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Cambodia, Singapore In X-Border FinTech Pact

PYMNTS

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The money will be used to build engineering staff.

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Nav Rolls Out Updated Embedded Financing Tool

PYMNTS

Embedded finance, the release noted, refers to the integration of financial service technologies with other provider solutions. It will also offer a full-service funding manager team so enterprise partners can offer users expertise. SMB owners need simpler, transparent access to capital.

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Why Not All FinTech Providers Are FinTech Firms

PYMNTS

And sometimes, terms get thrown about interchangeably — when, really, they refer to very different things. Such is the case in financial services, where “ FinTech ” is often used to describe financial technology vendors. “A He also weighed in on the role financial technology vendors have to play in the future. “As

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What Can Banks Learn From The FinTechs?

Insights on Business

This phenomenon is also being referred as an “ Uber moment ” in the banking industry. In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management.

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What Can Banks Learn From The FinTechs?

Insights on Business

What should be their strategy for Digital Banking transformation and what they can learn from FinTech innovation? This phenomenon is also being referred as an “ Uber moment ” in the banking industry. Examples include Lending Club and Zopa in lending, Nutmeg and Weathfront in Wealth Management; WePay and Stripe for Payments.

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What Can Banks Learn From The FinTechs?

Insights on Business

This phenomenon is also being referred as an “ Uber moment ” in the banking industry. In today’s highly digitized and connected world, several lean and nimble organizations are making profound business impact challenging the traditional banking models in domains such as Payments, Lending and Wealth Management.

Fintech 93
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What SMBs’ Cash-Flow Crisis Means For Fintech

CB Insights

As a reference, 10-year default rates for SBA loans provided by traditional lenders have ranged from 12% to as high as 25%. The pandemic has highlighted the critical need for the government to embrace financial technology.

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