Singapore’s start-up economy and innovative financial system have cultivated the peer-to-peer lending industry in the country. With more players coming into the scene, Funding Societies aims to differentiate itself through data analytics and technology.
Acknowledging the disconnect between available credit and the underserved small and medium enterprise (SME) market, the Development Bank of the Philippines (DBP) ventured into serving highly risky market segments through its Sustainable Enterprises for Economic Development (SEED) programme.
FINTQ addresses the gap in financial access for Filipinos without credit qualifications and those in the rural areas through its cloud-based lending platform Lendr, approved by the Bangko Sentral ng Pilipinas (BSP). Lendr also fosters collaboration among banks, financial technology companies and other key stakeholders in the industry
This year, SIBOS focused the industry's attention on the future of banking and the various technologies and new players paving the way for efficiency, transparency and better customer experience. As institutions relook at their business models and prepare for the future, measures against financial crimes are also strengthened to keep safe in the digital era.
Jim Lai, head of Tencent Financial Technology Department, shares how the company became one of China’s top financial services providers and how a customer-centric internal culture resulted in effective and cost-efficient products.
The following sections outline our proprietary methodology, which subscribers can use as a guide to understand the various research notes and analysis.