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Embedded credit risk decisioning technology will give greater access for MSMEs to make loan applications, and could drive financial inclusion amid the government’s push for digitisation.
The platform has initially been rolled out for SMEs based in Australia, New Zealand, Singapore, the Philippines and Malaysia.
With his addition, the global technology and management consultancy hopes to further build its digital transformation agenda and expand innovation capacity across the insurance value chain.
The appointment of the technology veteran reflects the consulting firm’s confidence in the Indonesian market’s digitisation prospects.
B2B enterprises in Hong Kong are less satisfied with current digital payment capabilities than their B2C peers, while procurement continues to rely on traditional payment methods.
The Filipino digital subsidiary of Union Bank is advancing its digital transformation agenda in order to improve financing access for SMEs and lower lending costs.
The consumer-focussed initiative aims to deliver financial inclusion in Singapore through digital firsts.
CT caught up with the Singaporean bank to learn about recent digital developments across its UOB Infinity platform and its newly launched SME app.
The tech giant has launched ANEXT Bank to help regional SMEs expand overseas. Through partnership with MAS-backed Proxtera, the pair will help Asian corporates secure financing.
Oi-Yee Choo takes on ADDX’s mission to develop Asia’s largest digital securities exchange.