Fintech News

JUNE 5, 2024

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base. ANEXT Bank has seen a six-fold increase in the volume of cross-border transactions facilitated for its MSME customers.

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Fintech News

OCTOBER 28, 2024

Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. It enables financial institutions, especially those without core banking systems or with systems lacking API integration, to manage bulk transactions. million in loans.

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Fintech News

JULY 23, 2024

The company utilizes data analytics and machine learning (ML) algorithms to conduct comprehensive credit assessments of SMEs, considering financial metrics, transactional dynamics, performance monitoring, and industry risks. In 2023, the company processed over 50 million transactions and achieved annual volume close to US$80 billion.

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The Fintech Times

NOVEMBER 6, 2024

Southeast Asian digital finance platform for micro, small and medium enterprises (MSMEs), Funding Societies , has signed its third credit facility with HSBC under its ASEAN Growth Fund. The post HSBC Supports Funding Societies With Third Credit Facility to Support APAC Businesses appeared first on The Fintech Times.

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PYMNTS

JULY 29, 2020

He said Mastercard has already launched inclusion initiatives all over the world in healthcare, agriculture, education and micro-retailing. As Webster pointed out, the great challenge to building access for those who lack it comes when it’s time to validate the new consumers or businesses showing up to transact.

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CB Insights

FEBRUARY 13, 2020

Over the last decade, Stripe has expanded its platform beyond payments processing to handling more complex marketplace transactions through Stripe Connect, while also offering complimentary services to help facilitate online commerce, drive growth for customers, and expand the funnel of internet businesses globally. rate per transaction.

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Fintech News

JANUARY 22, 2025

Transaction banking, which includes cash management and trade finance, has also been pivotal in driving growth and deepening client relationships across Asia. Open banking could drive significant advancements in financial inclusion across underserved markets. These standards enable seamless and transparent regional transactions.

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