Finastra has announced plans around a range of initiatives which will enable its customers to accelerate through change, as well as creating positive outcomes for millions of people around the world.
The Indonesian Fintech Lenders Association has offered to help accelerate the disbursement of national economic recovery program funds as the government struggles to amass the data needed to deliver the money to the right places.
PT JULO Teknologi Finansial (JULO), an Indonesian based Fintech P2P Lending, initiated several programs to help individuals affected by the pandemic.
STATE-run Development Bank of the Philippines will forge ahead with its financial inclusion initiatives this year by tapping financial technology companies, non-bank financial institutions, as well as rural banks.
Fintech Adoption: Mobile, Digital, and Contactless Payments Increasingly Being Used in Indonesia Due to COVID-19
Certain segments of the fintech industry, including digital, mobile, and contactless payments, have seen increased adoption in recent months, since the pandemic began.
The SG$6 million ($3.44 million) grant can be used by local fintech companies to cover their daily working capital expenses and finance new product development work with financial institutions.
As the growing pandemic continues to plunder on, the Singapore Fintech Association (SFA) and Razer have teamed up to provide financial assistance to local Singaporean fintech companies.
Hong Kong Alt-Lender Oriente Raises $50m as It Looks to Step up Efforts in a Highly Competitive Sector
Oriente will use the money to boost its growth in existing markets and further new developments in places like Vietnam.