Singapore chosen by Bank for International Settlements for innovation hub centre

qiannow/ July 2, 2019

SINGAPORE – The Bank for International Settlements (BIS), dubbed the central bank for the world’s central banks, will establish an innovation hub centre in Singapore in a move that Singapore’s central bank said reflects the Republic’s position as a leading international fintech centre. BIS’ Innovation Hub will span multiple locations. It will first set up centres in Basel, Switzerland, and Hong Kong,

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Singapore to issue up to 5 licences to digital banks in liberalisation push

qiannow/ July 2, 2019

SINGAPORE will issue up to five new licences to digital banks and begin taking applications from August, in one of the biggest liberalisation steps taken by the city-state in years. The maximum of five new digital-bank licences to be issued in time will comprise up to two digital full-bank licences, and up to three digital wholesale bank licences. They must

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LAUNCH OF QIANNOW – The consumer financing arm of Minterest Group

qiannow/ June 7, 2019

Singapore headquartered fintech group, Minterest Group announces the official launch of its online consumer financing platform for individuals: QianNow (https://qiannow.com). Selected and regulated by the Ministry of Law to pilot new consumer lending practices in Singapore, QianNow utilises proprietary credit scoring and algorithm to instantly assess the creditworthiness of each individual based on a combination of traditional data as well as non-traditional data

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Minterest Group Launches Consumer Financing Tool

qiannow/ June 4, 2019

Singapore headquartered fintech group, Minterest Group announced the official launch of its online consumer financing platform that targets individuals who work in the gig economy. Selected and regulated by the Ministry of Law to pilot new consumer lending practices in Singapore, QianNow utilises proprietary credit scoring and algorithm to instantly assess the creditworthiness of each individual based on a combination of traditional

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A New Personal Financing Point of View

qiannow/ June 3, 2019

Have you ever walked into a bank filled up with hope and anticipation, yet come out feeling disappointed and dejected? Although this occurrence is commonplace around the world, it could be even more prevalent in Singapore. As a result of the high cost of living in this city, taking up loans could be necessary for certain individuals. According to an

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Introducing QianNow

qiannow/ May 31, 2019

The Minterest Group is pleased to announce the opening of our consumer financing business, QianNow. Selected and regulated by the Ministry of Law to pilot new consumer lending practices in Singapore, QianNow utilises proprietary credit scoring algorithm to instantly assess the creditworthiness of each individual based on a combination of traditional data as well as non-traditional data such as bank

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