TurnKey Lender and Globe Telecom Partnership to Fulfill Thousands of Loan Requests Per Day to Serve More Filipino Customers in Need

Andreas Milano

SINGAPORE–(BUSINESS WIRE)–TurnKey Lender is pleased to welcome Globe Telecom as a new addition to its rapidly expanding client family. Globe Telecom, one of leading mobile telecommunication companies in the Philippines, joins more than 170 lenders worldwide that rely on TurnKey Lender’s software platform for best-of-breed digital lending services, from origination and underwriting to repayment and reporting.

“Globe, a world-class telecom, was looking for a loan processing platform that could easily keep up with its extremely high transaction volumes,” said Elena Ionenko, TurnKey Lender’s Chief Business Development Officer. “Of course, that’s right in our wheelhouse. I feel confident

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JULO Launches Digital Credit with 15 Million Rupiah Limit for Indonesia Customers

Andreas Milano

JAKARTA, Indonesia, April 13, 2021 /PRNewswire/ — Indonesian fintech lending industry has experienced massive growth with a 135% year-on-year increase in total borrowers account, reaching 155 trillion-rupiah disbursement (Financial Services Authority/OJK, December 2020). The rise of fintech peer-to-peer lending has gained much traction among end consumers who see it as an alternative to conventional banking and payment services.

Indonesian Fintech JULO launches digital credit enables cash and non-cash transaction, including e-commerce payment, utilities bill, phone credit and e-wallet top up.

Digital credit is one of their services which is often sought after by the public. With the advancement of

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Maybank: SME Digital Financing hits RM1b loan approvals in six months

Andreas Milano

KUALA LUMPUR (April 12): Malayan Banking Bhd (Maybank) said its newly-launched SME Digital Financing has approved RM1 billion of financing, benefitting more than 8,200 small and medium enterprises (SMEs), of which 85% or 6,950 are start-ups and microenterprises.

In a statement, the bank said all applications that were eligible for instant decisions received approval and disbursements in less than five minutes.

“Maybank SME Digital Financing was introduced last September at the height of the pandemic with two objectives in mind. First, to provide quick and hassle-free financing to SMEs during this critical period when liquidity is crucial.

“Secondly, we wanted

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MyLife MyFinance Completes End-to-End Digital Transformation with Temenos SaaS

Australian bank completes remote implementation of Temenos cloud technology to accelerate growth and offer differentiated customer experiences

With Temenos’ front-to-back SaaS digital banking platform, MyLife MyFinance will achieve straight-through processing for 90% of new customers

With Temenos, MyLife MyFinance streamlines the loan application process, reducing loan document preparation time from 60 minutes to 5 minutes

Temenos (SIX: TEMN), the banking software company, today announced that MyLife MyFinance has gone live with Temenos’ front-to-back digital banking platform delivered as Temenos SaaS. Using Temenos Country Model Bank methodology, the new front-to-back system simplifies processes, enhances the customer experience, and replaces legacy systems.

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Agricultural Lender, AgAmerica Lending, Launches Groundbreaking Interactive Website for Rural Land Financing | News

Andreas Milano

LAKELAND, Fla., April 11, 2021 /PRNewswire-PRWeb/ — NEW FEATURES ON THE AGAMERICA WEBSITE

  • An industry unique, interactive, and complimentary Financial Health Check Tool that provides operators with a composite evaluation score of the overall financial health of their agricultural operation.
  • A new online application process that provides rural landowners, a convenient, streamlined way to apply for financing directly online with an average loan approval window of 48 hours, based on eligibility.
  • An agricultural information hub that provides real-time economic and commodity markets data, legislative and trade updates, and farm documentaries that illustrates what it takes to be an American
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How lending companies can go digital seamlessly

Andreas Milano

Since the new millennium, technology has revolutionized all industries worldwide, including financial services. In India, this trend has accelerated in the past few years after Demonetisation and the introduction of GST, as well as the Digital India mission.

The rise of digital offerings has spawned a seminal shift in customer habits. As they moved from offline to online transactions, consumer expectations have soared. Given their enhanced expectations, lending entities are being nudged into offering better products and reliable services together with lower TAT (turnaround time) when providing loans.

Digital vs Legacy Models

Digital Lenders are also ensuring all their services

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