for non-bank entities, extending the benefits of digital transformation beyond traditional banking.

Non-Bank 87

Non-Bank Underwriting Real Time Payments Facilitators 87

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 85

Non-Bank Audit Research Innovation 85

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 119

Non-Bank Treasury Cash Management Returns 119

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 111

Non-Bank Caps Agreements Facilitators 111

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 84

Cross-Border Payments Cross-Border Consulting Regulations 84

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

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

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 APACS Origination Small Business 52

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

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 72

Payment Solutions Non-Bank Payments RTP 72

Fintech News

NOVEMBER 21, 2024

A staggering 67% of global banks are experiencing client abandonment during the KYC onboarding process, marking a significant jump from 48% in 2023, according to new research by regtech firm Fenergo. Global financial penalties for non-compliance with anti-money laundering (AML) regulations cost financial institutions US$6.6

Procedures 84

Procedures Due Diligence AML Non-Bank 84

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

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 79

Central Bank Non-Bank Settlement Innovation 79

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

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 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 100

Blockchain Innovation Liquidity Management Multi-Currency 100

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 133

Non-Bank Credit Risk Compliance Risk 133

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 77

Cross-Border Non-Bank Processors Issuers 77

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 121

NOV Non-Bank Debit Card Cross-Border Payments 121

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 88

Cross-Border Payments Cross-Border Real Time Payments APACS 88

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 89

Cross-Border Global Payments Cross-Border Payments Multi-Currency 89

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 73

Non-Bank Caps Posting Service Provider 73

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 121

Financial Inclusion Underserved Non-Bank Embedded Finance 121

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

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

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 94

Central Bank Non-Bank Finance FinTech 94

Fintech News

AUGUST 12, 2024

These trends include ecosystem banking, generative artificial intelligence (GenAI), and embedded finance, a new report by PwC India and ASSOCHAM says. Generative AI driving banking and fintech trends in India Generative is one of India’s biggest fintech trends highlighted in the report.

Embedded Finance 98

Embedded Finance FinTech Non-Bank Cross-Border 98

Finezza

AUGUST 25, 2024

The traditional banking setup has seen a complete overhaul with increasing technological advancements. All this has been made possible by embedded finance, which allows the integration of financial services into non-financial services. It may seem like a new world, from loans in 59 minutes to digital wallets.

Embedded Finance 52

Embedded Finance Finance Security Non-Bank 52

Fintech News

JUNE 10, 2024

PT Bank BTPN’s flagship digital bank, Jenius , has teamed up with Perx Technologies , a SaaS lifestyle marketing platform provider, to enhance its customer engagement strategy. This partnership is looking to maximise customer lifetime value through continuous and non-transactional engagement.

Non-Bank 96

Non-Bank Returns Innovation Economy 96