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Purposeful Coexistence in Your Journey to a Digital Core
The costs and complexity of legacy banking technology have firmly established the need for financial institutions to modernise their systems. Banks must move away from legacy infrastructure that constrains innovation and prevents them from providing the real-time, personalised banking experiences
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RePay Digital Solutions Formalizes Collaboration With UnionBank
RePay Digital Solutions formalized its new partnership with UnionBank Philippines to provide financial services for Filipinos in the local and international market. RePay is a digital wealth-building tool that is aimed first and foremost for Filipinos. Its mission is based
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AWS and Mambu Share Their Guide to Cloud Migration for Incumbent Banks
In today’s rapidly evolving economic environment, businesses need to be able to adapt quickly to changing market and consumer demands. This is especially true for traditional banks and financial institutions experiencing pressure to offer the same level of agility as
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Transforming the Future of Banking Through Cloud and Open-Source Technologies
The banking sector has undergone a significant transformation thanks to the introduction of cloud and open-source technologies. Previously, banks relied on legacy systems and proprietary software, resulting in operations being siloed, scalability being limited, and high costs. However, with the
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Financial Services Revolution: Salmon’s Drive to Promote Inclusion
The economy in the Philippines is expanding at record speed, and its dynamic population – young, growing, and savvy at using mobile technologies – is set to become the key benefactor of the economic opportunities it creates, with a little
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LF Lending Services Modernizes Credit Scoring Process With FinScore’s Alternative Telco Data
Manila-based LF Lending Services is on the verge of digital transformation, starting with the integration of telco data into existing credit decisioning models. Unique insights from telco data allow LF Lending to predict repayment behaviors with improved speed and accuracy.
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How Embedded Finance Is Revolutionising Financial Services in Southeast Asia
Embedded finance is a thriving trend that is rapidly changing the banking and financial services landscape in Southeast Asia. With around 290 million unbanked consumers in the region, embedded finance has the potential to help improve financial inclusion for those
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Deconstructing the Evolution of the Fintech Sector in Asia
Since the term ‘fintech’ was first coined in the early 2010s, the financial technology sector and the ecosystem around it has undergone a massive evolution. A fluctuating economic climate has seen some startups go public, while others have gone under
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Fintech Salmon Gets a Boost From Finscore’s Telco Data-Based Credit Scoring
Fintech startup Salmon has selected Philippines-based alternative credit scoring provider FinScore to offer flexible financing terms and generous loan amounts to merchants as well as the ability to defer shopping bills over several monthly installments to buyers. Powered by FinScore’s
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BNPL Firm Mocasa Innovates Lending Space With Finscore’s Telco-Based Credit Scores
Buy Now, Pay Later (BNPL) firm Mocasa has tapped alternative credit scoring company FinScore to engineer bespoke credit scoring models that mitigate risk while its expanding market reach. Now in its second year of business, Mocasa is doubling down on
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