Embedded credit risk decisioning technology will give greater access for MSMEs to make loan applications, and could drive financial inclusion amid the government’s push for digitisation.
Hong Kong is continuously developing its primacy as a key global financial hub, offering solutions to optimise the treasury function for multinational corporates running businesses in Mainland China and Southeast Asia.
A collaboration between Vemanti, Finastra and Lendscape will expand the financing solutions on offer to Southeast Asia’s community of SMEs. The launch of a new digital bank is set to follow.
Panellists at this year’s AFF discussed the fintech developments that are set to bring about greater prosperity across Asia’s financial ecosystems, and the public and private sector collaboration required to do so.
Standard Chartered’s Singapore-based Business Banking clients will be able to participate in a pilot scheme generating digital insights, through partnership with US fintech, upSWOT.
CT spoke exclusively to head of Asia, Steve Scott, to learn about the fintech’s strategy across the region and to discuss the themes affecting corporate access to working capital.
A new initiative aims to make this ESG reporting processes easier for corporates in Singapore and, in turn, to channel more capital into sustainability projects.