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Filling a financial gap in Eastern Oregon


Filling a financial gap in Eastern Oregon
While employment by the Confederated Tribes of the Umatilla Indian Reservation drives an economic engine, tribal members and reservation residents lack access to traditional banking. Nixyaawii Community Financial Services is working to bridge that gap.
Author:
May 13, 2021
Nixyaawii Community Financial Services chief operating officer Dave Tovey (left), chief financial officer Becky Cain and business development counselor Raven Manta in the new offices near the Wildhorse Resort & Casino. The community development financial institution serves residents of the Umatilla Indian Reservation. (Photo by Wil Phinney, Underscore.news)
While employment by the Confederated Tribes of the Umatilla Indian Reservation drives an economic engine, tribal members and reservation residents lack access to traditional banking. Nixyaawii Community Financial Services is working to bridge that gap. ....

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Maybank's Group Head of Wealth Management on the Bank's Model and Market Positioning -Asian Wealth Management and Asian Private Banking


Alvin Lee is the Head of Group Wealth Management & Community Financial Services Singapore at Maybank, and was one of our expert panellists speaking at the Hubbis April 7 Webinar on the evolution of private banking in the region and the role of technology in helping achieve key goals. Hubbis caught up with him and Alvin provided insights into the current state of the wealth management market in the region. He also shared the countries the bank covers, his views on key changes and key priorities, and how he is defining Maybank Private’s USP as well as its digital journey plans for the years ahead. Lee has presided over the evolution of the Maybank’s private banking model, which is now in its eighth year. ....

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Tribes step in to fill a financial gap in Eastern Oregon


Tribes step in to fill a financial gap in Eastern Oregon
Posted Apr 30, 6:40 AM
Dave Tovey (left), Nixyaawii Community Financial Services chief operating officer, chief financial officer Becky Cain, and business development counselor Raven Manta in the institution’s new offices near the Wildhorse Resort & Casino. The community development financial institution serves the Confederated Tribes of the Umatilla Indian Reservation. (Photo credit: Wil Phinney)
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By Wil Phinney, Underscore News
When Confederated Tribes of the Umatilla Indian Reservation leaders realized many members didn’t have bank accounts or lines of credit, they put in place a new plan to improve financial literacy and help members obtain loans. ....

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Maybank SME Digital Financing has Provided RM1 Billion or $240 Million in Financing, Serving Over 8200 Malaysian SMEs


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Maybank SME Digital Financing has Provided RM1 Billion or $240 Million in Financing, Serving Over 8200 Malaysian SMEs
Just six months into its launch,
Maybank SME Digital Financing has reportedly cleared RM1 billion (appr. $240 million) worth of financing, serving over 8,200 SMEs, of which around 85% or 6,950 are startups and micro-enterprises based in Malaysia.
Maybank stated that all applications that were eligible or qualified for “instant” decisions got their approval and disbursements within minutes.
Maybank’s management also noted that their
SME Digital Financing solution is the first in the market to provide an end-to-end or completely digital experience, with straight-through processing, from application to approval and then finally disbursement. ....

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