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New 'buy now, pay later' code of conduct can limit debt, but onus still on users to watch spending

The new $2,000 limit on outstanding payments that kicks in on Nov 1 will help to constrain the temptation to spend without limits. Read more at straitstimes.com.

Singapore
National-university-of-singapore
Singapore-general
Diantha-chong
Lawrence-loh
Brandon-chia
Singapore-fintech-association
Financial-group
National-university-of-singapore-business-school
Monetary-authority-of-singapore
Professor-lawrence-loh
National-university

New 'buy now, pay later' code of conduct: Customers cannot have over $2k in outstanding payments

BNPL providers will also suspend a customer’s access to their services if payment obligations are not met. Read more at straitstimes.com.

Singapore
Siew-yee
Singapore-fintech-association
Financial-group
Monetary-authority-of-singapore
Grab-financial-group
Monetary-authority
Loo-siew-yee

People Digest: Grab's ex-lending head joins Julo; Goldman Sachs makes top hires

Ankur Mehrotra will be Indonesian P2P lender Julo's president.

Japan
Indonesia
Indonesian
Japanese
Hans-sebastian
Ankur-mehrotra
Stephanie-cohen
Adrianus-hitijahubessy
Jim-esposito
Dan-dees
Marc-nachmann
Abratable-pte

Easy loans for all

Major banks have continued to tap the underbanked, aiming to promote financial inclusion and further expand their customer base.

Thailand
Thai
Ayudhya-krungsri
Vee-charununsiri
Nayanee-peaugkham
Sutapa-amornvivat
Kattiya-indaravijaya
Kasikornbank-kbank
Phonganant-thanattrai
Worachat-luxkanalode
Carabao-group
Financial-group

Data Vantage: Rainforest bags funding, Nium allots shares to SOCASH investors, and other updates

Rainforest announced raising $45 million in the first close of its Series A funding round.

Vietnam
Republic-of
Japan
India
South-korea
Singapore
Korea
Vietnamese
Reuben-lai
Ben-liew
Benety-liew-shu-wei
Dinh-anh-huan

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