Turnkey Lender’s CEO Dmitry Voronenko Live Interview with Bloomberg TV Philippines

November 13th, 2017

Dmitry Voronenko Turnkey Lender’s CEO went on air live during the show Starting Gate on Nov 9, 2017, to talk about how Turnkey lender is responding to the Government’s call for Financial Inclusion in the Philippines. He spoke about how Turnkey Lender’s End to End Automation solution utilizes AI and Machine Learning to get accurate Credit Scoring and Reports. He also announced that Turnkey Lender has introduced the World’s First Free Online lending Software for the Philippines.

In the Philippines, at least 80% of adults do not maintain bank accounts, and less than 20% of the population has access to formal. However, the smartphone adoption rate is over 50 percent. That represents a great opportunity for fintech companies and for existing lenders which can target and reach all these unbanked people using the right technology like Turnkey Lender SaaS.

Cyber Security, A Lender’s Greatest Risk

November 8th, 2017
A silver steel padock with key sitting on top of a green and orange computer circuit board to represent enhanced cyber security.

According to the latest SEC Risk Alert (August 2017), “…cybersecurity is one of the greatest risks facing the financial services industry.

Their position won’t surprise anyone in the global lending arena, especially in light of Yahoo and Equifax. Yahoo has the dubious honor of holding both first place and second place on the list of worst data breaches. Equifax may rank further down the list; but their breach is more problematic, because the database includes social security number, home address, driver’s license number and credit score for more than half the population of the United States. And it’s the half of the population with financial accounts and a credit history. Read more »

Fintech Award Winners in Singapore

November 16th, 2016

The Monetary Authority of Singapore and the Association of Banks in Singapore have awarded 10 fintech companies a total of more than one million Singapore dollars at the fintech awards.
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