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Nagad Limited: Nagad Islamic scoops best innovation in other financial institutions award

Nagad Islamic scoops best innovation in other financial institutions award

DHAKA, Bangladesh, March 1, 2023 /PRNewswire/ Nagad Islamic, Bangladesh's first and only Shariah-compliant mobile financial service, won the award for "Best Innovation in other financial institutions" at the fifth Bangladesh Innovation Award gala 2023, in recognition of its innovative approach and extraordinary success in introducing an option for practicing Muslims to manage their funds in an interest-free.

Report on Digital Assets: Renewed Emphasis Towards Utility and Institutional Adoption

The report, jointly produced by Oliver Wyman, Elevandi and the Monetary Authority of Singapore, highlights that despite the wide-ranging and ongoing pressure facing the digital assets ecosystem, the downturn could mark an inflection point for the ecosystem. SINGAPORE, Feb. 21, 2023 /PRNewswire/ A new report - Digital Assets and Web3: Insights from the Singapore FinTech Festival 2022 (SFF 2022) - jointly produced by Oliver Wyman, Elevandi and the Monetary Authority of Singapore (MAS) examined SFF 2022 participants' presentations and captured shifting sentiments and priorities in the digital assets industry. A report by by Oliver Wyman, Elevandi and the Monetary Authority of Singapore. The digital assets ecosystem has experienced both the macroeconomic pressures felt in traditional markets, and a series of idiosyncratic crises that continue to impact participants. However, despite the wide-ranging and ongoing pressure, the downturn could mark an inflection point; a shift from specul

Report on Digital Assets: Renewed Emphasis Towards Utility and Institutional Adoption

The report, jointly produced by Oliver Wyman, Elevandi and the Monetary Authority of Singapore, highlights that despite the wide-ranging and ongoing pressure facing the digital assets ecosystem, the downturn could mark an inflection point for the ecosystem. SINGAPORE, Feb. 21, 2023 /PRNewswire/ A new report - Digital Assets and Web3: Insights from the Singapore FinTech Festival 2022 (SFF 2022) - jointly produced by Oliver Wyman, Elevandi and the Monetary Authority of Singapore (MAS) examined SFF 2022 participants' presentations and captured shifting sentiments and priorities in the digital assets industry. A report by by Oliver Wyman, Elevandi and the Monetary Authority of Singapore. The digital assets ecosystem has experienced both the macroeconomic pressures felt in traditional markets, and a series of idiosyncratic crises that continue to impact participants. However, despite the wide-ranging and ongoing pressure, the downturn could mark an inflection point; a shift from specul

Financial Institutions Leverage Datacultr to reach New to Credit customers, securing 1 9 million loans in 2022 worth over USD 380 million

New Delhi [India], February 15 (ANI/NewsVoir): Dubai-based digital debt collection and risk management start-up, Datacultr, announced that its innovative Credit Recovery Operating System has helped banks and financial institutions secure 1.9 million loans worth over USD 380 million in 2022. This system supports high-risk lending and improves collection efforts to reduce delinquencies. Datacultr works with banks across India, South Asia, South East Asia, Africa, and LATAM, offering a complete suite of services that reduces lending risk and costs. The platform includes AI-powered behavioral templates, digitized collection processes, and machine learning-based fraud detection. According to CEO and Co-founder Neel Juriasingani, "Datacultr platform is a win-win for lenders and customers, providing lenders with a secure and cost-effective way to access a new customer base, while also offering a practical and easy way to access credit to end borrowers. The platform was designed to provid

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