The open banking model zeroes in on the opportunities that third-party FinTechs might have by unlocking banking data of their clients. But as the concept proliferates throughout the financial services world, providers are examining new possibilities of consensual data sharing in other ways. In what...
The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap...
The evolution of financial services has opened the door for open banking to take place. While in the U.K., Europe and elsewhere, regulations mandate that financial institutions open up customer data to third-party platforms, in the U.S., market forces have created a similar, open banking-friendly...
Post-financial crisis, FinTech shed light on the plight of small and medium-sized businesses (SMBs) seeking capital, often shunned by banks — thanks to a lower risk appetite and more stringent regulations. However, if SMBs’ access to capital is small, startups’ struggle to gain financing is...
December 12, 2023
The lending landscape is undergoing a system-level shift that promises to benefit both borrowers and lenders. FinTech innovations, and an evolving mindset within the industry, are combining to usher in a new era of underwriting methods that draw from alternative data sources and advanced analytics to paint a comprehensive picture of an individual’s financial health. […]
March 10, 2020
The small business credit gap is a global issue, a problem that banks and FinTechs continue to hack away at, yet one that remains stubbornly persistent. In markets like Southeast...
