Jia Partners With Netbank to Expand SME Lending

Proven on US$20M in Philippine SME loans with a sub-3% NPL rate, Jia’s AI underwriting infrastructure Ossicone is now available for banks, cooperatives and lending companies to deploy under their own brand. Jia, a financial platform serving businesses across emerging markets, today announced a landmark partnership with Netbank, a bank regulated by the Bangko Sentral ng Pilipinas, marking the first time Jia has opened its lending infrastructure to an outside institution. As part of the...

SCB, Citi Advance Real-Time Cross-Border Payments

The Siam Commercial Bank is the first financial institution client globally to go live with Citi’s 24/7 USD Clearing and Citi Token Services solution This collaboration advances Citi’s digital assets agenda by using blockchain and tokenized deposits to offer frictionless, always-on payment corridors, overcoming settlement delays and banking cut-off times The integrated solution furthers Citi’s ‘network of networks’ approach, ensuring clients can operate across multi-bank, multi-market and multi-network environments The Siam Commercial Bank (SCB) and...

FLEX Payment Solutions Expands Digital Payment Capabilities with Pay By Bank

FLEX Payment Solutions, a family-owned payment technology company and five-time Inc. 5000 honoree, recently announced the expansion of its Pay By Bank solution. The solution helps businesses accept secure bank-to-bank payments while providing consumers with an additional way to pay. As businesses seek alternatives to traditional card payments, Pay By Bank allows consumers to authorize transactions directly from their bank account through a simple digital experience. The solution helps businesses reduce payment friction, lower payment...

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