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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

PYMNTS

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

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HSBC, Alibaba Link Up On Quick eCommerce Loans

PYMNTS

We see big data and other emerging technologies as a huge opportunity to offer innovative solutions that make financing easier for our customers,” HSBC’s Jeanny Ip, head of global trade and receivables finance in Macau and Hong Kong, told the Post. There won’t be any need for documents or collateral to get the loans, the paper said.

Big Data 203
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Alt-Lending Enjoys Sudden Investment Revival

PYMNTS

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109
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Newly Funded B2B Startups Tap The Power Of Data

PYMNTS

The company will reportedly use the capital to expand across Europe, though reports noted the potential for growth in Asia and Latin America, considering Tencent’s current investment portfolio in the regions. Yellowbrick Data. Biz2Credit.

Data 139
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China Is Taking On Small Amount Digital Lenders

PYMNTS

As small digital lending startups have recently began flourishing across China, government officials are getting ready to exert just a bit more control over them. This crackdown follows a similar move made in recent months to bring more regulatory oversight to P2P lending in China.

Lending 115
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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs. Improving The SMB Lending Experience. Asymmetric Information Exchange.

Data 193
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Helping build the fintech ecosystem in Latin America

Celent Banking

While Dan was the one really working (he presented on “How Big Data can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders. Discover the finalists of all regions here.

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