Lending
3 Ways Machine Learning Can Enhance Your Lending Process
A vast majority of the populations in the emerging markets of Southeast Asia, Latin America, and India are at the cusp of financial inclusion, thanks to the growing availability and adoption of digital lending services. The fintech-as-a-service market is predicted
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Funding Societies to Provide Financing for Proton’s Second Hand Car Dealers
SME digital financing platform Funding Societies Malaysia will provide credit facilities for PROTON dealers to finance the purchase of second-hand cars for floor stocking. Dealers who wish to apply for financing may do so via Funding Societies’ online platform. Funding
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KPJ Healthcare Partners Pine Labs to Offer BNPL Payment Option
KPJ Healthcare Berhad (KPJ Healthcare) is collaborating with Pine Labs, a merchant commerce omnichannel platform, to offer flexible payment options for its patients. This service allows payments for KPJ Healthcare’s medical services to be made at Pine Labs’ point-of-sale terminals
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Traditional Banks Woo Malaysian SMEs With Digital Banking
The COVID pandemic has forever changed how businesses operate, from digitising operations, and remote working, to loan financings and banking digitally. While the impact of the pandemic has been felt across sectors of various sizes, Malaysian Small and Medium Enterprises
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Funding Societies Appoints M’sia Country Head, Wong Kah Meng Now Group COO
SME digital financing platform Funding Societies Malaysia announced that it has appointed Chai Kien Poon as Country Head of Malaysia. In his new role, he will be responsible for managing day-to-day operations of Funding Societies in Malaysia, as well as
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UOB Malaysia Partners SJPP to Provide RM1 Billion in Green Financing to SMEs
UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP) to launch the U-Green Financing programme, which will support small and medium-sized enterprises (SMEs) in embracing sustainability. The bank has allocated RM1 billion for this programme, and SJPP will be
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ECF and P2P Lending Has Helped Malaysia’s MSMEs Raise Over RM 2.7 Billion in Financing
In Malaysia, business financing through peer-to-peer (P2P) lending and equity crowdfunding (ECF) is on the rise, with a growing number of micro, small and medium-sized enterprises (MSMEs) turning to digital platforms to secure capital, and more investors embracing the trend
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GHL Partners Ablr to Offer BNPL Payment Options to Its Merchants and Consumers
Payment solutions provider GHL Systems (GHL) has partnered with Buy Now Pay Later (BNPL) firm Ablr to offer enhanced payment solutions to its merchants and consumers. Through this partnership, GHL’s merchant network is able to provide both businesses and consumers
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Gary Yeoh Joins Atome Malaysia as GM After a Short Stint at Fave
Buy now, pay later (BNPL) platform Atome announced the appointment of Gary Yeoh as its General Manager. With over 20 years’ experience in retail and financial and payment sectors, Gary will be instrumental in spearheading Atome’s growth in Malaysia. Prior
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MOF, BNM, SC Task Force Seeks Feedback for BNPL Regulation
The Consumer Credit Oversight Board Task Force today issued the Consumer Credit Act consultation paper, the new act seeks to regulate and consolidate all consumer credit activities under its umbrella, and to promote fair lending and responsible conduct by credit
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