Remove Credit Limit Remove Non-Bank Remove Underwriting
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8 Southeast Asian Fintechs Featured in Forbes Asia 100 to Watch List

Fintech News

These companies, which represent countries such as Malaysia, the Philippines and South Korea, are tackling challenges in sectors such as lending, banking, and business finance, leveraging innovative business models and cutting-edge technologies to boost efficiency and enhance accessibility across the financial services industry.

FinTech 117
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

If Amazon can get you lower-debt payments or give you a bank account, you’ll buy more stuff on Amazon.”. Based on our findings, it’s hard to claim that Amazon is building the next-generation bank. In aggregate, these product development and investment decisions reveal that Amazon isn’t building a traditional bank that serves everyone.

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Data Dive: Walking The Walk Edition

PYMNTS

On Thursday morning, news broke that the nation’s largest retailer is suing its longtime credit card issuer, alleging breach of contract. 1), Walmart alleges that Synchrony used underwriting standards that hurt Walmart financially, and is seeking damages of $800 million. Capital One and Discover Tap the Underwriting Brakes.

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HSBC Now Accepts Overseas Credit History, But Why is Financial Inclusion Seeing so few Advancements?

The Fintech Times

HSBC UK recently became the first major bank to enable international customers to leverage their international credit history to apply for a UK mortgage application. Newcomers to the UK often face a number of hurdles and delays when applying for loans – particularly when trying to leverage their overseas credit history.

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Finding A Better Credit Fix For Near-Prime Customers

PYMNTS

Fair Square Financial entered the financial services world a few years ago with two observations about why the world needed another non-bank lender. The first being that the ways credit is underwritten could use a good deal more specificity.

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What is credit decisioning and how to automate it?

Nanonets

Credit decisioning, also known as the credit/loan approval or decline process, is a critical step in the loan or credit process. Business owners and credit professionals must consider multiple factors before extending payment terms to a new customer or increasing the credit limit of an existing customer.

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10 Types of Loan Management Systems—An Overview

M2P Fintech

RBI-compliant Cash vs. Bank Disbursement Splits : Maintains regulatory adherence and secures transactions in a compliant manner. The system comprises Key Features Co-lending Value Add-ons facilitate collaborations between banks and NBFCs to offer jointly funded loans, combining resources to provide better terms and wider reach.