Big Data

Indonesian Credit Score Fintech Raised USD30 Million Series B to Expand in Southeast Asia

Jakarta based FinAccel has raised a USD30 million Series B equity investment round led by Square Peg Capital, with participation from new investors MDI Ventures and Atami Capital, and from existing investors Jungle Ventures, Openspace Ventures, GMO Venture Partners, Alpha

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UOB’s Latest Partnerships Reveal the Bank’s Strategy to Stay Relevant

An e-wallet and an artificial intelligence solutions company combines with a traditional bank. United Overseas Bank Limited (UOB) is recently attempting to keep abreast of current banking trends by striking relationships with more agile fintech companies. It has been said

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Credit Score Solution Provider CredoLab Raises US$1 Million

CredoLab, a fintech provider of highly predictive, mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, announced it has closed a US$1 million investment from established global venture capital firm Walden International. CredoLab utilizes its proprietary mobile application, CredoApp, to extract

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Singapore FinTech appoints former StanChart Singapore Chief Executive as Chairman

Singapore-based FinTech start-up, Minterest announces the appointment of Mr. Lim Cheng Teck as Chairman of the Board of Directors at Minterest. Mr. Lim retired as ASEAN Vice Chairman of Standard Chartered Bank in May 2017. He was with the bank for over 28 years

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Unified Data Platform Provider iguazio Opens APAC Headquarters in Singapore

 iguazio a data platform powering continuous analytics and event-driven applications, announced the opening of its Asia Pacific (APAC) regional headquarters in Singapore. iguazio announced Singapore-based Grab as a marquee customer in September 2017 and is rapidly growing its customers across industries including financial services, automotive,

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Why Asia Needs Alternative Credit Scoring

While progress has been made in expanding financial inclusion, there are still billions of people in the world who do not have access to basic banking services, including access to credit. Between 2011 and 2014, the number of people worldwide

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Alternative Credit Scoring Providers In Southeast Asia You Have To Know

Globally, almost 50% of adults have no access to banking-type services of any description. The lack of access to basic financial services has created major barriers for people to overcome poverty by making it almost impossible for individuals and businesses

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How Fintech Can Be The Key Driver of Financial Inclusion

Fintech companies use software and digital platforms to deliver financial services to consumers and businesses. These digital tools and solutions often disrupt established business models by creating new and more efficient means of providing services. In the context of financial

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Why the CIO Will Drive Bank Success in 2017 and Beyond

The banking Chief Innovation Officer, or CIO, has seen their role change in a very short space of time. It may even be argued that the modern demands of the bank CIO are so different to what came before that

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Ayannah launches an AI-powered Credit Scoring Service for the Unbanked

Ayannah a provider of affordable and accessible digital financial services for emerging markets has partnered with Bayad Center, the bills payment subsidiary of Meralco, the Philippines’ largest electric utility to launch Juan Credit™, the first artificial intelligence-powered credit scoring system

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